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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.367%
Price spread now: dYdX against Aevo+0.311%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
The price spread pays, funding is against you. dYdX is 0.311% dearer against Aevo than usual: you sell high and buy low (spread +0.311% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo POL-PERP0.10980.0104pay 0.0013% / 1h57m 23s$40K3x
ShortdYdX POL-USD0.11020get 0.0000% / 1h57m 23s$17K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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
−$21.84
Price spread: +0.311% → 0.000%
$31.13
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$16.71
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; dYdX: 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 Aevo no order-book sample
Sell dYdX no order-book sample
Aevo and dYdX: 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 24 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−0.0464%1h0.1099+0.058%$202K$201K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1100+0.118%$3Kas long as short
dYdX POL-USDshort0.0000%1h0.1102+0.311%$17K$1K5x
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1101+0.211%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.151%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0046%4h0.1100+0.104%$11K$303K20xas long as short
Lighter POL+0.0096%1h0.1100+0.138%$284K$564K8xas long as short
Aster POLUSDT+0.0100%4h0.1101+0.256%$366K$276K20xas long as short
Binance POLUSDT+0.0100%4h0.1100+0.168%$17.1M$42.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1100+0.113%$15.9M$11.8M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1100+0.131%$5.7M$10.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1102+0.295%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1100+0.149%$23.8M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101+0.204%$2.9M$968K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.149%$4.2M$4.7M50xas long as short
BingX POL-USDT+0.0100%4h0.1100+0.177%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1102+0.287%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102+0.350%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.422%$195K$634K50xas long as short
Extended POL-USD+0.0104%1h0.1099+0.087%$92K$446K10xas long as short
Aevo POL-PERPlong+0.0104%1h0.1098long leg$40K3x
Hyperliquid POL+0.0123%1h0.1102+0.348%$7.4M$3.7M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1101+0.203%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0260%1h0.1103+0.397%$1.2M$1.2M50xas long as short