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

POL

all POL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.013%
Price spread now: Injective against Gate−0.224%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 7 days−1.398%−$140 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.224% cheaper against Gate than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POL_USDT0.11150.0100pay 0.0050% / 4h3h 18m$1.9M$1.4M75x
ShortInjective POL/USDC PERP0.11130.0012get 0.0002% / 1h18m 48s$3K$73K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$18.41
Price spread: −0.224% → 0.000%
−$22.41
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$55.85
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 8 min ago; Injective: live order book, 50 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 Gate live order book, 8 min ago3.58 bp22.8 bp −$23184.5 bp −$1,845doesn't fitdoesn't fit
Sell Injective live order book, 50 min ago81.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%1h0.1117+0.122%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0042%4h0.1116+0.036%$11K$215K20xas long as short
Coinbase International POL-PERP-INTX−0.0032%1h0.1114−0.134%$203K$254K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1116+0.003%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1117+0.104%$22K150xas long as short
Injective POL/USDC PERPshort+0.0012%1h0.1113−0.224%$3K$73K12x
dYdX POL-USD+0.0028%1h0.1117+0.134%$17K$3K5xas long as short
GRVT POL_USDT_Perp+0.0078%4h0.1115−0.070%$1.1M$3.5M10xas long as short
OKX POL-USDT-SWAP+0.0094%4h0.1116+0.009%$5.8M$12.4M50xas long as short
Lighter POL+0.0096%1h0.1116+0.070%$322K$559K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1116+0.019%$371K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1116+0.013%$17.1M$52.8M75xas long as short
Bybit POLUSDT+0.0100%4h0.11150.000%$16.1M$16.8M75xas long as short
Gate POL_USDTlong+0.0100%4h0.1115long leg$1.9M$1.4M75x
MEXC POL_USDT+0.0100%4h0.1116+0.018%$23.4M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1117+0.108%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1116+0.063%$4.1M$6.0M50xas long as short
BingX POL-USDT+0.0100%4h0.1116+0.018%$7.3Mas long as short
Variational Omni POL+0.0100%4h0.1116+0.063%$659K$273Kas long as short
ApeX Omni POLUSDT+0.0100%1h0.1115−0.045%$197K$659K50xas long as short
Extended POL-USD+0.0104%1h0.1116+0.008%$93K$447K10xas long as short
Aevo POL-PERP+0.0104%1h0.1115−0.015%$41K3xas long as short
Hyperliquid POL+0.0152%1h0.1118+0.215%$7.6M$4.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1117+0.104%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1116+0.009%$908K$169K75xas long as short