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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: MEXC against KuCoin−0.018%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.208%−$21 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.018%, 7d avg −0.027%
Together, before fees−0.215%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLUSDTM0.10910.0100pay 0.0050% / 4h1h 32m$2.9M$938K50x
ShortMEXC POL_USDT0.10910.0100get 0.0050% / 4h1h 32m$24.6M$3.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.018% → −0.027%
$0.86
Slippage, 4 orders
−$47.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$58.29
Costs to cover
0.591%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 2 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 ago5.50 bp23.0 bp −$23149.5 bp −$1,495doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.46 bp2.4 bp −$213.3 bp −$13373.5 bp −$7,352194.6 bp −$97.3K

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−0.0472%1h0.1088−0.257%$201K$203K50xas long as short
Kraken Futures PF_POLUSD−0.0380%1h0.1091+0.026%$1.1M$1.0M50xas long as short
Gate POL_USDT−0.0318%4h0.1090−0.101%$1.8M$1.3M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1090−0.050%$2Kas long as short
dYdX POL-USD0.0000%1h0.1090−0.064%$18K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1092+0.071%$12K150xas long as short
Orderly PERP_POL_USDC+0.0026%4h0.1090−0.055%$11K$1.3M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.852%$3K$124K12xas long as short
OKX POL-USDT-SWAP+0.0056%4h0.1090−0.037%$5.6M$9.4M50xas long as short
Lighter POL+0.0096%1h0.10910.000%$276K$543K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1092+0.128%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1091+0.027%$362K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1091−0.021%$16.6M$37.3M75xas long as short
Bybit POLUSDT+0.0100%4h0.1090−0.028%$15.7M$10.0M75xas long as short
MEXC POL_USDTshort+0.0100%4h0.1091−0.018%$24.6M$3.3M125x
KuCoin POLUSDTMlong+0.0100%4h0.1091long leg$2.9M$938K50x
Bitget POLUSDT+0.0100%4h0.1091+0.028%$4.0M$4.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1090−0.064%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.160%$602K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1090−0.037%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1091+0.018%$194K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1091−0.009%$93K$235K10xas long as short
Aevo POL-PERP+0.0104%1h0.1090−0.119%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1092+0.076%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1091−0.009%$897K$149K75xas long as short