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: Variational Omni against BloFin−0.070%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)+0.339%+$34 · spread now −0.070%, 7d avg −0.037%
=Together, before fees+0.232%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin POL-USDT | 0.1119 | 0.0340 | pay 0.0170% / 4h | 30m 22s | $911K | $169K | 75x |
| Short | Variational Omni POL | 0.1118 | 0.0100 | get 0.0050% / 4h | 30m 22s | $660K | $183K | — |
BloFin POL-USDT
Variational Omni POLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.070% → −0.037%
- −$3.31
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$65.71
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 47 min ago; Variational Omni: RFQ quote, 49 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 BloFin live order book, 47 min ago | 0.89 bp | 14.5 bp −$14 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 4.44 bp | doesn't fit | 40.0 bp −$400 | doesn't fit | 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 | 0.1117 | −0.143% | $204K | $224K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1120 | +0.106% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | +0.042% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1119 | +0.042% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1120 | +0.095% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0008% | 4h | 0.1119 | +0.072% | $11K | $189K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.679% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1119 | +0.036% | $298K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | +0.093% | $372K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1120 | +0.097% | $17.2M | $50.3M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1119 | +0.009% | $16.1M | $15.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1119 | +0.054% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | +0.009% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1119 | +0.072% | $24.4M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1119 | +0.009% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1120 | +0.089% | $4.2M | $5.5M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1119 | +0.072% | — | $1.7M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1118 | −0.070% | $660K | $183K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1118 | −0.039% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1120 | +0.125% | $198K | $656K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | +0.004% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1117 | −0.110% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1120 | +0.119% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0294% | 1h | 0.1121 | +0.232% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDTlong | +0.0340% | 4h | 0.1119 | long leg | $911K | $169K | 75x |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL