Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.036%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$850.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.036%, 7d avg −0.035%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLUSDTM0.11230.0100pay 0.0050% / 4h1h 10m$2.8M$1.0M50x
ShortBingX POL-USDT0.11230.0100get 0.0050% / 4h1h 10m$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.036% → −0.035%
−$0.07
Slippage, 4 orders
−$63.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$85.53
Costs to cover
0.855%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago4.89 bp37.7 bp −$38145.4 bp −$1,454doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.22 bp12.8 bp −$1321.8 bp −$21878.6 bp −$7,860507.2 bp −$253.6K

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP−0.0162%1h0.1111−1.095%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.116%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124+0.084%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0012%4h0.11230.000%$11K$197K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123+0.002%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1124+0.078%$24K150xas long as short
dYdX POL-USD+0.0014%1h0.1124+0.061%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1124+0.036%$300K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1123−0.015%$376K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1123−0.009%$17.4M$51.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1123−0.071%$16.2M$15.6M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.027%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1124+0.053%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1123−0.009%$23.7M$3.9M125xas long as short
KuCoin POLUSDTMlong+0.0100%4h0.1123long leg$2.8M$1.0M50x
Bitget POLUSDT+0.0100%4h0.11230.000%$4.2M$5.8M50xas long as short
BingX POL-USDTshort+0.0100%4h0.1123−0.036%$7.2M
Variational Omni POL+0.0100%4h0.1125+0.130%$664K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124+0.036%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1124+0.062%$199K$658K50xas long as short
Extended POL-USD+0.0104%1h0.1123−0.029%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1122−0.114%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1124+0.081%$3K100xas long as short
Hyperliquid POL+0.0235%1h0.1125+0.196%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1124+0.018%$914K$170K75xas long as short