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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.239%
Price spread now: dYdX against Reya−0.026%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. dYdX is 0.026% cheaper against Reya than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POLRUSDPERP0.1093−0.0006get 0.0001% / 1h45m 00s$2K
ShortdYdX POL-USD0.10920.0093get 0.0012% / 1h45m 00s$17K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$20.87
Price spread: −0.026% → 0.000%
−$2.6
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
$2.27
Costs to cover
0.160%
Break-even
6.2 days
Slippage unknown: Reya: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
Reya and dYdX: 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−0.0520%1h0.1091−0.163%$201K$195K50xas long as short
Reya POLRUSDPERPlong−0.0006%1h0.1093long leg$2K
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1093+0.054%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.667%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1092−0.026%$11K$263K20xas long as short
dYdX POL-USDshort+0.0093%1h0.1092−0.026%$17K$2K5x
Lighter POL+0.0096%1h0.1093+0.014%$278K$554K8xas long as short
Aster POLUSDT+0.0100%4h0.1092−0.099%$363K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1093−0.001%$16.9M$42.1M75xas long as short
Bybit POLUSDT+0.0100%4h0.1092−0.044%$15.7M$11.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1093−0.008%$5.6M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1091−0.127%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1093+0.020%$24.3M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1093+0.020%$2.9M$976K50xas long as short
Bitget POLUSDT+0.0100%4h0.1093+0.020%$4.1M$4.7M50xas long as short
BingX POL-USDC+0.0100%4h0.1093+0.011%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1092−0.099%$604K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1095+0.221%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1095+0.203%$194K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1093−0.014%$94K$453K10xas long as short
Aevo POL-PERP+0.0104%1h0.1090−0.218%$40K3xas long as short
Hyperliquid POL+0.0175%1h0.1095+0.158%$7.4M$3.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1093+0.061%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0316%1h0.1093+0.037%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1093−0.008%$907K$167K75xas long as short