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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: gTrade (Gains Network) against Reya+0.043%56s7-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 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.043% dearer against Reya than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POLRUSDPERP0.1095−0.0006get 0.0001% / 1h52m 39s$3K
ShortgTrade (Gains Network) POL/USD0.1095L +0.0003% / S −0.0003%get 0.0000% / 1h52m 39s$9K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$1.87
Price spread: +0.043% → 0.000%
$4.32
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$9.81
Costs to cover
0.160%
Break-even
43.7 days
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Reya and gTrade (Gains Network): 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
Bybit POLUSDT−0.0686%4h0.1095+0.075%$15.8M$9.6M75xas long as short
Coinbase International POL-PERP-INTX−0.0600%1h0.1092−0.235%$200K$182K50xas long as short
Kraken Futures PF_POLUSD−0.0474%1h0.1095+0.053%$1.2M$1.0M50xas long as short
GRVT POL_USDT_Perp−0.0364%4h0.1093−0.126%$1.1M$2.9M10xas long as short
ApeX Omni POLUSDT−0.0328%1h0.1093−0.144%$189K$644K50xas long as short
Gate POL_USDT−0.0182%4h0.1095+0.002%$1.8M$1.2M75xas long as short
OKX POL-USDT-SWAP−0.0079%4h0.1096+0.121%$5.7M$9.4M50xas long as short
Orderly PERP_POL_USDC−0.0076%4h0.1094−0.016%$11K$2.1M20xas long as short
Reya POLRUSDPERPlong−0.0006%1h0.1095long leg$3K
dYdX POL-USD0.0000%1h0.1096+0.174%$19K$3K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) POL/USDshortL +0.0003% / S −0.0003%1h0.1095+0.043%$9K150x
Injective POL/USDC PERP+0.0033%1h0.1111+1.500%$3K$124K12xas long as short
Binance POLUSDT+0.0052%4h0.1095+0.066%$16.7M$36.3M75xas long as short
MEXC POL_USDT+0.0052%4h0.1096+0.093%$25.2M$3.4M125xas long as short
Extended POL-USD+0.0056%1h0.1095+0.057%$92K$520K10xas long as short
Lighter POL+0.0096%1h0.1095+0.066%$274K$537K8xas long as short
Aevo POL-PERP+0.0096%1h0.1094−0.098%$40K3xas long as short
Hyperliquid POL+0.0100%1h0.1097+0.230%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1096+0.166%$363K$167K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1096+0.112%$2.9M$877K50xas long as short
Bitget POLUSDT+0.0100%4h0.1096+0.103%$4.0M$3.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1095+0.066%$7.1Mas long as short
Variational Omni POL+0.0100%4h0.1094−0.069%$605K$166Kas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1096+0.092%$3K100xas long as short
BloFin POL-USDT+0.0216%4h0.1094−0.016%$897K$146K75xas long as short