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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against MEXC−0.045%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.045%, 7d avg −0.004%
Together, before fees+0.050%+$5 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: OKX is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POL_USDT0.11050.0100pay 0.0050% / 4h1h 29m$23.9M$3.5M125x
ShortOKX POL-USDT-SWAP0.11040.0100get 0.0050% / 4h1h 29m$5.7M$10.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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
Price spread: −0.045% → −0.004%
−$4.11
Slippage, 4 orders
−$29.6
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$43.71
Costs to cover
0.396%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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 MEXC live order book, 4 min ago1.36 bp3.0 bp −$38.3 bp −$8370.3 bp −$7,030doesn't fit
Sell OKX live order book, 4 min ago1.36 bp17.7 bp −$1862.1 bp −$621doesn'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%1h0.1098−0.615%$202K$199K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1104−0.031%$3Kas long as short
dYdX POL-USD0.0000%1h0.1106+0.097%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1105+0.027%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.561%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0042%4h0.1104−0.054%$11K$298K20xas long as short
Lighter POL+0.0096%1h0.1105+0.031%$285K$564K8xas long as short
Aster POLUSDT+0.0100%4h0.1105+0.029%$367K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.11050.000%$17.2M$42.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1104−0.091%$15.9M$11.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAPshort+0.0100%4h0.1104−0.045%$5.7M$10.1M50x
Gate POL_USDT+0.0100%4h0.1105−0.018%$1.8M$1.3M75xas long as short
MEXC POL_USDTlong+0.0100%4h0.1105long leg$23.9M$3.5M125x
KuCoin POLUSDTM+0.0100%4h0.1106+0.091%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1106+0.072%$4.2M$4.7M50xas long as short
BingX POL-USDT+0.0100%4h0.1105+0.036%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1105+0.011%$612K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1106+0.113%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1105+0.018%$196K$637K50xas long as short
Extended POL-USD+0.0104%1h0.1104−0.032%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1103−0.198%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1105+0.014%$3K100xas long as short
Hyperliquid POL+0.0221%1h0.1107+0.172%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0259%1h0.1106+0.080%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1107+0.172%$914K$167K75xas long as short