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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.047%
Price spread now: Aster against BloFin+0.091%72s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.652% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.487%−$49 on $10k
Price spread, last 3 days (all we have)+0.480%+$48 · spread now +0.091%, 7d avg +0.063%
Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.028% dearer against BloFin than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.063%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin POL-USDT0.11210.0340pay 0.0170% / 4h1h 44m$906K$169K75x
ShortAster POLUSDT0.11220.0100get 0.0050% / 4h1h 44m$373K$359K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$50.4
Price spread: +0.091% → +0.063%
$2.84
Slippage, 4 orders
−$45.16
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$112.72
Costs to cover
0.652%
Break-even
never at this rate
Slippage from BloFin: live order book, 38 min ago; Aster: live order book, 38 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 BloFin live order book, 38 min ago0.89 bp8.0 bp −$817.0 bp −$170doesn't fitdoesn't fit
Sell Aster live order book, 38 min ago6.25 bp21.2 bp −$21303.9 bp −$3,039doesn'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
Injective POL/USDC PERP−0.0162%1h0.1111−0.874%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1111−0.874%$202K$250K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1122+0.151%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0026%4h0.1121+0.054%$11K$203K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1121+0.047%$3Kas long as short
dYdX POL-USD0.0000%1h0.1121+0.007%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1122+0.107%$22K150xas long as short
Lighter POL+0.0096%1h0.1122+0.078%$305K$564K8xas long as short
Aster POLUSDTshort+0.0100%4h0.1122+0.091%$373K$359K20x
Binance POLUSDT+0.0100%4h0.1121+0.062%$17.1M$51.4M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1121+0.045%$16.2M$16.0M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1121+0.045%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.11210.000%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1122+0.071%$23.7M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1121+0.045%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1122+0.089%$4.2M$5.9M50xas long as short
BingX POL-USDC+0.0100%4h0.1121+0.054%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1118−0.237%$660K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119−0.170%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119−0.161%$198K$661K50xas long as short
Extended POL-USD+0.0104%1h0.1122+0.068%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1120−0.064%$41K3xas long as short
Hyperliquid POL+0.0177%1h0.1123+0.214%$7.6M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1122+0.126%$3K100xas long as short
BloFin POL-USDTlong+0.0340%4h0.1121long leg$906K$169K75x