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: MEXC against Variational Omni+0.170%7-day average +0.047% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

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)−0.140%−$14 · spread now +0.170%, 7d avg +0.047%

Together, before fees−0.242%+ Points / potential airdropVariational Omni: Active · farm board−$24 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: MEXC is 0.124% dearer against Variational Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POL	0.1111	0.0100	pay 0.0050% / 4h	2h 38m	$657K	$211K	—
Short	MEXC POL_USDT	0.1113	0.0100	get 0.0050% / 4h	2h 38m	$23.4M	$4.0M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → +0.047%: $12.38
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $12.38
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 50 min ago; MEXC: live order book, 5 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, 50 min ago	8.94 bp	doesn't fit	35.7 bp −$357	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.90 bp	4.1 bp −$4	29.5 bp −$295	84.4 bp −$8,440	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	−0.0154%	1h	0.1113	+0.152%	$197K	$661K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0080%	1h	0.1111	−0.027%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1113	+0.122%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0039%	4h	0.1114	+0.215%	$11K	$209K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1113	+0.166%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1114	+0.262%	$22K	—	150x	as long as short
dYdX POL-USD	+0.0004%	1h	0.1112	+0.084%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.027%	$3K	$124K	12x	as long as short
GRVT POL_USDT_Perp	+0.0064%	4h	0.1112	+0.036%	$1.1M	$3.5M	10x	as long as short
OKX POL-USDT-SWAP	+0.0096%	4h	0.1114	+0.206%	$5.8M	$12.1M	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	0.1113	+0.170%	$311K	$559K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1116	+0.386%	$7.6M	$4.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1114	+0.232%	$370K	$383K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1114	+0.197%	$17.0M	$51.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1113	+0.143%	$16.0M	$16.4M	75x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1112	+0.062%	$1.9M	$1.4M	75x	as long as short
MEXC POL_USDTshort	+0.0100%	4h	0.1113	+0.170%	$23.4M	$4.0M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1113	+0.143%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1113	+0.179%	$4.1M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1113	+0.188%	—	$7.2M	—	as long as short
Variational Omni POLlong	+0.0100%	4h	0.1111	long leg	$657K	$211K	—
Extended POL-USD	+0.0104%	1h	0.1114	+0.202%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1113	+0.107%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1114	+0.271%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1113	+0.125%	$903K	$167K	75x	as long as short