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+0.0100%/8h= +10.9% APRpaid last 24h −0.365%
Price spread now: KuCoin against dYdX+0.107%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 +$3 a day on $10k at the current rate, and KuCoin is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.11200get 0.0000% / 1h45m 43s$17K$3K5x
ShortKuCoin POLUSDTM0.11210.0100get 0.0050% / 4h1h 45m$2.8M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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
$21
Price spread: +0.107% → 0.000%
$10.72
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$9.72
Costs to cover
0.220%
Break-even
3.8 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 1 min ago. 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 dYdX no order-book sample
Sell KuCoin live order book, 1 min ago7.15 bp26.1 bp −$26132.7 bp −$1,327doesn't fitdoesn't fit
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
Injective POL/USDC PERP−0.0162%1h0.1111−0.795%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1111−0.795%$202K$250K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1120+0.044%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0025%4h0.1119−0.071%$11K$203K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.110%$3Kas long as short
dYdX POL-USDlong0.0000%1h0.1120long leg$17K$3K5x
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1120−0.016%$22K150xas long as short
Lighter POL+0.0096%1h0.1121+0.081%$305K$564K8xas long as short
Aster POLUSDT+0.0100%4h0.1120+0.009%$372K$359K20xas long as short
Binance POLUSDT+0.0100%4h0.1121+0.103%$17.1M$51.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120+0.054%$16.1M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1121+0.080%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1119−0.071%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1121+0.080%$23.7M$3.8M125xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1121+0.107%$2.8M$1.1M50x
Bitget POLUSDT+0.0100%4h0.1121+0.107%$4.2M$5.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1120+0.018%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1119−0.089%$661K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119−0.057%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119−0.080%$198K$661K50xas long as short
Extended POL-USD+0.0104%1h0.1119−0.052%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1118−0.170%$41K3xas long as short
Hyperliquid POL+0.0189%1h0.1123+0.265%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1119−0.037%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1119−0.116%$904K$168K75xas long as short