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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Aster against Lighter−0.014%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.508% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.394%−$39 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.014%, 7d avg −0.011%
Together, before fees−0.446%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POL0.11260.0096pay 0.0012% / 1h0m 12s$300K$577K8x
ShortAster POLUSDT0.11260.0100get 0.0050% / 4h1h 00m$374K$360K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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: −0.014% → −0.011%
−$0.25
Slippage, 4 orders
−$42.82
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$50.23
Costs to cover
0.508%
Break-even
425.6 days
Slippage from Lighter: live order book, 10 min ago; Aster: live order book, 17 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 Lighter live order book, 10 min ago5.39 bp5.5 bp −$655.2 bp −$552doesn't fitdoesn't fit
Sell Aster live order book, 17 min ago7.11 bp16.4 bp −$16274.5 bp −$2,745doesn'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%1h0.1111−1.340%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.363%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1127+0.048%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0007%4h0.1126−0.026%$11K$195K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1125−0.066%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1126+0.031%$24K150xas long as short
dYdX POL-USD+0.0024%1h0.1125−0.097%$17K$3K5xas long as short
Lighter POLlong+0.0096%1h0.1126long leg$300K$577K8x
Aster POLUSDTshort+0.0100%4h0.1126−0.014%$374K$360K20x
Binance POLUSDT+0.0100%4h0.1126−0.026%$17.4M$50.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1125−0.088%$16.2M$15.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1126−0.035%$5.8M$11.9M50xas long as short
Gate POL_USDT+0.0100%4h0.1125−0.132%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1126−0.026%$24.2M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1126−0.035%$2.8M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1126−0.008%$4.2M$5.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1126−0.008%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1123−0.257%$664K$189Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124−0.150%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1124−0.186%$199K$657K50xas long as short
Extended POL-USD+0.0104%1h0.1126−0.038%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1124−0.176%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1127+0.041%$3K100xas long as short
Hyperliquid POL+0.0275%1h0.1128+0.187%$7.6M$4.0M5xas long as short
BloFin POL-USDT+0.0340%4h0.1125−0.106%$914K$169K75xas long as short