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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Reya+0.032%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.032% dearer against Reya than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POLRUSDPERP0.1094−0.0006get 0.0001% / 1h7m 02s$3K
ShortApeX Omni POLUSDT0.10940.0056get 0.0007% / 1h7m 02s$194K$641K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
$13.02
Price spread: +0.032% → 0.000%
$3.17
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$0.19
Costs to cover
0.160%
Break-even
6.9 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell ApeX Omni live order book, 36 min ago13.74 bp25.7 bp −$26137.8 bp −$1,378doesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0472%1h0.1088−0.517%$201K$197K50xas long as short
Kraken Futures PF_POLUSD−0.0379%1h0.1095+0.156%$1.2M$994K50xas long as short
Gate POL_USDT−0.0330%4h0.1093−0.060%$1.8M$1.3M75xas long as short
Reya POLRUSDPERPlong−0.0006%1h0.1094long leg$3K
OKX POL-USDT-SWAP−0.0002%4h0.1095+0.096%$5.7M$9.3M50xas long as short
dYdX POL-USD0.0000%1h0.1094+0.023%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1095+0.132%$12K150xas long as short
Orderly PERP_POL_USDC+0.0006%4h0.1094+0.041%$11K$1.5M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.586%$3K$124K12xas long as short
ApeX Omni POLUSDTshort+0.0056%1h0.1094+0.032%$194K$641K50x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter POL+0.0096%1h0.1095+0.096%$277K$543K8xas long as short
Hyperliquid POL+0.0100%1h0.1097+0.269%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1095+0.109%$363K$174K20xas long as short
Binance POLUSDT+0.0100%4h0.1095+0.087%$16.7M$36.6M75xas long as short
Bybit POLUSDT+0.0100%4h0.1095+0.096%$15.7M$9.6M75xas long as short
MEXC POL_USDT+0.0100%4h0.1095+0.077%$24.7M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1094+0.032%$2.9M$918K50xas long as short
Bitget POLUSDT+0.0100%4h0.1095+0.141%$4.1M$3.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1094+0.068%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1093−0.055%$604K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1094+0.005%$1.1M$2.8M10xas long as short
Extended POL-USD+0.0104%1h0.1094+0.048%$94K$235K10xas long as short
Aevo POL-PERP+0.0104%1h0.1093−0.021%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1095+0.149%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1093−0.051%$896K$146K75xas long as short