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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0082%/8h= +8.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Binance+0.009%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 7 days−0.021%−$2 · spread now +0.009%, 7d avg −0.009%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLUSDT0.11010.0018pay 0.0009% / 4h3h 03m$16.8M$34.9M75x
ShortBingX POL-USDC0.11010.0100get 0.0050% / 4h3h 03m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$17.13
Price spread: +0.009% → −0.009%
$1.79
Slippage, 4 orders
−$32.74
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$33.82
Costs to cover
0.527%
Break-even
20.8 days
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 4 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 Binance live order book, 8 min ago0.91 bp10.6 bp −$1127.5 bp −$275212.7 bp −$21.3Kdoesn't fit
Sell BingX live order book, 4 min ago4.54 bp17.8 bp −$1854.6 bp −$546791.6 bp −$79.2K1200.1 bp −$600.1K

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−0.0600%1h0.1100−0.118%$200K$181K50xas long as short
Kraken Futures PF_POLUSD−0.0471%1h0.1103+0.163%$1.2M$1.0M50xas long as short
Gate POL_USDT−0.0176%4h0.1101−0.009%$1.8M$1.2M75xas long as short
Orderly PERP_POL_USDC−0.0116%4h0.1102+0.027%$11K$2.5M20xas long as short
OKX POL-USDT-SWAP−0.0049%4h0.1102+0.064%$5.7M$9.1M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.023%$3Kas long as short
GRVT POL_USDT_Perp0.0000%4h0.1101+0.009%$1.1M$2.8M10xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1102+0.102%$9K150xas long as short
Extended POL-USD+0.0016%1h0.1101−0.017%$94K$526K10xas long as short
MEXC POL_USDT+0.0016%4h0.1101+0.009%$25.3M$3.4M125xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDTlong+0.0018%4h0.1101long leg$16.8M$34.9M75x
Injective POL/USDC PERP+0.0033%1h0.1111+0.881%$3K$124K12xas long as short
BloFin POL-USDT+0.0058%4h0.1101−0.018%$900K$143K75xas long as short
ApeX Omni POLUSDT+0.0071%1h0.1102+0.064%$156K$662K50xas long as short
Aevo POL-PERP+0.0080%1h0.1100−0.101%$40K3xas long as short
Lighter POL+0.0096%1h0.1102+0.051%$270K$549K8xas long as short
Hyperliquid POL+0.0100%1h0.1103+0.173%$7.4M$3.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1103+0.111%$370K$172K20xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.036%$15.8M$9.2M75xas long as short
KuCoin POLUSDTM+0.0100%4h0.1102+0.100%$2.9M$783K50xas long as short
Bitget POLUSDT+0.0100%4h0.1101−0.027%$4.0M$3.6M50xas long as short
BingX POL-USDCshort+0.0100%4h0.1101+0.009%$1.6M
Variational Omni POL+0.0100%4h0.1101−0.035%$609K$167Kas long as short
dYdX POL-USD+0.0111%1h0.1102+0.065%$23K$8K5xas long as short
GMX POL/USD [ETH-USDC]L +0.0164% / S −0.0294%1h0.1102+0.094%$3K100xas long as short