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: KuCoin against MEXC+0.072%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.691% 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−0.053%−$5 · spread now +0.072%, 7d avg +0.027%
Together, before fees+0.154%+$15 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: KuCoin is 0.046% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POL_USDT0.11060.0100pay 0.0050% / 4h3h 50m$24.8M$3.5M125x
ShortKuCoin POLUSDTM0.11060.0100get 0.0050% / 4h3h 50m$2.9M$975K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.072% → +0.027%
$4.55
Slippage, 4 orders
−$57.15
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$64.6
Costs to cover
0.691%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago0.45 bp3.0 bp −$312.3 bp −$12371.1 bp −$7,115195.1 bp −$97.6K
Sell KuCoin live order book, 6 min ago6.81 bp29.7 bp −$30127.7 bp −$1,277doesn'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−0.0512%1h0.1098−0.687%$202K$198K50xas long as short
Kraken Futures PF_POLUSD−0.0139%1h0.1107+0.083%$1.2M$1.2M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1106+0.022%$3Kas long as short
dYdX POL-USD0.0000%1h0.1107+0.118%$17K$2K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1106+0.081%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.488%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1106+0.027%$11K$243K20xas long as short
Lighter POL+0.0096%1h0.1106+0.039%$281K$540K8xas long as short
Aster POLUSDT+0.0100%4h0.1107+0.086%$367K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1106+0.001%$17.1M$41.3M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1105−0.018%$15.9M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1106+0.009%$5.7M$10.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1105−0.027%$1.8M$1.3M75xas long as short
MEXC POL_USDTlong+0.0100%4h0.1106long leg$24.8M$3.5M125x
KuCoin POLUSDTMshort+0.0100%4h0.1106+0.072%$2.9M$975K50x
Bitget POLUSDT+0.0100%4h0.1106+0.027%$4.1M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1106+0.018%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1105−0.022%$612K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1107+0.100%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1104−0.145%$196K$638K50xas long as short
Extended POL-USD+0.0104%1h0.1105−0.018%$92K$450K10xas long as short
Aevo POL-PERP+0.0104%1h0.1105−0.077%$40K3xas long as short
Hyperliquid POL+0.0154%1h0.1108+0.190%$7.5M$3.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1106+0.073%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1106+0.036%$911K$169K75xas long as short