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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h −0.313%
Price spread now: BloFin against dYdX+0.047%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 +$10 a day on $10k at the current rate, and BloFin is 0.047% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.11180.0015pay 0.0002% / 1h3m 51s$17K$4K5x
ShortBloFin POL-USDT0.11180.0340get 0.0170% / 4h3h 03m$909K$156K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$68.32
Price spread: +0.047% → 0.000%
$4.68
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$51
Costs to cover
0.220%
Break-even
1.8 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 3 min ago. 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 dYdX no order-book sample
Sell BloFin live order book, 3 min ago0.89 bp8.8 bp −$914.0 bp −$14051.0 bp −$5,102doesn't fit
dYdX: 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−0.0240%1h0.1118+0.013%$1.2M$1.3M50xas long as short
Coinbase International POL-PERP-INTX−0.0152%1h0.1117−0.069%$204K$199K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1117−0.086%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1118−0.010%$24K150xas long as short
dYdX POL-USDlong+0.0015%1h0.1118long leg$17K$4K5x
Orderly PERP_POL_USDC+0.0028%4h0.1117−0.078%$11K$159K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.606%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1118−0.025%$289K$593K8xas long as short
Aster POLUSDT+0.0100%4h0.1117−0.050%$371K$274K20xas long as short
Binance POLUSDT+0.0100%4h0.1114−0.317%$17.1M$44.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1113−0.392%$16.0M$12.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1113−0.392%$5.7M$10.5M50xas long as short
Gate POL_USDT+0.0100%4h0.1114−0.311%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1115−0.248%$24.1M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1116−0.159%$3.0M$972K50xas long as short
Bitget POLUSDT+0.0100%4h0.1115−0.257%$4.2M$4.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1114−0.320%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.079%$618K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1123+0.446%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1123+0.467%$199K$646K50xas long as short
Extended POL-USD+0.0104%1h0.1115−0.228%$93K$445K10xas long as short
Aevo POL-PERP+0.0104%1h0.1115−0.204%$41K3xas long as short
Hyperliquid POL+0.0204%1h0.1118+0.047%$7.5M$3.9M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0506%1h0.1117−0.027%$3K100xas long as short
BloFin POL-USDTshort+0.0340%4h0.1118+0.047%$909K$156K75x