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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: KuCoin against ApeX Omni+0.027%112s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.027%, 7d avg +0.015%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.10920.0100pay 0.0013% / 1h41m 42s$194K$635K50x
ShortKuCoin POLUSDTM0.10920.0100get 0.0050% / 4h1h 41m$2.9M$940K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.027% → +0.015%
$1.28
Slippage, 4 orders
−$63.81
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$84.53
Costs to cover
0.858%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 66 min ago; KuCoin: live order book, 5 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, 66 min ago9.17 bp18.8 bp −$19115.4 bp −$1,154doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago5.96 bp23.7 bp −$24140.1 bp −$1,401doesn'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
Coinbase International POL-PERP-INTX−0.0472%1h0.1088−0.366%$201K$203K50xas long as short
Kraken Futures PF_POLUSD−0.0380%1h0.1093+0.048%$1.2M$1.0M50xas long as short
Gate POL_USDT−0.0300%4h0.1091−0.064%$1.8M$1.3M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1092−0.020%$2Kas long as short
dYdX POL-USD0.0000%1h0.1093+0.129%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1093+0.059%$12K150xas long as short
Orderly PERP_POL_USDC+0.0029%4h0.1092−0.009%$11K$1.2M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.740%$3K$124K12xas long as short
OKX POL-USDT-SWAP+0.0072%4h0.1092+0.018%$5.7M$9.5M50xas long as short
Lighter POL+0.0096%1h0.1092+0.046%$277K$543K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1094+0.185%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1093+0.061%$362K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1092+0.046%$16.7M$37.7M75xas long as short
Bybit POLUSDT+0.0100%4h0.1092+0.018%$15.7M$10.1M75xas long as short
MEXC POL_USDT+0.0100%4h0.1092+0.046%$24.6M$3.3M125xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1092+0.027%$2.9M$940K50x
Bitget POLUSDT+0.0100%4h0.1092+0.046%$4.0M$4.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1093+0.055%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.233%$602K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1092−0.009%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTlong+0.0100%1h0.1092long leg$194K$635K50x
Extended POL-USD+0.0104%1h0.1092+0.020%$91K$268K10xas long as short
Aevo POL-PERP+0.0104%1h0.1091−0.136%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1093+0.047%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1093+0.110%$899K$149K75xas long as short