Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.022%

Price spread now: Gate against Aevo−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo POL-PERP	0.1106	0.0104	pay 0.0013% / 1h	25m 46s	$41K	—	3x
Short	Gate POL_USDT	0.1106	0.0100	get 0.0050% / 4h	2h 25m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AevobpFee GatebpOrdersPrice spread, now −0.018%Rate

Funding earned: −$0.84
Price spread: −0.018% → 0.000%: −$1.81
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.65
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	4.98 bp	17.6 bp −$18	158.8 bp −$1,588	doesn't fit	doesn't fit

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 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0312%	1h	0.1101	−0.452%	$203K	$204K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1107	+0.059%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1106	−0.020%	$17K	$4K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1108	+0.146%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.452%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0039%	4h	0.1107	+0.090%	$11K	$326K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1107	+0.119%	$286K	$576K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1107	+0.075%	$368K	$276K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1106	+0.041%	$17.1M	$44.0M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1106	−0.009%	$16.0M	$12.4M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0100%	4h	0.1106	−0.027%	$5.7M	$10.5M	50x	as long as short
Gate POL_USDTshort	+0.0100%	4h	0.1106	−0.018%	$1.8M	$1.3M	75x
MEXC POL_USDT	+0.0100%	4h	0.1106	+0.009%	$23.9M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1107	+0.081%	$2.9M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1106	+0.045%	$4.2M	$4.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1106	+0.018%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1107	+0.078%	$612K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1103	−0.261%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1105	−0.090%	$196K	$641K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1107	+0.074%	$96K	$446K	10x	as long as short
Aevo POL-PERPlong	+0.0104%	1h	0.1106	long leg	$41K	—	3x
Kraken Futures PF_POLUSD	+0.0116%	1h	0.1108	+0.200%	$1.2M	$1.2M	50x	as long as short
Hyperliquid POL	+0.0198%	1h	0.1108	+0.181%	$7.5M	$3.8M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1107	+0.135%	$3K	—	100x	as long as short