Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h −0.018%

Price spread now: gTrade (Gains Network) against OKX+0.080%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.080% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX POL-USDT-SWAP	0.1090	−0.0084	get 0.0042% / 4h	11m 08s	$5.7M	$9.3M	50x
Short	gTrade (Gains Network) POL/USD	0.1091	L +0.0003% / S −0.0003%	get 0.0000% / 1h	11m 08s	$9K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee OKXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.080%Rate

Funding earned: $18.31
Price spread: +0.080% → 0.000%: $7.98
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $6.29
Costs to cover: 0.200%
Break-even: 4.6 days

Slippage unknown: OKX: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	0.92 bp	12.1 bp −$12	52.2 bp −$522	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0544%	1h	0.1087	−0.275%	$201K	$176K	50x	as long as short
Gate POL_USDT	−0.0254%	4h	0.1090	+0.018%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0233%	1h	0.1091	+0.131%	$1.2M	$1.0M	50x	as long as short
OKX POL-USDT-SWAPlong	−0.0084%	4h	0.1090	long leg	$5.7M	$9.3M	50x
Orderly PERP_POL_USDC	−0.0051%	4h	0.1090	−0.018%	$11K	$2.0M	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1090	−0.043%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1092	+0.145%	$19K	$3K	5x	as long as short
ApeX Omni POLUSDT	+0.0001%	1h	0.1090	0.000%	$193K	$641K	50x	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0003% / S −0.0003%	1h	0.1091	+0.080%	$9K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.927%	$3K	$124K	12x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0036%	4h	0.1089	−0.055%	$15.7M	$9.6M	75x	as long as short
GRVT POL_USDT_Perp	+0.0046%	4h	0.1090	+0.028%	$1.1M	$2.9M	10x	as long as short
Lighter POL	+0.0096%	1h	0.1090	−0.003%	$275K	$544K	8x	as long as short
Extended POL-USD	+0.0096%	1h	0.1089	−0.077%	$91K	$518K	10x	as long as short
MEXC POL_USDT	+0.0096%	4h	0.1090	−0.037%	$24.9M	$3.4M	125x	as long as short
Binance POLUSDT	+0.0096%	4h	0.1090	−0.028%	$16.6M	$36.3M	75x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1091	+0.138%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1091	+0.094%	$362K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1090	+0.018%	$2.9M	$918K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1090	+0.018%	$4.0M	$3.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1090	−0.028%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1090	−0.034%	$602K	$166K	—	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1088	−0.173%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1091	+0.082%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0336%	4h	0.1089	−0.073%	$896K	$145K	75x	as long as short