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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against Bybit+0.184%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$870.866% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.361%−$36 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.184%, 7d avg +0.074%
Together, before fees−0.431%+ Points / potential airdropAster: Stage 5 · farm board−$43 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: Aster is 0.110% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POLUSDT0.10990.0100pay 0.0050% / 4h1h 46m$15.9M$11.9M75x
ShortAster POLUSDT0.11010.0100get 0.0050% / 4h1h 46m$366K$269K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
Price spread: +0.184% → +0.074%
$10.97
Slippage, 4 orders
−$67.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$75.67
Costs to cover
0.866%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 16 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 Bybit live order book, 2 min ago0.45 bp13.0 bp −$1334.4 bp −$344doesn't fitdoesn't fit
Sell Aster live order book, 16 min ago7.25 bp18.0 bp −$18269.4 bp −$2,694doesn'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−0.0464%1h0.1098−0.064%$202K$201K50xas long as short
ApeX Omni POLUSDT−0.0133%1h0.1101+0.209%$195K$635K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101+0.220%$3Kas long as short
dYdX POL-USD0.0000%1h0.1101+0.217%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1100+0.157%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.120%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0045%4h0.1099+0.064%$11K$299K20xas long as short
Lighter POL+0.0096%1h0.1100+0.097%$284K$564K8xas long as short
Aster POLUSDTshort+0.0100%4h0.1101+0.184%$366K$269K20x
Binance POLUSDT+0.0100%4h0.1099+0.073%$17.0M$42.2M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDTlong+0.0100%4h0.1099long leg$15.9M$11.9M75x
OKX POL-USDT-SWAP+0.0100%4h0.1099+0.027%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1099+0.009%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1100+0.109%$23.8M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1100+0.118%$2.9M$969K50xas long as short
Bitget POLUSDT+0.0100%4h0.1100+0.073%$4.2M$4.7M50xas long as short
BingX POL-USDT+0.0100%4h0.1099+0.018%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1100+0.160%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1105+0.555%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1100+0.086%$92K$446K10xas long as short
Aevo POL-PERP+0.0104%1h0.1098−0.048%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.284%$3K100xas long as short
Hyperliquid POL+0.0225%1h0.1101+0.237%$7.4M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0261%1h0.1100+0.150%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1100+0.118%$160K75xas long as short