Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%

Price spread now: Aster against MEXC−0.027%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.243%−$24 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.027%, 7d avg +0.043%

Together, before fees−0.179%+ Points / potential airdropAster: Stage 5 · farm board−$18 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 0.069% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POL_USDT	0.1120	0.0100	pay 0.0050% / 4h	9m 58s	$24.3M	$3.9M	125x
Short	Aster POLUSDT	0.1120	0.0100	get 0.0050% / 4h	9m 58s	$372K	$340K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee AsterbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.043%: −$6.93
Slippage, 4 orders: −$33.62
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$48.55
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 2 min ago.

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 MEXC live order book, 4 min ago	0.45 bp	2.5 bp −$2	12.4 bp −$124	76.2 bp −$7,618	145.5 bp −$72.7K
Sell Aster live order book, 2 min ago	5.35 bp	18.1 bp −$18	268.2 bp −$2,682	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	0.1118	−0.205%	$205K	$226K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1121	+0.029%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	−0.073%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1121	+0.025%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0012%	4h	0.1120	−0.054%	$11K	$186K	20x	as long as short
dYdX POL-USD	+0.0014%	1h	0.1120	−0.018%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.830%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1120	−0.011%	$299K	$572K	8x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1120	−0.027%	$372K	$340K	20x
Binance POLUSDT	+0.0100%	4h	0.1120	−0.027%	$17.3M	$49.8M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1119	−0.080%	$16.1M	$15.1M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1120	−0.009%	$5.8M	$11.6M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1120	−0.062%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDTlong	+0.0100%	4h	0.1120	long leg	$24.3M	$3.9M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1120	−0.036%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	−0.045%	$4.1M	$5.3M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1120	−0.036%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1117	−0.291%	$660K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1121	+0.036%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1121	+0.062%	$198K	$649K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1120	−0.047%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1119	−0.154%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1120	−0.002%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0228%	1h	0.1122	+0.152%	$7.6M	$3.9M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	+0.089%	$911K	$163K	75x	as long as short