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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin0.000%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.036%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLUSDTM0.11020.0100pay 0.0050% / 4h2h 19m$2.9M$999K50x
ShortBingX POL-USDT0.11020.0100get 0.0050% / 4h2h 19m$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$0
Price spread: 0.000% → −0.036%
$3.56
Slippage, 4 orders
−$65.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$83.76
Costs to cover
0.873%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago4.99 bp36.1 bp −$36145.2 bp −$1,452doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago2.27 bp14.1 bp −$1426.7 bp −$26778.4 bp −$7,844434.5 bp −$217.3K

POL on 24 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−0.0312%1h0.1101−0.054%$203K$204K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.069%$3Kas long as short
dYdX POL-USD0.0000%1h0.1103+0.104%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.014%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.853%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0040%4h0.1101−0.064%$11K$323K20xas long as short
Lighter POL+0.0096%1h0.1102+0.054%$285K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1103+0.134%$367K$276K20xas long as short
Binance POLUSDT+0.0100%4h0.1102+0.036%$17.1M$43.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.018%$15.9M$12.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1102+0.045%$5.7M$10.4M50xas long as short
Gate POL_USDT+0.0100%4h0.1101−0.018%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102+0.064%$23.8M$3.6M125xas long as short
KuCoin POLUSDTMlong+0.0100%4h0.1102long leg$2.9M$999K50x
Bitget POLUSDT+0.0100%4h0.1102+0.045%$4.2M$4.9M50xas long as short
BingX POL-USDTshort+0.0100%4h0.11020.000%$7.2M
Variational Omni POL+0.0100%4h0.1102+0.027%$610K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1104+0.213%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.127%$195K$637K50xas long as short
Extended POL-USD+0.0104%1h0.1102+0.045%$95K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1100−0.161%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1102+0.025%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1101−0.021%$3K100xas long as short
Hyperliquid POL+0.0228%1h0.1104+0.218%$7.4M$3.8M5xas long as short