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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.169%
Price spread now: Aevo against Coinbase International+0.269%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aevo is 0.269% dearer against Coinbase International than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International POL-PERP-INTX0.1116−0.0152get 0.0019% / 1h34m 24s$204K$199K50x
ShortAevo POL-PERP0.11190.0104get 0.0013% / 1h34m 24s$41K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$53.76
Price spread: +0.269% → 0.000%
$26.88
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$54.64
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 38 min ago; Aevo: no order-book sample. 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 Coinbase International live order book, 39 min ago8.92 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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
Kraken Futures PF_POLUSD−0.0239%1h0.1121+0.456%$1.2M$1.3M50xas long as short
Coinbase International POL-PERP-INTXlong−0.0152%1h0.1116long leg$204K$199K50x
Reya POLRUSDPERP−0.0006%1h0.1119+0.267%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120+0.369%$24K150xas long as short
Orderly PERP_POL_USDC+0.0017%4h0.1120+0.385%$11K$172K20xas long as short
dYdX POL-USD+0.0032%1h0.1120+0.388%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.448%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1121+0.416%$294K$580K8xas long as short
Aster POLUSDT+0.0100%4h0.1121+0.430%$372K$303K20xas long as short
Binance POLUSDT+0.0100%4h0.1120+0.326%$17.2M$45.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1119+0.269%$16.1M$13.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1119+0.278%$5.8M$10.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1119+0.314%$1.9M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120+0.376%$24.3M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120+0.332%$3.0M$998K50xas long as short
Bitget POLUSDT+0.0100%4h0.1120+0.323%$4.2M$4.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1120+0.367%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1119+0.262%$620K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119+0.287%$1.1M$3.0M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120+0.358%$198K$644K50xas long as short
Extended POL-USD+0.0104%1h0.1120+0.376%$93K$511K10xas long as short
Aevo POL-PERPshort+0.0104%1h0.1119+0.269%$41K3x
Hyperliquid POL+0.0133%1h0.1121+0.484%$7.6M$3.9M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1121+0.405%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1120+0.323%$909K$159K75xas long as short