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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against gTrade (Gains Network)+0.003%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 airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1122L +0.0004% / S −0.0006%pay 0.0001% / 1h31m 54s$22K150x
ShortLighter POL0.11220.0096get 0.0012% / 1h31m 54s$324K$558K8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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
$19.31
Price spread: +0.003% → 0.000%
$0.27
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$9.58
Costs to cover
0.100%
Break-even
3.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 13 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 gTrade (Gains Network) no order-book sample
Sell Lighter live order book, 13 min ago5.56 bp10.2 bp −$1068.5 bp −$685doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0063%1h0.1122+0.024%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0041%4h0.1121−0.059%$11K$216K20xas long as short
Coinbase International POL-PERP-INTX−0.0032%1h0.1116−0.505%$203K$255K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1121−0.097%$3Kas long as short
gTrade (Gains Network) POL/USDlongL +0.0004% / S −0.0006%1h0.1122long leg$22K150x
Injective POL/USDC PERP+0.0012%1h0.1113−0.772%$3K$73K12xas long as short
dYdX POL-USD+0.0019%1h0.1122+0.073%$17K$3K5xas long as short
OKX POL-USDT-SWAP+0.0088%4h0.1121−0.059%$5.8M$12.5M50xas long as short
Lighter POLshort+0.0096%1h0.1122+0.003%$324K$558K8x
Aster POLUSDT+0.0100%4h0.1121−0.029%$373K$384K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0100%4h0.1121−0.041%$17.1M$52.8M75xas long as short
Bybit POLUSDT+0.0100%4h0.1121−0.068%$16.2M$16.8M75xas long as short
Gate POL_USDT+0.0100%4h0.1122+0.004%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1121−0.041%$23.5M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1121−0.050%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1122−0.005%$4.2M$6.0M50xas long as short
BingX POL-USDT+0.0100%4h0.1121−0.041%$7.3Mas long as short
Variational Omni POL+0.0100%4h0.1119−0.204%$661K$273Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119−0.209%$1.1M$3.5M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119−0.237%$198K$657K50xas long as short
Extended POL-USD+0.0104%1h0.1121−0.057%$93K$447K10xas long as short
Aevo POL-PERP+0.0104%1h0.1122+0.037%$41K3xas long as short
Hyperliquid POL+0.0138%1h0.1123+0.128%$7.6M$4.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1121−0.026%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1121−0.014%$915K$183K75xas long as short