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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against Lighter+0.113%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.113% dearer against Lighter than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POL0.10930.0096pay 0.0012% / 1h32m 17s$273K$539K8x
ShortAevo POL-PERP0.10940.0088get 0.0011% / 1h32m 17s$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
−$1.68
Price spread: +0.113% → 0.000%
$11.25
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$6.43
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 58 min ago; Aevo: 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 Lighter live order book, 58 min ago5.22 bp6.1 bp −$644.7 bp −$447doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0600%1h0.1091−0.179%$199K$179K50xas long as short
Kraken Futures PF_POLUSD−0.0475%1h0.1093+0.024%$1.2M$975K50xas long as short
Bybit POLUSDT−0.0437%4h0.1092−0.079%$15.7M$9.4M75xas long as short
Gate POL_USDT−0.0276%4h0.1095+0.187%$1.8M$1.2M75xas long as short
Orderly PERP_POL_USDC−0.0104%4h0.1093−0.033%$11K$2.3M20xas long as short
OKX POL-USDT-SWAP−0.0094%4h0.1092−0.042%$5.7M$9.2M50xas long as short
ApeX Omni POLUSDT−0.0092%1h0.1097+0.370%$155K$661K50xas long as short
GRVT POL_USDT_Perp−0.0034%4h0.1095+0.215%$1.0M$2.9M10xas long as short
Reya POLRUSDPERP−0.0006%1h0.1092−0.084%$2Kas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1094+0.088%$9K150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0024%4h0.1092−0.070%$16.6M$35.6M75xas long as short
Extended POL-USD+0.0024%1h0.1092−0.067%$91K$521K10xas long as short
MEXC POL_USDT+0.0028%4h0.1092−0.070%$25.1M$3.4M125xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.651%$3K$124K12xas long as short
Aevo POL-PERPshort+0.0088%1h0.1094+0.113%$40K3x
Lighter POLlong+0.0096%1h0.1093long leg$273K$539K8x
Hyperliquid POL+0.0100%1h0.1094+0.123%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1095+0.145%$363K$167K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1094+0.049%$2.8M$865K50xas long as short
Bitget POLUSDT+0.0100%4h0.1093−0.033%$4.0M$3.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1094+0.059%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1096+0.257%$606K$167Kas long as short
BloFin POL-USDT+0.0116%4h0.1095+0.214%$898K$145K75xas long as short
dYdX POL-USD+0.0150%1h0.1095+0.167%$19K$4K5xas long as short
GMX POL/USD [ETH-USDC]L +0.0164% / S −0.0294%1h0.1094+0.049%$3K100xas long as short