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: Bitget against KuCoin0.000%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$760.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg −0.027%
Together, before fees−0.067%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.027% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLUSDTM0.11200.0100pay 0.0050% / 4h7m 01s$2.8M$1.1M50x
ShortBitget POLUSDT0.11200.0100get 0.0050% / 4h7m 01s$4.1M$5.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.027%
$2.73
Slippage, 4 orders
−$51.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$72.78
Costs to cover
0.755%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 1 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, 5 min ago4.91 bp23.6 bp −$24156.9 bp −$1,569doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.23 bp15.3 bp −$1521.0 bp −$210doesn't fitdoesn't fit

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
Coinbase International POL-PERP-INTX−0.0128%1h0.1118−0.179%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.079%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.061%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120+0.008%$24K150xas long as short
Orderly PERP_POL_USDC+0.0013%4h0.1119−0.071%$11K$185K20xas long as short
dYdX POL-USD+0.0013%1h0.1121+0.093%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.804%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1120+0.004%$300K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.11200.000%$372K$340K20xas long as short
Binance POLUSDT+0.0100%4h0.1120+0.018%$17.3M$49.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120−0.027%$16.1M$15.1M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120+0.036%$5.8M$11.6M50xas long as short
Gate POL_USDT+0.0100%4h0.1120+0.009%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120−0.009%$24.3M$3.9M125xas long as short
KuCoin POLUSDTMlong+0.0100%4h0.1120long leg$2.8M$1.1M50x
Bitget POLUSDTshort+0.0100%4h0.11200.000%$4.1M$5.3M50x
BingX POL-USDT+0.0100%4h0.1120−0.027%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.264%$660K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.060%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1121+0.089%$198K$649K50xas long as short
Extended POL-USD+0.0104%1h0.1119−0.065%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1118−0.210%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1120+0.021%$3K100xas long as short
Hyperliquid POL+0.0222%1h0.1122+0.188%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1121+0.116%$910K$163K75xas long as short