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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment $0.30 per $10,000 · paid last 24h −0.053%
Price spread now: Orderly against Aster−0.072%7-day average −0.082% · you buy dearer than you sell
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 6 days (all we have)−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.320%−$32 · spread now −0.072%, 7d avg −0.082%
Together, before fees−0.403%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.10860.0100pay 0.0050% / 4h2h 32m$360K$242K20x
ShortOrderly PERP_POL_USDC0.10850.0039get 0.0020% / 4h2h 32m$11K$922K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$12.76
Price spread: −0.072% → −0.082%
$1.04
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$25.72
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 15 min ago; Orderly: no order-book sample. 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 Aster live order book, 15 min ago11.46 bp26.7 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0480%1h0.1086+0.039%$200K$200K50xas long as short
Gate POL_USDT−0.0236%4h0.1085−0.090%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1085−0.066%$1.1M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1085−0.052%$2Kas long as short
dYdX POL-USD0.0000%1h0.1087+0.125%$18K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1086+0.012%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.342%$3K$124K12xas long as short
Orderly PERP_POL_USDCshort+0.0039%4h0.1085−0.072%$11K$922K20x
Lighter POL+0.0096%1h0.1085−0.054%$276K$542K8xas long as short
Hyperliquid POL+0.0100%1h0.1087+0.122%$7.3M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDTlong+0.0100%4h0.1086long leg$360K$242K20x
Binance POLUSDT+0.0100%4h0.1085−0.064%$16.6M$38.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1084−0.127%$15.6M$10.6M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1084−0.109%$5.6M$9.5M50xas long as short
MEXC POL_USDT+0.0100%4h0.1085−0.099%$24.4M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1085−0.026%$2.8M$939K50xas long as short
Bitget POLUSDT+0.0100%4h0.1085−0.035%$4.0M$4.2M50xas long as short
BingX POL-USDT+0.0100%4h0.1085−0.016%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1088+0.244%$602K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1089+0.312%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1090+0.407%$193K$630K50xas long as short
Extended POL-USD+0.0104%1h0.1085−0.045%$91K$270K10xas long as short
Aevo POL-PERP+0.0104%1h0.1087+0.094%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1086+0.003%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1091+0.472%$899K$160K75xas long as short