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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Reya against gTrade (Gains Network)−0.050%7-day average · you buy dearer than you sell
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 against this trade now: funding costs $0 a day on $10k at the current rate, and Reya is 0.050% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1084L +0.0003% / S −0.0001%pay 0.0000% / 1h26m 39s$12K150x
ShortReya POLRUSDPERP0.1084−0.0006pay 0.0001% / 1h26m 39s$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$2.03
Price spread: −0.050% → 0.000%
−$4.98
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$23.01
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and 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-INTX−0.0480%1h0.1081−0.314%$199K$200K50xas long as short
Gate POL_USDT−0.0258%4h0.1083−0.129%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0141%1h0.1084−0.041%$1.1M$1.0M50xas long as short
Reya POLRUSDPERPshort−0.0006%1h0.1084−0.050%$2K
dYdX POL-USD0.0000%1h0.1084+0.002%$18K$4K5xas long as short
gTrade (Gains Network) POL/USDlongL +0.0003% / S −0.0001%1h0.1084long leg$12K150x
Injective POL/USDC PERP+0.0033%1h0.1111+2.453%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0038%4h0.1084−0.046%$11K$944K20xas long as short
ApeX Omni POLUSDT+0.0076%1h0.1087+0.240%$193K$629K50xas long as short
Lighter POL+0.0096%1h0.1084−0.031%$276K$542K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0096%4h0.1084−0.018%$5.5M$9.5M50xas long as short
Hyperliquid POL+0.0100%1h0.1085+0.074%$7.3M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1084−0.010%$359K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1084−0.009%$16.6M$38.3M75xas long as short
Bybit POLUSDT+0.0100%4h0.1084−0.046%$15.6M$10.5M75xas long as short
MEXC POL_USDT+0.0100%4h0.10840.000%$24.4M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1084−0.055%$2.8M$940K50xas long as short
Bitget POLUSDT+0.0100%4h0.10840.000%$4.0M$4.2M50xas long as short
BingX POL-USDT+0.0100%4h0.1084−0.018%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1084−0.075%$600K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1085+0.018%$1.1M$2.8M10xas long as short
Extended POL-USD+0.0104%1h0.1083−0.112%$91K$270K10xas long as short
Aevo POL-PERP+0.0104%1h0.1085+0.010%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1085+0.021%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1083−0.129%$888K$159K75xas long as short