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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: OKX against ApeX Omni−0.055%60s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.724% 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)−0.106%−$11 · spread now −0.055%, 7d avg −0.037%
Together, before fees−0.306%−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.10950.0100pay 0.0013% / 1h20m 29s$194K$634K50x
ShortOKX POL-USDT-SWAP0.10940.0100get 0.0050% / 4h3h 20m$5.7M$9.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against ApeX Omni. 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% → −0.037%
−$1.83
Slippage, 4 orders
−$52.37
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$74.2
Costs to cover
0.724%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; OKX: live order book, 3 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 ApeX Omni live order book, 32 min ago13.56 bp23.0 bp −$23134.5 bp −$1,345doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.83 bp15.0 bp −$1545.3 bp −$453doesn'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−0.0512%1h0.1090−0.457%$201K$198K50xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1094−0.054%$1.2M$1.2M50xas long as short
Gate POL_USDT−0.0026%4h0.1093−0.219%$1.8M$1.4M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1094−0.069%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1095−0.021%$12K150xas long as short
dYdX POL-USD+0.0030%1h0.1094−0.118%$17K$2K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.461%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1094−0.100%$11K$526K20xas long as short
Lighter POL+0.0096%1h0.1094−0.086%$278K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1096+0.100%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1095−0.016%$363K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1094−0.055%$16.8M$41.1M75xas long as short
Bybit POLUSDT+0.0100%4h0.1094−0.073%$15.8M$11.7M75xas long as short
OKX POL-USDT-SWAPshort+0.0100%4h0.1094−0.055%$5.7M$9.9M50x
MEXC POL_USDT+0.0100%4h0.1094−0.073%$24.6M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1095−0.037%$2.9M$966K50xas long as short
Bitget POLUSDT+0.0100%4h0.1094−0.064%$4.0M$4.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1094−0.082%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1093−0.145%$605K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1095−0.018%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTlong+0.0100%1h0.1095long leg$194K$634K50x
Extended POL-USD+0.0104%1h0.1094−0.102%$96K$320K10xas long as short
Aevo POL-PERP+0.0104%1h0.1093−0.214%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1095−0.004%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1092−0.283%$901K$163K75xas long as short