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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against OKX+0.098%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$590.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.098%, 7d avg +0.003%
Together, before fees+0.043%+$4 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: Bitget is 0.095% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.11220.0100pay 0.0050% / 4h42m 37s$5.8M$11.9M50x
ShortBitget POLUSDT0.11230.0100get 0.0050% / 4h42m 37s$4.2M$5.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.098% → +0.003%
$9.55
Slippage, 4 orders
−$37.24
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.69
Costs to cover
0.592%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago0.44 bp16.5 bp −$1760.8 bp −$608doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago3.12 bp13.8 bp −$1423.5 bp −$235doesn'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−0.0128%1h0.1123+0.089%$205K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1124+0.148%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123+0.074%$3Kas long as short
dYdX POL-USD+0.0003%1h0.1124+0.165%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1124+0.174%$24K150xas long as short
Orderly PERP_POL_USDC+0.0005%4h0.1123+0.080%$11K$192K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.980%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1123+0.070%$300K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1124+0.169%$373K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1122+0.036%$17.3M$50.6M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1122−0.009%$16.2M$15.4M75xas long as short
OKX POL-USDT-SWAPlong+0.0100%4h0.1122long leg$5.8M$11.9M50x
Gate POL_USDT+0.0100%4h0.1123+0.116%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1122+0.036%$24.4M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1124+0.152%$2.9M$1.1M50xas long as short
Bitget POLUSDTshort+0.0100%4h0.1123+0.098%$4.2M$5.7M50x
BingX POL-USDC+0.0100%4h0.1122+0.036%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1124+0.143%$664K$189Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124+0.223%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1125+0.267%$199K$657K50xas long as short
Extended POL-USD+0.0104%1h0.1122+0.017%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1122−0.036%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0206% / S −0.0464%1h0.1124+0.151%$2K100xas long as short
Hyperliquid POL+0.0309%1h0.1124+0.205%$7.6M$4.0M5xas long as short
BloFin POL-USDT+0.0340%4h0.1124+0.214%$912K$169K75xas long as short