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 0.000%

Price spread now: Aster against Variational Omni+0.222%7-day average +0.088% · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.217%−$22 on $10k

Price spread, last 3 days (all we have)−0.135%−$14 · spread now +0.222%, 7d avg +0.088%

Together, before fees−0.352%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$35 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 0.134% dearer against Variational Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POL	0.1116	0.0100	pay 0.0050% / 4h	1h 57m	$660K	$211K	—
Short	Aster POLUSDT	0.1119	0.0100	get 0.0050% / 4h	1h 57m	$372K	$359K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.222%Rate

Funding earned: $0
Price spread: +0.222% → +0.088%: $13.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $5.42
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 26 min ago; Aster: live order book, 25 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 Variational Omni RFQ quote, 26 min ago	13.39 bp	doesn't fit	40.2 bp −$402	doesn't fit	doesn't fit
Sell Aster live order book, 25 min ago	6.25 bp	21.2 bp −$21	303.9 bp −$3,039	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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−0.479%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1111	−0.479%	$202K	$253K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1118	+0.159%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0025%	4h	0.1118	+0.121%	$11K	$205K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1117	+0.074%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1119	+0.227%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1118	+0.164%	$22K	—	150x	as long as short
Lighter POL	+0.0096%	1h	0.1118	+0.142%	$310K	$558K	8x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1119	+0.222%	$372K	$359K	20x
Binance POLUSDT	+0.0100%	4h	0.1118	+0.112%	$17.1M	$51.6M	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	0.1117	+0.058%	$16.1M	$16.2M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1117	+0.076%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1117	+0.094%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1118	+0.103%	$23.6M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1118	+0.184%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1119	+0.193%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1118	+0.130%	—	$1.6M	—	as long as short
Variational Omni POLlong	+0.0100%	4h	0.1116	long leg	$660K	$211K	—
GRVT POL_USDT_Perp	+0.0100%	4h	0.1117	+0.067%	$1.1M	$3.4M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1118	+0.148%	$198K	$662K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1117	+0.095%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1116	−0.031%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0157%	1h	0.1120	+0.327%	$7.6M	$4.6M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1118	+0.162%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1118	+0.139%	$906K	$168K	75x	as long as short