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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against Lighter−0.214%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.214% cheaper against Lighter than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POL0.11200.0096pay 0.0012% / 1h7m 14s$300K$572K8x
ShortAevo POL-PERP0.11180.0104get 0.0013% / 1h7m 14s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$1.68
Price spread: −0.214% → 0.000%
−$21.43
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$35.75
Costs to cover
0.160%
Break-even
155.9 days
Slippage unknown: Lighter: live order book, 63 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 63 min ago5.39 bp5.5 bp −$655.2 bp −$552doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1118−0.183%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.074%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.065%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120+0.004%$24K150xas long as short
Orderly PERP_POL_USDC+0.0013%4h0.1119−0.076%$11K$185K20xas long as short
dYdX POL-USD+0.0013%1h0.1121+0.089%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.808%$3K$124K12xas long as short
Lighter POLlong+0.0096%1h0.1120long leg$300K$572K8x
Aster POLUSDT+0.0100%4h0.1120−0.004%$372K$340K20xas long as short
Binance POLUSDT+0.0100%4h0.1120+0.004%$17.3M$49.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1119−0.067%$16.1M$15.1M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120−0.004%$5.8M$11.6M50xas long as short
Gate POL_USDT+0.0100%4h0.1120+0.004%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120−0.013%$24.3M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120−0.004%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120−0.031%$4.1M$5.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1119−0.058%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.269%$660K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.055%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1121+0.085%$198K$649K50xas long as short
Extended POL-USD+0.0104%1h0.1119−0.070%$93K$427K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1118−0.214%$41K3x
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1120+0.016%$3K100xas long as short
Hyperliquid POL+0.0222%1h0.1121+0.129%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1121+0.112%$910K$163K75xas long as short