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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0474%/8h= +51.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.120%
Price spread now: Reya against Coinbase International+0.112%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Reya is 0.112% dearer against Coinbase International than usual: you sell high and buy low: +$11 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-INTX0.1091−0.0480get 0.0060% / 1h49m 03s$201K$199K50x
ShortReya POLRUSDPERP0.1092−0.0006pay 0.0001% / 1h49m 03s$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$99.5
Price spread: +0.112% → 0.000%
$11.21
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$94.71
Costs to cover
0.160%
Break-even
0.3 days
Slippage unknown: Coinbase International: live order book, 64 min ago; Reya: 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, 64 min ago13.56 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Coinbase International POL-PERP-INTXlong−0.0480%1h0.1091long leg$201K$199K50x
Gate POL_USDT−0.0246%4h0.1091+0.018%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0139%1h0.1093+0.145%$1.2M$1.0M50xas long as short
Reya POLRUSDPERPshort−0.0006%1h0.1092+0.112%$2K
dYdX POL-USD0.0000%1h0.1093+0.164%$19K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1093+0.175%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.833%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0037%4h0.1092+0.119%$11K$752K20xas long as short
Lighter POL+0.0096%1h0.1093+0.144%$278K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1094+0.239%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1093+0.183%$363K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1092+0.125%$16.7M$38.7M75xas long as short
Bybit POLUSDT+0.0100%4h0.1091+0.046%$15.7M$10.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1092+0.119%$5.7M$9.5M50xas long as short
MEXC POL_USDT+0.0100%4h0.1092+0.110%$24.6M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1092+0.128%$2.9M$941K50xas long as short
Bitget POLUSDT+0.0100%4h0.1092+0.082%$4.0M$4.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1092+0.110%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1091−0.004%$604K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1092+0.101%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1093+0.183%$194K$633K50xas long as short
Extended POL-USD+0.0104%1h0.1092+0.099%$92K$276K10xas long as short
Aevo POL-PERP+0.0104%1h0.1091+0.026%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1093+0.193%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1092+0.119%$897K$161K75xas long as short