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 −0.023%

Price spread now: Gate against Variational Omni+0.092%7-day average +0.009% · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.092%, 7d avg +0.009%

Together, before fees−0.154%+ Points / potential airdropVariational Omni: Active · farm board−$15 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: Gate is 0.084% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POL	0.1125	0.0100	pay 0.0050% / 4h	1h 24m	$665K	$193K	—
Short	Gate POL_USDT	0.1126	0.0100	get 0.0050% / 4h	1h 24m	$1.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → +0.009%: $8.38
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$6.62
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 60 min ago; Gate: live order book, 3 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, 60 min ago	13.39 bp	doesn't fit	40.2 bp −$402	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	4.44 bp	19.3 bp −$19	180.1 bp −$1,801	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	−1.258%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1125	−0.014%	$206K	$236K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1129	+0.298%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0018%	4h	0.1127	+0.119%	$11K	$199K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1126	+0.098%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1128	+0.215%	$22K	—	150x	as long as short
dYdX POL-USD	+0.0005%	1h	0.1129	+0.300%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1128	+0.271%	$306K	$572K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1127	+0.191%	$375K	$360K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1127	+0.154%	$17.4M	$51.7M	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	0.1126	+0.101%	$16.2M	$15.8M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1126	+0.092%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDTshort	+0.0100%	4h	0.1126	+0.092%	$1.9M	$1.3M	75x
MEXC POL_USDT	+0.0100%	4h	0.1127	+0.137%	$23.8M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1128	+0.217%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1127	+0.128%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1127	+0.146%	—	$7.2M	—	as long as short
Variational Omni POLlong	+0.0100%	4h	0.1125	long leg	$665K	$193K	—
GRVT POL_USDT_Perp	+0.0100%	4h	0.1129	+0.319%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1127	+0.164%	$199K	$659K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1127	+0.161%	$94K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1125	−0.018%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0200%	1h	0.1129	+0.350%	$7.6M	$4.6M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1127	+0.185%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1126	+0.084%	$916K	$170K	75x	as long as short