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 04:00 UTC+0.0118%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h +0.246%
Price spread now: dYdX against Injective−0.890%98s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. dYdX is 0.890% cheaper against Injective than usual: you would sell low and buy high (spread −0.890% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$89 on $10k: about 25 days of funding at the current rate (+$4 a day). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective POL/USDC PERP0.11110.0033pay 0.0004% / 1h17m 27s$3K$124K12x
ShortdYdX POL-USD0.11010.0152get 0.0019% / 1h17m 27s$17K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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
$24.84
Price spread: −0.890% → 0.000%
−$89.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$74.2
Costs to cover
0.100%
Break-even
27.9 days
Slippage unknown: Injective: live order book, 62 min ago; dYdX: 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 Injective live order book, 62 min ago68.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
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
Coinbase International POL-PERP-INTX−0.0520%1h0.1097−1.260%$202K$197K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1102−0.783%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1101−0.943%$24K150xas long as short
Injective POL/USDC PERPlong+0.0033%1h0.1111long leg$3K$124K12x
Orderly PERP_POL_USDC+0.0041%4h0.1100−1.008%$11K$250K20xas long as short
Gate POL_USDT+0.0092%4h0.1101−0.909%$1.8M$1.3M75xas long as short
Lighter POL+0.0096%1h0.1102−0.810%$280K$555K8xas long as short
Aster POLUSDT+0.0100%4h0.1101−0.906%$365K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1102−0.787%$17.1M$41.6M75xas long as short
Bybit POLUSDT+0.0100%4h0.1102−0.837%$15.8M$11.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1103−0.738%$5.7M$10.1M50xas long as short
MEXC POL_USDT+0.0100%4h0.1102−0.810%$24.7M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101−0.918%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1102−0.783%$4.1M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1102−0.819%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1100−0.995%$609K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1100−0.945%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1101−0.900%$195K$637K50xas long as short
Extended POL-USD+0.0104%1h0.1101−0.860%$92K$456K10xas long as short
Aevo POL-PERP+0.0104%1h0.1099−1.119%$40K3xas long as short
Hyperliquid POL+0.0134%1h0.1104−0.648%$7.5M$3.7M5xas long as short
dYdX POL-USDshort+0.0152%1h0.1101−0.890%$17K$2K5x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1101−0.938%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0314%1h0.1100−0.947%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1101−0.882%$906K$169K75xas long as short