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+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.242%
Price spread now: dYdX against Kraken Futures−0.004%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_POLUSD0.1096−0.0139get 0.0017% / 1h3m 29s$1.2M$1.0M50x
ShortdYdX POL-USD0.10960get 0.0000% / 1h3m 29s$19K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
$29.19
Price spread: −0.004% → 0.000%
−$0.43
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$8.76
Costs to cover
0.200%
Break-even
4.9 days
Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago5.93 bp13.6 bp −$1474.6 bp −$746doesn'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−0.0480%1h0.1093−0.267%$201K$202K50xas long as short
Gate POL_USDT−0.0190%4h0.1095−0.094%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSDlong−0.0139%1h0.1096long leg$1.2M$1.0M50x
Reya POLRUSDPERP−0.0006%1h0.1096−0.010%$3Kas long as short
dYdX POL-USDshort0.0000%1h0.1096−0.004%$19K$4K5x
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1096+0.039%$12K150xas long as short
Orderly PERP_POL_USDC+0.0033%4h0.1096−0.012%$11K$1.0M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.375%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1095−0.041%$277K$545K8xas long as short
Hyperliquid POL+0.0100%1h0.1098+0.171%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1096+0.023%$363K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1096−0.003%$16.7M$37.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1096+0.034%$15.7M$10.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1096+0.016%$5.6M$9.6M50xas long as short
MEXC POL_USDT+0.0100%4h0.1096−0.030%$24.7M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1096+0.034%$2.9M$940K50xas long as short
Bitget POLUSDT+0.0100%4h0.1096+0.034%$4.1M$4.1M50xas long as short
BingX POL-USDT+0.0100%4h0.1096−0.021%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1096+0.003%$606K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1096+0.004%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1096+0.007%$195K$633K50xas long as short
Extended POL-USD+0.0104%1h0.1095−0.048%$91K$268K10xas long as short
Aevo POL-PERP+0.0104%1h0.1094−0.153%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1096+0.026%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1096−0.012%$888K$156K75xas long as short