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: Binance against OKX+0.018%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.489% 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−0.025%−$3 · spread now +0.018%, 7d avg +0.007%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.11020.0100pay 0.0050% / 4h2h 02m$5.7M$10.1M50x
ShortBinance POLUSDT0.11020.0100get 0.0050% / 4h2h 02m$17.1M$42.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.018% → +0.007%
$1.13
Slippage, 4 orders
−$28.87
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.74
Costs to cover
0.489%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Binance: live order book, 9 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 OKX live order book, 6 min ago0.45 bp14.0 bp −$1461.1 bp −$611doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.45 bp8.3 bp −$827.2 bp −$272140.1 bp −$14.0Kdoesn'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%1h0.1099−0.290%$202K$202K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.11020.000%$3Kas long as short
dYdX POL-USD0.0000%1h0.1103+0.055%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1103+0.057%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.798%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0047%4h0.1103+0.027%$11K$310K20xas long as short
Lighter POL+0.0096%1h0.1103+0.034%$285K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1103+0.068%$367K$276K20xas long as short
Binance POLUSDTshort+0.0100%4h0.1102+0.018%$17.1M$42.8M75x
Bybit POLUSDT+0.0100%4h0.1102−0.009%$16.0M$11.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAPlong+0.0100%4h0.1102long leg$5.7M$10.1M50x
Gate POL_USDT+0.0100%4h0.1101−0.064%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1103+0.027%$23.8M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1103+0.027%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1102+0.009%$4.2M$4.7M50xas long as short
BingX POL-USDC+0.0100%4h0.11020.000%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1100−0.167%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1101−0.089%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1101−0.109%$195K$636K50xas long as short
Extended POL-USD+0.0104%1h0.1102−0.010%$92K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1101−0.092%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1104+0.166%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1103+0.054%$3K100xas long as short
Hyperliquid POL+0.0245%1h0.1105+0.227%$7.4M$3.7M5xas long as short