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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.024%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.024%, 7d avg −0.043%
Together, before fees−0.230%+ Points / potential airdropLighter: Season 3 · farm board−$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POL0.11040.0096pay 0.0012% / 1h36m 02s$285K$564K8x
ShortBitget POLUSDT0.11040.0100get 0.0050% / 4h1h 36m$4.2M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0.84
Price spread: −0.024% → −0.043%
$1.86
Slippage, 4 orders
−$44.39
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$53.69
Costs to cover
0.564%
Break-even
454.4 days
Slippage from Lighter: live order book, 19 min ago; Bitget: 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 Lighter live order book, 19 min ago7.85 bp10.4 bp −$1051.6 bp −$516doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.72 bp16.1 bp −$1629.6 bp −$296doesn't fitdoesn't fit

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−0.0464%1h0.1098−0.550%$202K$201K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1102−0.153%$3Kas long as short
dYdX POL-USD0.0000%1h0.1103−0.134%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104−0.024%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.628%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1103−0.079%$11K$298K20xas long as short
Lighter POLlong+0.0096%1h0.1104long leg$285K$564K8x
Aster POLUSDT+0.0100%4h0.1103−0.058%$367K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.1104−0.006%$17.1M$42.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1103−0.079%$15.9M$11.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1104−0.006%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1102−0.151%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1104−0.015%$23.8M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1103−0.070%$2.9M$975K50xas long as short
Bitget POLUSDTshort+0.0100%4h0.1104−0.024%$4.2M$4.7M50x
BingX POL-USDT+0.0100%4h0.1104−0.034%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1103−0.130%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102−0.215%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1102−0.187%$195K$635K50xas long as short
Extended POL-USD+0.0104%1h0.1103−0.062%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1102−0.229%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1104−0.033%$3K100xas long as short
Hyperliquid POL+0.0231%1h0.1106+0.166%$7.4M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0260%1h0.1105+0.040%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1102−0.206%$911K$166K75xas long as short