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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.015%
Price spread now: Gate against Extended+0.032%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.032%, 7d avg −0.012%
Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.11050.0104pay 0.0013% / 1h25m 36s$96K$446K10x
ShortGate POL_USDT0.11060.0100get 0.0050% / 4h2h 25m$1.8M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
−$0.84
Price spread: +0.032% → −0.012%
$4.36
Slippage, 4 orders
−$54.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.24
Costs to cover
0.748%
Break-even
never at this rate
Slippage from Extended: live order book, 42 min ago; Gate: live order book, 2 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 Extended live order book, 42 min ago2.01 bp18.3 bp −$18216.0 bp −$2,160doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.98 bp17.6 bp −$18158.8 bp −$1,588doesn't fitdoesn't fit

POL on 24 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−0.0312%1h0.1101−0.402%$203K$204K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1107+0.109%$3Kas long as short
dYdX POL-USD0.0000%1h0.1107+0.123%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1108+0.196%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.502%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1107+0.140%$11K$326K20xas long as short
Lighter POL+0.0096%1h0.1106+0.070%$286K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1107+0.105%$368K$276K20xas long as short
Binance POLUSDT+0.0100%4h0.1106+0.040%$17.1M$44.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1105+0.005%$16.0M$12.4M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1105−0.004%$5.7M$10.5M50xas long as short
Gate POL_USDTshort+0.0100%4h0.1106+0.032%$1.8M$1.3M75x
MEXC POL_USDT+0.0100%4h0.1106+0.050%$23.9M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1106+0.077%$2.9M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1106+0.068%$4.2M$4.9M50xas long as short
BingX POL-USDT+0.0100%4h0.1106+0.014%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1107+0.128%$612K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1103−0.211%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1105−0.041%$196K$641K50xas long as short
Extended POL-USDlong+0.0104%1h0.1105long leg$96K$446K10x
Aevo POL-PERP+0.0104%1h0.1106+0.050%$41K3xas long as short
Kraken Futures PF_POLUSD+0.0116%1h0.1108+0.250%$1.2M$1.2M50xas long as short
Hyperliquid POL+0.0198%1h0.1108+0.231%$7.5M$3.8M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1107+0.185%$3K100xas long as short