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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.048%
Price spread now: Aevo against Orderly+0.104%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aevo is 0.104% dearer against Orderly than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_POL_USDC0.1091−0.0183get 0.0092% / 4h1h 57m$10K$2.6M20x
ShortAevo POL-PERP0.10930.0080get 0.0010% / 1h57m 10s$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$55.24
Price spread: +0.104% → 0.000%
$10.35
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
$43.59
Costs to cover
0.220%
Break-even
1.5 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Aevo no order-book sample
Orderly and 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 exchanges

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−0.0624%1h0.1090−0.128%$198K$164K50xas long as short
Kraken Futures PF_POLUSD−0.0345%1h0.1093+0.115%$1.2M$930K50xas long as short
Orderly PERP_POL_USDClong−0.0183%4h0.1091long leg$10K$2.6M20x
Gate POL_USDT−0.0146%4h0.1091+0.009%$1.8M$1.0M75xas long as short
GRVT POL_USDT_Perp−0.0066%4h0.1092+0.072%$1.0M$2.8M10xas long as short
OKX POL-USDT-SWAP−0.0031%4h0.1092+0.018%$5.7M$8.3M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1091−0.018%$2Kas long as short
Bitget POLUSDT−0.0002%4h0.1092+0.092%$4.0M$3.2M50xas long as short
dYdX POL-USD0.0000%1h0.1093+0.124%$24K$9K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1093+0.103%$9K150xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC POL_USDT+0.0014%4h0.1091+0.009%$25.1M$3.1M125xas long as short
Binance POLUSDT+0.0015%4h0.1092+0.027%$16.7M$32.1M75xas long as short
Extended POL-USD+0.0016%1h0.1091−0.036%$92K$526K10xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.796%$3K$124K12xas long as short
ApeX Omni POLUSDT+0.0052%1h0.1092+0.055%$154K$666K50xas long as short
BloFin POL-USDT+0.0059%4h0.1091−0.009%$895K$136K75xas long as short
Aevo POL-PERPshort+0.0080%1h0.1093+0.104%$40K3x
Lighter POL+0.0096%1h0.1092+0.038%$267K$478K8xas long as short
Hyperliquid POL+0.0100%1h0.1093+0.156%$7.4M$3.5M5xas long as short
Aster POLUSDT+0.0100%4h0.1092+0.055%$367K$168K20xas long as short
Bybit POLUSDT+0.0100%4h0.10910.000%$15.7M$8.6M75xas long as short
KuCoin POLUSDTM+0.0100%4h0.1093+0.110%$2.9M$761K50xas long as short
BingX POL-USDC+0.0100%4h0.1092+0.037%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1091−0.019%$603K$163Kas long as short
GMX POL/USD [ETH-USDC]L +0.0164% / S −0.0294%1h0.1092+0.092%$3K100xas long as short