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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Aster−0.022%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$720.716% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.239%+$24 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.022%, 7d avg −0.068%
Together, before fees+0.114%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$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: Extended is 0.046% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.11010.0100pay 0.0050% / 4h55m 32s$366K$268K20x
ShortExtended POL-USD0.11000.0104get 0.0013% / 1h55m 32s$95K$453K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.022% → −0.068%
$4.59
Slippage, 4 orders
−$58.56
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$66.13
Costs to cover
0.716%
Break-even
558.1 days
Slippage from Aster: live order book, 2 min ago; Extended: live order book, 2 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 Aster live order book, 2 min ago7.28 bp18.2 bp −$18250.8 bp −$2,508doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago1.51 bp15.5 bp −$16190.2 bp −$1,902doesn't fitdoesn't fit

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−0.0520%1h0.1096−0.417%$202K$197K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101+0.051%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.055%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.112%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.946%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1101+0.065%$11K$267K20xas long as short
Lighter POL+0.0096%1h0.1101+0.038%$284K$550K8xas long as short
Aster POLUSDTlong+0.0100%4h0.1101long leg$366K$268K20x
Binance POLUSDT+0.0100%4h0.1100−0.037%$17.1M$42.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1100−0.044%$15.9M$11.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1100−0.026%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1100−0.072%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1101+0.010%$24.4M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1101+0.037%$2.9M$973K50xas long as short
Bitget POLUSDT+0.0100%4h0.1101+0.074%$4.1M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1101+0.001%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1101+0.003%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1100−0.059%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1097−0.326%$194K$633K50xas long as short
Extended POL-USDshort+0.0104%1h0.1100−0.022%$95K$453K10x
Aevo POL-PERP+0.0104%1h0.1099−0.183%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.127%$3K100xas long as short
Hyperliquid POL+0.0280%1h0.1103+0.174%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0313%1h0.1102+0.141%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1099−0.190%$915K$167K75xas long as short