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−0.0672%/8h= −73.6% APRnext payment $0.84 per $10,000 · paid last 24h −0.151%
Price spread now: Coinbase International against Aevo−0.046%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Coinbase International is 0.046% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.10990.0088pay 0.0011% / 1h58m 33s$40K3x
ShortCoinbase International POL-PERP-INTX0.1098−0.0584pay 0.0073% / 1h58m 33s$200K$180K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$141.12
Price spread: −0.046% → 0.000%
−$4.55
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$171.67
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 34 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 Aevo no order-book sample
Sell Coinbase International live order book, 34 min ago18.30 bp119.8 bp −$120doesn't fitdoesn't fitdoesn't fit
Aevo: 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-INTXshort−0.0584%1h0.1098−0.046%$200K$180K50x
Kraken Futures PF_POLUSD−0.0351%1h0.1101+0.186%$1.2M$995K50xas long as short
Gate POL_USDT−0.0208%4h0.1100+0.100%$1.8M$1.1M75xas long as short
Orderly PERP_POL_USDC−0.0121%4h0.1100+0.109%$11K$2.5M20xas long as short
OKX POL-USDT-SWAP−0.0049%4h0.1100+0.146%$5.7M$9.1M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1099+0.079%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.226%$23K$8K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1102+0.299%$9K150xas long as short
GRVT POL_USDT_Perp+0.0004%4h0.1101+0.228%$1.1M$2.8M10xas long as short
Binance POLUSDT+0.0018%4h0.1100+0.118%$16.8M$34.3M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC POL_USDT+0.0020%4h0.1100+0.127%$25.3M$3.3M125xas long as short
Extended POL-USD+0.0024%1h0.1100+0.100%$94K$521K10xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.138%$3K$124K12xas long as short
Lighter POL+0.0048%1h0.1100+0.165%$269K$502K8xas long as short
ApeX Omni POLUSDT+0.0074%1h0.1101+0.228%$156K$663K50xas long as short
BloFin POL-USDT+0.0081%4h0.1100+0.109%$897K$143K75xas long as short
Aevo POL-PERPlong+0.0088%1h0.1099long leg$40K3x
Hyperliquid POL+0.0100%1h0.1102+0.300%$7.4M$3.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1101+0.255%$370K$172K20xas long as short
Bybit POLUSDT+0.0100%4h0.1100+0.091%$15.8M$9.1M75xas long as short
KuCoin POLUSDTM+0.0100%4h0.1100+0.182%$2.9M$782K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.091%$4.0M$3.7M50xas long as short
BingX POL-USDC+0.0100%4h0.1100+0.109%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1100+0.150%$609K$167Kas long as short
GMX POL/USD [ETH-USDC]L +0.0164% / S −0.0294%1h0.1102+0.343%$3K100xas long as short