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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.032%
Price spread now: KuCoin against Reya+0.048%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Reya than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POLRUSDPERP0.1097−0.0006get 0.0001% / 1h15m 06s$3K
ShortKuCoin POLUSDTM0.10970.0100get 0.0050% / 4h3h 15m$2.9M$965K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Reya. 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
$22.3
Price spread: +0.048% → 0.000%
$4.82
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$9.12
Costs to cover
0.180%
Break-even
4.1 days
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell KuCoin live order book, 2 min ago6.84 bp34.6 bp −$35125.1 bp −$1,251doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0512%1h0.1095−0.143%$202K$199K50xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1097+0.024%$1.2M$1.2M50xas long as short
Reya POLRUSDPERPlong−0.0006%1h0.1097long leg$3K
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1097+0.068%$12K150xas long as short
dYdX POL-USD+0.0027%1h0.1097+0.019%$17K$2K5xas long as short
Gate POL_USDT+0.0028%4h0.1096−0.070%$1.8M$1.4M75xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.316%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1097+0.012%$11K$538K20xas long as short
Lighter POL+0.0096%1h0.1097+0.007%$279K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1098+0.148%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1097+0.047%$364K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1096−0.036%$16.8M$41.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1096−0.070%$15.8M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1096−0.034%$5.7M$9.9M50xas long as short
MEXC POL_USDT+0.0100%4h0.1097+0.003%$24.7M$3.6M125xas long as short
KuCoin POLUSDTMshort+0.0100%4h0.1097+0.048%$2.9M$965K50x
Bitget POLUSDT+0.0100%4h0.1097+0.003%$4.0M$4.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1096−0.007%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1096−0.088%$607K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1096−0.034%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1096−0.052%$194K$633K50xas long as short
Extended POL-USD+0.0104%1h0.1096−0.036%$96K$275K10xas long as short
Aevo POL-PERP+0.0104%1h0.1095−0.098%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1097+0.078%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1096−0.007%$902K$164K75xas long as short