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+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against MEXC−0.064%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.064%, 7d avg −0.026%
Together, before fees+0.028%+ Points / potential airdropExtended: Active · farm board+$3 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: Extended is 0.038% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POL_USDT0.11280.0100pay 0.0050% / 4h55m 44s$24.2M$3.8M125x
ShortExtended POL-USD0.11270.0104get 0.0013% / 1h55m 44s$94K$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.064% → −0.026%
−$3.77
Slippage, 4 orders
−$34.2
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.13
Costs to cover
0.392%
Break-even
358.1 days
Slippage from MEXC: live order book, 8 min ago; Extended: live order book, 22 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, 8 min ago2.22 bp3.8 bp −$414.3 bp −$14382.2 bp −$8,221doesn't fit
Sell Extended live order book, 22 min ago1.56 bp15.5 bp −$15201.7 bp −$2,017doesn'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%1h0.1122−0.488%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1128+0.039%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1127−0.058%$3Kas long as short
Orderly PERP_POL_USDC−0.0005%4h0.1127−0.071%$11K$194K20xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1127−0.022%$24K150xas long as short
dYdX POL-USD+0.0013%1h0.1127−0.033%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−1.463%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1127−0.037%$301K$571K8xas long as short
Aster POLUSDT+0.0100%4h0.1127−0.064%$374K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1127−0.046%$17.4M$50.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1126−0.098%$16.3M$15.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1127−0.089%$5.8M$12.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1127−0.089%$1.9M$1.3M75xas long as short
MEXC POL_USDTlong+0.0100%4h0.1128long leg$24.2M$3.8M125x
KuCoin POLUSDTM+0.0100%4h0.1127−0.071%$2.8M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1127−0.027%$4.2M$5.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1127−0.035%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1123−0.382%$664K$189Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1126−0.173%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1126−0.133%$199K$657K50xas long as short
Extended POL-USDshort+0.0104%1h0.1127−0.064%$94K$427K10x
Aevo POL-PERP+0.0104%1h0.1126−0.176%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127−0.011%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1127−0.089%$915K$170K75xas long as short
Hyperliquid POL+0.0372%1h0.1129+0.133%$7.7M$4.0M5xas long as short