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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against OKX+0.055%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.055%, 7d avg +0.036%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.10950.0100pay 0.0050% / 4h2h 01m$5.6M$9.6M50x
ShortApeX Omni POLUSDT0.10960.0100get 0.0013% / 1h1m 14s$195K$633K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.055% → +0.036%
$1.9
Slippage, 4 orders
−$44.72
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$62.81
Costs to cover
0.647%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 47 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 OKX live order book, 2 min ago0.91 bp11.5 bp −$1248.6 bp −$486doesn't fitdoesn't fit
Sell ApeX Omni live order book, 47 min ago9.17 bp18.3 bp −$18128.7 bp −$1,287doesn'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
Coinbase International POL-PERP-INTX−0.0480%1h0.1093−0.219%$201K$202K50xas long as short
Gate POL_USDT−0.0196%4h0.1095−0.046%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0139%1h0.1096+0.052%$1.2M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1095−0.033%$3Kas long as short
dYdX POL-USD0.0000%1h0.1096+0.044%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1096+0.051%$12K150xas long as short
Orderly PERP_POL_USDC+0.0032%4h0.1095−0.018%$11K$1.1M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.424%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1096+0.021%$277K$545K8xas long as short
Hyperliquid POL+0.0100%1h0.1097+0.146%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1096+0.038%$363K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1095−0.015%$16.7M$37.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.10950.000%$15.7M$10.3M75xas long as short
OKX POL-USDT-SWAPlong+0.0100%4h0.1095long leg$5.6M$9.6M50x
MEXC POL_USDT+0.0100%4h0.1095+0.009%$24.7M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1096+0.027%$2.9M$938K50xas long as short
Bitget POLUSDT+0.0100%4h0.1096+0.046%$4.1M$4.1M50xas long as short
BingX POL-USDT+0.0100%4h0.10950.000%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1096+0.051%$606K$167Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1096+0.033%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTshort+0.0100%1h0.1096+0.055%$195K$633K50x
Extended POL-USD+0.0104%1h0.1095−0.047%$91K$268K10xas long as short
Aevo POL-PERP+0.0104%1h0.1094−0.108%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1096+0.047%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1095−0.027%$895K$155K75xas long as short