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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.013%
Price spread now: Extended against KuCoin−0.067%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.067%, 7d avg −0.060%
Together, before fees−0.250%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLUSDTM0.11180.0100pay 0.0050% / 4h3h 49m$3.0M$1.0M50x
ShortExtended POL-USD0.11170.0104get 0.0013% / 1h49m 48s$94K$450K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.067% → −0.060%
−$0.68
Slippage, 4 orders
−$78.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$95.08
Costs to cover
0.952%
Break-even
799.4 days
Slippage from KuCoin: live order book, 7 min ago; Extended: live order book, 23 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, 7 min ago5.35 bp32.9 bp −$33170.9 bp −$1,709doesn't fitdoesn't fit
Sell Extended live order book, 23 min ago1.56 bp16.2 bp −$16165.4 bp −$1,654doesn'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−0.0240%1h0.1117−0.036%$1.2M$1.4M50xas long as short
Coinbase International POL-PERP-INTX−0.0152%1h0.1117−0.045%$205K$214K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1118+0.005%$3Kas long as short
dYdX POL-USD0.0000%1h0.1118+0.045%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1118+0.057%$24K150xas long as short
Orderly PERP_POL_USDC+0.0014%4h0.1117−0.072%$11K$179K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.582%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1118+0.009%$298K$574K8xas long as short
Aster POLUSDT+0.0100%4h0.1118+0.062%$371K$340K20xas long as short
Binance POLUSDT+0.0100%4h0.1117−0.045%$17.2M$47.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1116−0.116%$16.1M$14.1M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1117−0.063%$5.8M$11.2M50xas long as short
Gate POL_USDT+0.0100%4h0.1118+0.072%$1.9M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1117−0.036%$24.2M$3.7M125xas long as short
KuCoin POLUSDTMlong+0.0100%4h0.1118long leg$3.0M$1.0M50x
Bitget POLUSDT+0.0100%4h0.1117−0.063%$4.1M$5.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1117−0.054%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1117−0.042%$661K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.302%$1.1M$3.0M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120+0.224%$198K$644K50xas long as short
Extended POL-USDshort+0.0104%1h0.1117−0.067%$94K$450K10x
Aevo POL-PERP+0.0104%1h0.1117−0.006%$41K3xas long as short
Hyperliquid POL+0.0133%1h0.1119+0.125%$7.6M$3.9M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0216% / S −0.0750%1h0.1118+0.058%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1118+0.009%$906K$159K75xas long as short