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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.013%
Price spread now: Gate against Injective+0.864%99s7-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 7 days+1.394%+$139 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.864% dearer against Injective than usual: you sell high and buy low: +$86 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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% / 1h21m 31s$3K$124K12x
ShortGate POL_USDT0.11210.0100get 0.0050% / 4h2h 21m$1.9M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$14
Price spread: +0.864% → 0.000%
$86.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$85.39
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Injective: live order book, 23 min ago; Gate: live order book, 1 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 Injective live order book, 23 min ago67.72 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.91 bp19.9 bp −$20183.2 bp −$1,832doesn'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
Coinbase International POL-PERP-INTX−0.0080%1h0.11110.000%$202K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1122+0.951%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0029%4h0.1120+0.855%$11K$207K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1121+0.886%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1121+0.932%$22K150xas long as short
Injective POL/USDC PERPlong+0.0033%1h0.1111long leg$3K$124K12x
dYdX POL-USD+0.0049%1h0.1121+0.896%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1122+0.954%$311K$562K8xas long as short
Hyperliquid POL+0.0100%1h0.1123+1.116%$7.6M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1122+0.963%$373K$383K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0100%4h0.1121+0.930%$17.1M$51.8M75xas long as short
Bybit POLUSDT+0.0100%4h0.1121+0.873%$16.1M$16.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1121+0.927%$5.8M$12.2M50xas long as short
Gate POL_USDTshort+0.0100%4h0.1121+0.864%$1.9M$1.4M75x
MEXC POL_USDT+0.0100%4h0.1121+0.918%$23.6M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1121+0.936%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1121+0.936%$4.2M$6.0M50xas long as short
BingX POL-USDT+0.0100%4h0.1121+0.918%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1119+0.721%$661K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1120+0.828%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120+0.810%$198K$663K50xas long as short
Extended POL-USD+0.0104%1h0.1121+0.942%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119+0.765%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1121+0.942%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1120+0.855%$905K$169K75xas long as short