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+0.0394%/8h= +43.2% APRnext payment +$0.49 per $10,000 · paid last 24h +0.167%
Price spread now: GMX against Reya+0.113%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 +$12 a day on $10k at the current rate, and GMX is 0.113% dearer against Reya than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POLRUSDPERP0.1089−0.0006get 0.0001% / 1h35m 11s$2K
ShortGMX POL/USD [ETH-USDC]0.1090L +0.0210% / S −0.0388%get 0.0049% / 1h35m 11s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$82.83
Price spread: +0.113% → 0.000%
$11.26
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
$76.09
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: Reya: no order-book sample; GMX: 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 GMX no order-book sample
Reya and GMX: 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%1h0.1088−0.101%$201K$203K50xas long as short
Kraken Futures PF_POLUSD−0.0380%1h0.1090+0.087%$1.1M$1.0M50xas long as short
Gate POL_USDT−0.0320%4h0.1089−0.010%$1.8M$1.3M75xas long as short
Reya POLRUSDPERPlong−0.0006%1h0.1089long leg$2K
dYdX POL-USD0.0000%1h0.1090+0.091%$18K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1090+0.111%$12K150xas long as short
Orderly PERP_POL_USDC+0.0029%4h0.1089+0.009%$11K$1.3M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.011%$3K$124K12xas long as short
OKX POL-USDT-SWAP+0.0057%4h0.1089+0.018%$5.6M$9.4M50xas long as short
Lighter POL+0.0096%1h0.1090+0.054%$276K$543K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1091+0.202%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1090+0.083%$361K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1089+0.027%$16.6M$37.5M75xas long as short
Bybit POLUSDT+0.0100%4h0.1089−0.010%$15.7M$10.0M75xas long as short
MEXC POL_USDT+0.0100%4h0.1090+0.036%$24.5M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1090+0.101%$2.9M$939K50xas long as short
Bitget POLUSDT+0.0100%4h0.1090+0.082%$4.0M$4.1M50xas long as short
BingX POL-USDT+0.0100%4h0.1089+0.027%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.004%$602K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1090+0.119%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1091+0.174%$194K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1089−0.001%$93K$246K10xas long as short
Aevo POL-PERP+0.0104%1h0.1088−0.088%$40K3xas long as short
GMX POL/USD [ETH-USDC]shortL +0.0210% / S −0.0388%1h0.1090+0.113%$3K100x
BloFin POL-USDT+0.0340%4h0.1090+0.055%$895K$149K75xas long as short