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: Variational Omni against MEXC−0.008%7-day average −0.049% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.103%+$10 on $10k

Price spread, last 3 days (all we have)+0.075%+$7 · spread now −0.008%, 7d avg −0.049%

Together, before fees+0.177%+ Points / potential airdropVariational Omni: Active · 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: Variational Omni is 0.040% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POL_USDT	0.1112	0.0100	pay 0.0050% / 4h	2h 49m	$23.3M	$4.0M	125x
Short	Variational Omni POL	0.1112	0.0100	get 0.0050% / 4h	2h 49m	$657K	$230K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → −0.049%: $4.03
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.03
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 39 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 MEXC live order book, 4 min ago	0.90 bp	2.8 bp −$3	8.6 bp −$86	64.8 bp −$6,482	177.5 bp −$88.8K
Sell Variational Omni RFQ quote, 39 min ago	8.94 bp	doesn't fit	35.7 bp −$357	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
ApeX Omni POLUSDT	−0.0462%	1h	0.1113	+0.126%	$197K	$660K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0080%	1h	0.1111	−0.054%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1113	+0.128%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0046%	4h	0.1112	+0.063%	$11K	$211K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1112	+0.005%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1113	+0.159%	$22K	—	150x	as long as short
dYdX POL-USD	+0.0009%	1h	0.1113	+0.143%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1113	+0.126%	$3K	$73K	12x	as long as short
GRVT POL_USDT_Perp	+0.0036%	4h	0.1112	+0.041%	$1.1M	$3.5M	10x	as long as short
OKX POL-USDT-SWAP	+0.0082%	4h	0.1112	+0.009%	$5.7M	$12.2M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter POL	+0.0096%	1h	0.1112	+0.040%	$311K	$559K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1114	+0.180%	$7.5M	$4.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1113	+0.150%	$370K	$383K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1112	+0.006%	$17.0M	$52.1M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1111	−0.027%	$16.0M	$16.5M	75x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1111	−0.027%	$1.9M	$1.4M	75x	as long as short
MEXC POL_USDTlong	+0.0100%	4h	0.1112	long leg	$23.3M	$4.0M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1112	+0.027%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1112	0.000%	$4.1M	$6.0M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1112	0.000%	—	$1.6M	—	as long as short
Variational Omni POLshort	+0.0100%	4h	0.1112	−0.008%	$657K	$230K	—
Extended POL-USD	+0.0104%	1h	0.1112	+0.012%	$93K	$437K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1112	−0.002%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1113	+0.121%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1112	+0.063%	$904K	$168K	75x	as long as short