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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.545%
Price spread now: dYdX against Coinbase International+0.183%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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.183% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International POL-PERP-INTX0.1118−0.0128get 0.0016% / 1h22m 57s$204K$225K50x
ShortdYdX POL-USD0.11200.0017get 0.0002% / 1h22m 57s$17K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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
$30.42
Price spread: +0.183% → 0.000%
$18.34
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$28.76
Costs to cover
0.200%
Break-even
0.4 days
Slippage unknown: Coinbase International: live order book, 55 min ago; 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 Coinbase International live order book, 55 min ago8.88 bp22.5 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
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 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-INTXlong−0.0128%1h0.1118long leg$204K$225K50x
Kraken Futures PF_POLUSD−0.0072%1h0.1121+0.243%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119+0.093%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120+0.205%$24K150xas long as short
Orderly PERP_POL_USDC+0.0009%4h0.1120+0.161%$11K$189K20xas long as short
dYdX POL-USDshort+0.0017%1h0.1120+0.183%$17K$3K5x
Injective POL/USDC PERP+0.0033%1h0.1111−0.626%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1120+0.224%$299K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1121+0.242%$372K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1120+0.202%$17.2M$50.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1119+0.125%$16.1M$15.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120+0.170%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1120+0.179%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120+0.197%$24.3M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120+0.161%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120+0.215%$4.2M$5.4M50xas long as short
BingX POL-USDT+0.0100%4h0.1120+0.170%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1119+0.132%$661K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1121+0.242%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120+0.179%$198K$652K50xas long as short
Extended POL-USD+0.0104%1h0.1120+0.185%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119+0.045%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1120+0.202%$3K100xas long as short
Hyperliquid POL+0.0268%1h0.1122+0.394%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1119+0.072%$911K$168K75xas long as short