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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against Lighter−0.125%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.125% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POL0.10970.0096pay 0.0012% / 1h38m 04s$274K$539K8x
ShortAevo POL-PERP0.10950.0088get 0.0011% / 1h38m 04s$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
−$1.68
Price spread: −0.125% → 0.000%
−$12.49
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$30.17
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 52 min ago; Aevo: 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 Lighter live order book, 52 min ago5.22 bp6.1 bp −$644.7 bp −$447doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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-INTX−0.0600%1h0.1094−0.248%$200K$179K50xas long as short
Kraken Futures PF_POLUSD−0.0474%1h0.10970.000%$1.2M$975K50xas long as short
Bybit POLUSDT−0.0220%4h0.1097+0.053%$15.8M$9.5M75xas long as short
Orderly PERP_POL_USDC−0.0095%4h0.1096−0.038%$11K$2.3M20xas long as short
ApeX Omni POLUSDT−0.0072%1h0.1096−0.066%$169K$654K50xas long as short
OKX POL-USDT-SWAP−0.0070%4h0.1097+0.062%$5.7M$9.3M50xas long as short
Gate POL_USDT−0.0062%4h0.1096−0.029%$1.8M$1.2M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1096−0.077%$3Kas long as short
dYdX POL-USD0.0000%1h0.1097−0.009%$19K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1098+0.081%$9K150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perp+0.0016%4h0.1097−0.003%$1.1M$2.9M10xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.302%$3K$124K12xas long as short
Binance POLUSDT+0.0038%4h0.1097+0.053%$16.7M$35.6M75xas long as short
Extended POL-USD+0.0040%1h0.1097+0.026%$91K$521K10xas long as short
MEXC POL_USDT+0.0040%4h0.1097−0.002%$25.2M$3.4M125xas long as short
Aevo POL-PERPshort+0.0088%1h0.1095−0.125%$40K3x
Lighter POLlong+0.0096%1h0.1097long leg$274K$539K8x
Hyperliquid POL+0.0100%1h0.1098+0.135%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1097+0.034%$363K$167K20xas long as short
KuCoin POLUSDTM+0.0100%4h0.1097−0.002%$2.8M$871K50xas long as short
Bitget POLUSDT+0.0100%4h0.1098+0.071%$4.0M$3.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1097+0.026%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1096−0.096%$606K$166Kas long as short
BloFin POL-USDT+0.0161%4h0.1097+0.026%$897K$146K75xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1098+0.094%$3K100xas long as short