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 +0.013%
Price spread now: BingX against MEXC0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.233%+$23 on $10k
Price spread, last 7 days−0.007%−$1 · spread now 0.000%, 7d avg −0.009%
Together, before fees+0.226%+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POL_USDT0.11130.0100pay 0.0050% / 4h2h 43m$23.4M$4.0M125x
ShortBingX POL-USDT0.11130.0100get 0.0050% / 4h2h 43m$7.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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% → −0.009%
$0.87
Slippage, 4 orders
−$21.97
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.09
Costs to cover
0.320%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 9 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 MEXC live order book, 5 min ago0.45 bp2.2 bp −$29.4 bp −$9471.2 bp −$7,117164.6 bp −$82.3K
Sell BingX live order book, 9 min ago1.80 bp13.6 bp −$1432.7 bp −$327107.6 bp −$10.8K484.6 bp −$242.3K

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
ApeX Omni POLUSDT−0.0209%1h0.11130.000%$197K$661K50xas long as short
Coinbase International POL-PERP-INTX−0.0080%1h0.1111−0.180%$202K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1112−0.078%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0043%4h0.1111−0.153%$11K$209K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1111−0.152%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1112−0.084%$22K150xas long as short
dYdX POL-USD+0.0006%1h0.1112−0.081%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.180%$3K$124K12xas long as short
GRVT POL_USDT_Perp+0.0034%4h0.1112−0.127%$1.1M$3.5M10xas long as short
OKX POL-USDT-SWAP+0.0080%4h0.11130.000%$5.8M$12.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter POL+0.0096%1h0.1113+0.013%$311K$559K8xas long as short
Hyperliquid POL+0.0100%1h0.1115+0.180%$7.6M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1113+0.013%$370K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1113−0.016%$17.0M$51.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1112−0.054%$16.0M$16.4M75xas long as short
Gate POL_USDT+0.0100%4h0.1113−0.009%$1.9M$1.4M75xas long as short
MEXC POL_USDTlong+0.0100%4h0.1113long leg$23.4M$4.0M125x
KuCoin POLUSDTM+0.0100%4h0.1112−0.099%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1113−0.018%$4.1M$6.0M50xas long as short
BingX POL-USDTshort+0.0100%4h0.11130.000%$7.3M
Variational Omni POL+0.0100%4h0.1111−0.211%$656K$211Kas long as short
Extended POL-USD+0.0104%1h0.1113−0.032%$93K$437K10xas long as short
Aevo POL-PERP+0.0104%1h0.1111−0.180%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1112−0.073%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1111−0.216%$904K$167K75xas long as short