Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Bitget+0.038%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against Bitget than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget POLUSDT	0.1092	0.0100	pay 0.0050% / 4h	2h 52m	$4.0M	$4.1M	50x
Short	gTrade (Gains Network) POL/USD	0.1093	L +0.0003% / S −0.0001%	get 0.0000% / 1h	52m 45s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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 BitgetbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.038%Rate

Funding earned: −$20.72
Price spread: +0.038% → 0.000%: $3.84
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$38.87
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	2.29 bp	10.0 bp −$10	13.4 bp −$134	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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	−0.0480%	1h	0.1091	−0.137%	$201K	$199K	50x	as long as short
Gate POL_USDT	−0.0262%	4h	0.1091	−0.128%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0139%	1h	0.1093	+0.056%	$1.2M	$1.1M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1092	−0.021%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1094	+0.120%	$19K	$4K	5x	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0003% / S −0.0001%	1h	0.1093	+0.038%	$12K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.693%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0037%	4h	0.1092	−0.018%	$11K	$718K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1093	+0.087%	$278K	$541K	8x	as long as short
OKX POL-USDT-SWAP	+0.0096%	4h	0.1093	+0.018%	$5.7M	$9.5M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid POL	+0.0100%	1h	0.1094	+0.156%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1094	+0.133%	$363K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1094	+0.097%	$16.7M	$38.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1093	+0.027%	$15.7M	$10.7M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1093	+0.037%	$24.6M	$3.2M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1093	+0.064%	$2.9M	$943K	50x	as long as short
Bitget POLUSDTlong	+0.0100%	4h	0.1092	long leg	$4.0M	$4.1M	50x
BingX POL-USDT	+0.0100%	4h	0.1093	+0.009%	—	$7.1M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1095	+0.252%	$607K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1097	+0.447%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1095	+0.229%	$194K	$633K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1093	+0.001%	$96K	$271K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1091	−0.137%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1093	+0.047%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1093	+0.009%	$897K	$164K	75x	as long as short