Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against KuCoin−0.004%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin POLUSDTM	0.1091	0.0100	pay 0.0050% / 4h	2h 45m	$2.9M	$939K	50x
Short	gTrade (Gains Network) POL/USD	0.1091	L +0.0003% / S −0.0001%	get 0.0000% / 1h	45m 20s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee KuCoinbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.004%Rate

Funding earned: −$20.72
Price spread: −0.004% → 0.000%: −$0.37
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.08
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 7 min ago	7.78 bp	39.0 bp −$39	148.0 bp −$1,480	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0480%	1h	0.1089	−0.147%	$201K	$199K	50x	as long as short
Gate POL_USDT	−0.0280%	4h	0.1089	−0.156%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1090	−0.026%	$1.2M	$1.0M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1090	−0.058%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1091	−0.001%	$18K	$4K	5x	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0003% / S −0.0001%	1h	0.1091	−0.004%	$12K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.871%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0039%	4h	0.1090	−0.055%	$11K	$805K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1090	−0.041%	$277K	$541K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1092	+0.119%	$7.4M	$3.7M	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster POLUSDT	+0.0100%	4h	0.1090	−0.019%	$362K	$242K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1090	−0.078%	$16.7M	$38.5M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1089	−0.110%	$15.7M	$10.6M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1090	−0.083%	$5.6M	$9.4M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1090	−0.037%	$24.5M	$3.2M	125x	as long as short
KuCoin POLUSDTMlong	+0.0100%	4h	0.1091	long leg	$2.9M	$939K	50x
Bitget POLUSDT	+0.0100%	4h	0.1090	−0.083%	$4.0M	$4.1M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1090	−0.028%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1089	−0.123%	$603K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1091	+0.037%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1091	+0.037%	$194K	$632K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1090	−0.080%	$91K	$276K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1089	−0.193%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1091	+0.030%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1090	−0.083%	$898K	$160K	75x	as long as short