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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0208%/8h= −22.8% APRnext payment $0.26 per $10,000 · paid last 24h −0.064%
Price spread now: Reya against GMX−0.101%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1082L +0.0202% / S −0.0373%pay 0.0025% / 1h5m 21s$3K100x
ShortReya POLRUSDPERP0.1081−0.0006pay 0.0001% / 1h5m 21s$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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
−$43.73
Price spread: −0.101% → 0.000%
−$10.13
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$71.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample
Sell Reya no order-book sample
GMX and Reya: 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 exchanges

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−0.0624%1h0.1076−0.537%$195K$164K50xas long as short
Kraken Futures PF_POLUSD−0.0348%1h0.1083+0.066%$1.1M$959K50xas long as short
Orderly PERP_POL_USDC−0.0199%4h0.1082−0.010%$10K$2.6M20xas long as short
Gate POL_USDT−0.0134%4h0.1080−0.140%$1.8M$1.0M75xas long as short
GRVT POL_USDT_Perp−0.0094%4h0.1081−0.084%$1.0M$2.7M10xas long as short
Bitget POLUSDT−0.0026%4h0.1082−0.019%$4.0M$3.2M50xas long as short
Bybit POLUSDT−0.0022%4h0.1082−0.019%$15.4M$8.7M75xas long as short
OKX POL-USDT-SWAP−0.0016%4h0.1082−0.001%$5.6M$8.1M50xas long as short
Reya POLRUSDPERPshort−0.0006%1h0.1081−0.101%$2K
dYdX POL-USD0.0000%1h0.1082−0.005%$24K$9K5xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1082−0.014%$8K150xas long as short
MEXC POL_USDT+0.0006%4h0.1081−0.112%$24.9M$3.2M125xas long as short
Extended POL-USD+0.0008%1h0.1081−0.042%$90K$526K10xas long as short
Binance POLUSDT+0.0011%4h0.1082−0.007%$16.5M$31.3M75xas long as short
Aster POLUSDT+0.0015%4h0.1083+0.115%$364K$164K20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.698%$3K$124K12xas long as short
Aevo POL-PERP+0.0080%1h0.1080−0.121%$40K3xas long as short
Lighter POL+0.0096%1h0.1082+0.064%$259K$517K8xas long as short
Hyperliquid POL+0.0100%1h0.1083+0.073%$7.3M$3.5M5xas long as short
KuCoin POLUSDTM+0.0100%4h0.1081−0.038%$3.1M$786K50xas long as short
BingX POL-USDT+0.0100%4h0.1081−0.066%$7.0Mas long as short
Variational Omni POL+0.0100%4h0.1081−0.115%$599K$162Kas long as short
ApeX Omni POLUSDT+0.0100%1h0.1082+0.018%$153K$662K50xas long as short
BloFin POL-USDT+0.0121%4h0.1081−0.075%$889K$131K75xas long as short
GMX POL/USD [ETH-USDC]longL +0.0202% / S −0.0373%1h0.1082long leg$3K100x