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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Gate against ApeX Omni−0.071%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.071%, 7d avg −0.055%
Together, before fees−0.088%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.11270.0100pay 0.0013% / 1h18m 50s$199K$657K50x
ShortGate POL_USDT0.11260.0100get 0.0050% / 4h1h 18m$1.9M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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
$0
Price spread: −0.071% → −0.055%
−$1.61
Slippage, 4 orders
−$57.01
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$83.62
Costs to cover
0.820%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 64 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 64 min ago8.93 bp21.6 bp −$22127.5 bp −$1,275doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.44 bp20.2 bp −$20199.6 bp −$1,996doesn't fitdoesn't fit

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
Injective POL/USDC PERP−0.0162%1h0.1111−1.420%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1126−0.089%$206K$237K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1126−0.070%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0016%4h0.1126−0.124%$11K$199K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1126−0.084%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1127+0.001%$24K150xas long as short
dYdX POL-USD+0.0004%1h0.1126−0.075%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1126−0.072%$306K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1127−0.043%$376K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1126−0.115%$17.4M$51.6M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1125−0.142%$16.2M$15.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1125−0.133%$5.8M$12.1M50xas long as short
Gate POL_USDTshort+0.0100%4h0.1126−0.071%$1.9M$1.3M75x
MEXC POL_USDT+0.0100%4h0.1126−0.115%$23.8M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1127−0.035%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1126−0.080%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1126−0.115%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1126−0.132%$665K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1126−0.115%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDTlong+0.0100%1h0.1127long leg$199K$657K50x
Extended POL-USD+0.0104%1h0.1126−0.126%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1124−0.222%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127−0.014%$3K100xas long as short
Hyperliquid POL+0.0213%1h0.1128+0.106%$7.6M$4.6M5xas long as short
BloFin POL-USDT+0.0340%4h0.1127−0.009%$917K$170K75xas long as short