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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.054%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$980.984% 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 7 days−0.068%−$7 · spread now +0.054%, 7d avg +0.027%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.028% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POLUSDT0.11030.0100pay 0.0050% / 4h1h 07m$4.2M$4.6M50x
ShortKuCoin POLUSDTM0.11040.0100get 0.0050% / 4h1h 07m$2.9M$973K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.054% → +0.027%
$2.77
Slippage, 4 orders
−$74.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$95.62
Costs to cover
0.984%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 9 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 Bitget live order book, 5 min ago2.26 bp17.1 bp −$1732.0 bp −$320doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago6.33 bp26.0 bp −$26124.7 bp −$1,247doesn'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−0.0464%1h0.11030.000%$203K$199K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1102−0.077%$3Kas long as short
dYdX POL-USD0.0000%1h0.1104+0.100%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104+0.046%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.725%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0042%4h0.1103−0.009%$11K$270K20xas long as short
Lighter POL+0.0096%1h0.1103+0.028%$284K$565K8xas long as short
Aster POLUSDT+0.0100%4h0.1103+0.012%$367K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.1102−0.093%$17.1M$42.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.145%$15.9M$11.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1101−0.145%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1103−0.027%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102−0.063%$24.4M$3.6M125xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1104+0.054%$2.9M$973K50x
Bitget POLUSDTlong+0.0100%4h0.1103long leg$4.2M$4.6M50x
BingX POL-USDT+0.0100%4h0.1102−0.091%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1104+0.080%$611K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1106+0.304%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1105+0.181%$196K$634K50xas long as short
Extended POL-USD+0.0104%1h0.1102−0.087%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1101−0.179%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1103+0.016%$3K100xas long as short
Hyperliquid POL+0.0224%1h0.1105+0.154%$7.4M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0260%1h0.1104+0.096%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1104+0.109%$913K$167K75xas long as short