Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Aster against Aevo+0.211%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.211% dearer against Aevo than usual: you sell high and buy low, +$21 on $10k if it 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	Aevo POL-PERP	0.1124	0.0104	pay 0.0013% / 1h	15m 12s	$41K	—	3x
Short	Aster POLUSDT	0.1126	0.0100	get 0.0050% / 4h	1h 15m	$377K	$360K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.211%Rate

Funding earned: −$0.84
Price spread: +0.211% → 0.000%: $21.09
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$3.75
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	7.11 bp	16.4 bp −$16	274.5 bp −$2,745	doesn't fit	doesn't fit

Aevo: 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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−1.163%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1127	+0.261%	$206K	$237K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1126	+0.215%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0014%	4h	0.1125	+0.109%	$11K	$198K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1125	+0.118%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1126	+0.178%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0005%	1h	0.1127	+0.247%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1126	+0.189%	$300K	$577K	8x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1126	+0.211%	$377K	$360K	20x
Binance POLUSDT	+0.0100%	4h	0.1126	+0.145%	$17.4M	$51.5M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1125	+0.083%	$16.2M	$15.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1125	+0.118%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1126	+0.145%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1126	+0.145%	$23.8M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1126	+0.198%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1126	+0.198%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1126	+0.145%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1125	+0.061%	$664K	$193K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1126	+0.133%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1125	+0.083%	$199K	$659K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1125	+0.107%	$94K	$427K	10x	as long as short
Aevo POL-PERPlong	+0.0104%	1h	0.1124	long leg	$41K	—	3x
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1126	+0.171%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0227%	1h	0.1128	+0.359%	$7.6M	$4.6M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1125	+0.109%	$915K	$170K	75x	as long as short