Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: Binance against Aster−0.109%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.243%+$24 on $10k

Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.109%, 7d avg −0.040%

Together, before fees+0.338%+ Points / potential airdropAster: Stage 5 · farm board+$34 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: Binance is 0.069% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster POLUSDT	0.1123	0.0100	pay 0.0050% / 4h	16m 00s	$373K	$353K	20x
Short	Binance POLUSDT	0.1122	0.0100	get 0.0050% / 4h	16m 00s	$17.3M	$50.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → −0.040%: −$6.88
Slippage, 4 orders: −$37.61
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.49
Costs to cover: 0.556%
Break-even: never at this rate

Slippage from Aster: live order book, 61 min ago; Binance: live order book, 11 min ago.

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 Aster live order book, 61 min ago	7.11 bp	18.7 bp −$19	300.4 bp −$3,004	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.45 bp	10.1 bp −$10	23.0 bp −$230	116.1 bp −$11.6K	doesn't fit

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	−0.0128%	1h	0.1121	−0.216%	$205K	$226K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1124	+0.010%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1123	−0.026%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1124	+0.041%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0011%	4h	0.1123	−0.029%	$11K	$186K	20x	as long as short
dYdX POL-USD	+0.0016%	1h	0.1123	−0.038%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−1.106%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1123	−0.016%	$300K	$572K	8x	as long as short
Aster POLUSDTlong	+0.0100%	4h	0.1123	long leg	$373K	$353K	20x
Binance POLUSDTshort	+0.0100%	4h	0.1122	−0.109%	$17.3M	$50.0M	75x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1122	−0.145%	$16.2M	$15.2M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1122	−0.127%	$5.8M	$11.7M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1123	−0.064%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1122	−0.100%	$24.3M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1123	−0.082%	$2.9M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1122	−0.109%	$4.2M	$5.3M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1122	−0.118%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1123	−0.079%	$662K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1122	−0.162%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1121	−0.216%	$198K	$650K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1122	−0.135%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1122	−0.168%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0217% / S −0.0750%	1h	0.1124	+0.037%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0232%	1h	0.1125	+0.105%	$7.6M	$3.9M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1123	−0.082%	$910K	$164K	75x	as long as short