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 +0.008%
Price spread now: Bybit against OKX−0.018%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 7 days−0.009%−$1 · spread now −0.018%, 7d avg −0.018%
Together, before fees+0.163%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.10910.0100pay 0.0050% / 4h2h 41m$5.6M$9.4M50x
ShortBybit POLUSDT0.10910.0100get 0.0050% / 4h2h 41m$15.7M$10.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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% → −0.018%
−$0.04
Slippage, 4 orders
−$34.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$55.43
Costs to cover
0.554%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: 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 OKX live order book, 1 min ago1.38 bp14.8 bp −$1560.2 bp −$602doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.92 bp13.4 bp −$1333.8 bp −$338doesn'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−0.0480%1h0.1089−0.165%$201K$199K50xas long as short
Gate POL_USDT−0.0242%4h0.1090−0.064%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1092+0.065%$1.2M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1091−0.027%$2Kas long as short
dYdX POL-USD0.0000%1h0.1092+0.090%$19K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1092+0.080%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.852%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0038%4h0.1091+0.028%$11K$840K20xas long as short
Lighter POL+0.0096%1h0.1091+0.034%$278K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1093+0.183%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1091+0.054%$362K$242K20xas long as short
Binance POLUSDT+0.0100%4h0.1091+0.013%$16.7M$38.5M75xas long as short
Bybit POLUSDTshort+0.0100%4h0.1091−0.018%$15.7M$10.6M75x
OKX POL-USDT-SWAPlong+0.0100%4h0.1091long leg$5.6M$9.4M50x
MEXC POL_USDT+0.0100%4h0.1091+0.018%$24.6M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1091+0.028%$2.9M$939K50xas long as short
Bitget POLUSDT+0.0100%4h0.1091+0.009%$4.0M$4.1M50xas long as short
BingX POL-USDT+0.0100%4h0.10910.000%$7.1Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.141%$603K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1090−0.073%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1091+0.018%$194K$632K50xas long as short
Extended POL-USD+0.0104%1h0.1090−0.035%$91K$276K10xas 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+0.072%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1090−0.064%$898K$160K75xas long as short