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 +0.010%
Price spread now: KuCoin against OKX+0.091%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 7 days−0.120%−$12 · spread now +0.091%, 7d avg +0.030%
Together, before fees+0.110%+$11 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: KuCoin is 0.061% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POL-USDT-SWAP0.11010.0100pay 0.0050% / 4h2h 16m$5.7M$10.3M50x
ShortKuCoin POLUSDTM0.11020.0100get 0.0050% / 4h2h 16m$2.9M$998K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.091% → +0.030%
$6.1
Slippage, 4 orders
−$66.77
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$82.67
Costs to cover
0.888%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago1.36 bp14.4 bp −$1458.0 bp −$580doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.99 bp24.2 bp −$24125.6 bp −$1,256doesn't fitdoesn'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%1h0.1099−0.164%$202K$203K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.009%$3Kas long as short
dYdX POL-USD0.0000%1h0.1102+0.090%$17K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.109%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.927%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0040%4h0.1101+0.036%$11K$322K20xas long as short
Lighter POL+0.0096%1h0.1101+0.064%$284K$576K8xas long as short
Aster POLUSDT+0.0100%4h0.1102+0.136%$366K$276K20xas long as short
Binance POLUSDT+0.0100%4h0.1101+0.025%$17.0M$43.8M75xas long as short
Bybit POLUSDT+0.0100%4h0.11010.000%$15.9M$12.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAPlong+0.0100%4h0.1101long leg$5.7M$10.3M50x
Gate POL_USDT+0.0100%4h0.1100−0.027%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1101+0.018%$23.8M$3.6M125xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1102+0.091%$2.9M$998K50x
Bitget POLUSDT+0.0100%4h0.1102+0.109%$4.2M$4.9M50xas long as short
BingX POL-USDC+0.0100%4h0.1101+0.018%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1102+0.100%$610K$224Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102+0.115%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.200%$195K$637K50xas long as short
Extended POL-USD+0.0104%1h0.1101−0.007%$95K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1100−0.063%$40K3xas long as short
Kraken Futures PF_POLUSD+0.0117%1h0.1102+0.136%$1.2M$1.2M50xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.094%$3K100xas long as short
Hyperliquid POL+0.0228%1h0.1103+0.236%$7.4M$3.8M5xas long as short