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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.005%
Price spread now: Extended against OKX−0.010%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.010%, 7d avg −0.007%
Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.11110.0081pay 0.0040% / 4h2h 45m$5.7M$12.1M50x
ShortExtended POL-USD0.11110.0104get 0.0013% / 1h45m 17s$93K$437K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$4.87
Price spread: −0.010% → −0.007%
−$0.29
Slippage, 4 orders
−$45.83
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$56.24
Costs to cover
0.608%
Break-even
87.8 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 42 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, 3 min ago0.90 bp14.6 bp −$1562.0 bp −$620doesn't fitdoesn't fit
Sell Extended live order book, 42 min ago1.79 bp15.5 bp −$15148.8 bp −$1,488doesn'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
ApeX Omni POLUSDT−0.0209%1h0.1113+0.135%$197K$661K50xas long as short
Coinbase International POL-PERP-INTX−0.0080%1h0.1111−0.045%$202K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1112+0.090%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0044%4h0.1111−0.009%$11K$209K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1111−0.006%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1112+0.057%$22K150xas long as short
dYdX POL-USD+0.0006%1h0.1112+0.054%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.045%$3K$124K12xas long as short
GRVT POL_USDT_Perp+0.0034%4h0.1112+0.007%$1.1M$3.5M10xas long as short
OKX POL-USDT-SWAPlong+0.0081%4h0.1111long leg$5.7M$12.1M50x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter POL+0.0096%1h0.1111−0.018%$310K$559K8xas long as short
Hyperliquid POL+0.0100%1h0.1113+0.171%$7.5M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1112+0.058%$370K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.11110.000%$17.0M$51.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1111−0.072%$16.0M$16.4M75xas long as short
Gate POL_USDT+0.0100%4h0.1111−0.081%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1111−0.009%$23.3M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1111−0.018%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1111−0.036%$4.1M$6.0M50xas long as short
BingX POL-USDC+0.0100%4h0.1112+0.009%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1111−0.076%$656K$211Kas long as short
Extended POL-USDshort+0.0104%1h0.1111−0.010%$93K$437K10x
Aevo POL-PERP+0.0104%1h0.1110−0.135%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1112+0.066%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1112+0.045%$905K$168K75xas long as short