Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.005%

Price spread now: gTrade (Gains Network) against Gate−0.031%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1108	0.0100	pay 0.0050% / 4h	2h 45m	$1.8M	$1.2M	75x
Short	gTrade (Gains Network) POL/USD	0.1107	L +0.0004% / S −0.0007%	get 0.0001% / 1h	45m 30s	$24K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.031%Rate

Funding earned: −$19.47
Price spread: −0.031% → 0.000%: −$3.07
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$47.54
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	4.97 bp	21.2 bp −$21	164.4 bp −$1,644	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0312%	1h	0.1103	−0.433%	$203K	$202K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1106	−0.139%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1108	+0.018%	$17K	$4K	5x	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0004% / S −0.0007%	1h	0.1107	−0.031%	$24K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.289%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0033%	4h	0.1107	−0.081%	$11K	$244K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1107	−0.047%	$286K	$575K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1108	+0.027%	$368K	$275K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1107	−0.113%	$17.0M	$43.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1106	−0.162%	$15.9M	$12.6M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0100%	4h	0.1106	−0.153%	$5.7M	$10.4M	50x	as long as short
Gate POL_USDTlong	+0.0100%	4h	0.1108	long leg	$1.8M	$1.2M	75x
MEXC POL_USDT	+0.0100%	4h	0.1107	−0.072%	$23.9M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1107	−0.090%	$2.9M	$986K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1107	−0.090%	$4.1M	$4.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1107	−0.045%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1107	−0.106%	$613K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1110	+0.208%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1109	+0.108%	$196K	$641K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1107	−0.102%	$92K	$447K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1106	−0.174%	$41K	—	3x	as long as short
Kraken Futures PF_POLUSD	+0.0116%	1h	0.1108	+0.051%	$1.2M	$1.3M	50x	as long as short
Hyperliquid POL	+0.0127%	1h	0.1109	+0.081%	$7.5M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1108	+0.023%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1109	+0.117%	$912K	$156K	75x	as long as short