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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Bybit+0.027%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.173%−$17 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.027%, 7d avg +0.018%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POLUSDT0.10930.0100pay 0.0050% / 4h3h 20m$15.7M$11.7M75x
ShortOKX POL-USDT-SWAP0.10940.0100get 0.0050% / 4h3h 20m$5.7M$9.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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% → +0.018%
$0.97
Slippage, 4 orders
−$29.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.91
Costs to cover
0.509%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 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 Bybit live order book, 3 min ago1.37 bp11.8 bp −$1228.2 bp −$282doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.83 bp15.0 bp −$1545.3 bp −$453doesn'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−0.0512%1h0.1090−0.302%$201K$198K50xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1094+0.101%$1.2M$1.2M50xas long as short
Gate POL_USDT−0.0040%4h0.1092−0.082%$1.8M$1.4M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1094+0.058%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1094+0.107%$12K150xas long as short
dYdX POL-USD+0.0024%1h0.1094+0.037%$17K$2K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.619%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1094+0.055%$11K$526K20xas long as short
Lighter POL+0.0096%1h0.1094+0.070%$278K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1095+0.192%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1095+0.112%$363K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1094+0.038%$16.8M$41.1M75xas long as short
Bybit POLUSDTlong+0.0100%4h0.1093long leg$15.7M$11.7M75x
OKX POL-USDT-SWAPshort+0.0100%4h0.1094+0.027%$5.7M$9.9M50x
MEXC POL_USDT+0.0100%4h0.1094+0.055%$24.6M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1094+0.073%$2.9M$966K50xas long as short
Bitget POLUSDT+0.0100%4h0.1094+0.073%$4.0M$4.3M50xas long as short
BingX POL-USDT+0.0100%4h0.10930.000%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1093+0.010%$605K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1095+0.137%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1095+0.155%$194K$634K50xas long as short
Extended POL-USD+0.0104%1h0.1093+0.007%$96K$327K10xas long as short
Aevo POL-PERP+0.0104%1h0.1093−0.059%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1095+0.125%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1092−0.128%$901K$163K75xas long as short