Funding you earn now, next payment 01:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.366%
Price spread now: dYdX against Variational Omni+0.448%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.448% dearer against Variational Omni than usual: you sell high and buy low (spread +0.448% now, against zero (this spread has no 7-day history yet)): +$45 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni POL | 0.1118 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $619K | $225K | — |
| Short | dYdX POL-USD | 0.1123 | 0.0045 | get 0.0006% / 1h | 41m 20s | $17K | $3K | 5x |
Variational Omni POL
dYdX POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.58
- Price spread: +0.448% → 0.000%
- $44.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $23.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; dYdX: no order-book sample. 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, 33 min ago | 8.93 bp | doesn't fit | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0239% | 1h | 0.1123 | +0.442% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1115 | −0.302% | $204K | $200K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1122 | +0.300% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1123 | +0.372% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0017% | 4h | 0.1122 | +0.324% | $11K | $174K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.660% | $3K | $124K | 12x | as long as short |
| dYdX POL-USDshort | +0.0045% | 1h | 0.1123 | +0.448% | $17K | $3K | 5x | |
| Lighter POL | +0.0096% | 1h | 0.1122 | +0.310% | $294K | $579K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1122 | +0.344% | $373K | $340K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1122 | +0.314% | $17.3M | $45.7M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1122 | +0.306% | $16.2M | $13.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.261% | $5.8M | $10.9M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1122 | +0.297% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1122 | +0.315% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1123 | +0.369% | $3.0M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1123 | +0.387% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1122 | +0.360% | — | $1.7M | — | as long as short |
| Variational Omni POLlong | +0.0100% | 4h | 0.1118 | long leg | $619K | $225K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1122 | +0.341% | $1.1M | $3.0M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1118 | −0.034% | $197K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1121 | +0.232% | $94K | $545K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1121 | +0.279% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0135% | 1h | 0.1124 | +0.505% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1122 | +0.344% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | +0.020% | $909K | $159K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT