Funding you earn now, next payment 12:00 UTC−0.0757%/8h= −82.9% APRnext payment −$3.79 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against Aster−0.083%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 6 days (all we have)+0.361%+$36 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.083%, 7d avg −0.075%
=Together, before fees+0.389%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate. Mind the row above: over the last 6 days funding on this pair paid +0.361%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.361% in total (about 23.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster POLUSDT | 0.1095 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $363K | $167K | 20x |
| Short | Bybit POLUSDT | 0.1094 | −0.0657 | pay 0.0329% / 4h | 3h 58m | $15.7M | $9.5M | 75x |
Aster POLUSDT
Bybit POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$159.06
- Price spread: −0.083% → −0.075%
- −$0.72
- Slippage, 4 orders
- −$53.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$232.71
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from Aster: live order book, 39 min ago; Bybit: live order book, 5 min ago.
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 Aster live order book, 39 min ago | 10.54 bp | 23.6 bp −$24 | 301.9 bp −$3,019 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.37 bp | 12.7 bp −$13 | 33.8 bp −$338 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDTshort | −0.0657% | 4h | 0.1094 | −0.083% | $15.7M | $9.5M | 75x | |
| Coinbase International POL-PERP-INTX | −0.0600% | 1h | 0.1091 | −0.347% | $202K | $177K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0475% | 1h | 0.1093 | −0.137% | $1.2M | $1.0M | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0074% | 4h | 0.1094 | −0.046% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0067% | 4h | 0.1093 | −0.128% | $11K | $2.1M | 20x | as long as short |
| ApeX Omni POLUSDT | −0.0039% | 1h | 0.1092 | −0.256% | $194K | $641K | 50x | as long as short |
| Lighter POL | −0.0008% | 1h | 0.1093 | −0.130% | $276K | $535K | 8x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1093 | −0.206% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1095 | +0.013% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1094 | −0.058% | $9K | — | 150x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
ApeX Omni POLUSDT
Lighter POL
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.479% | $3K | $124K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0034% | 4h | 0.1094 | −0.062% | $1.1M | $2.9M | 10x | as long as short |
| Binance POLUSDT | +0.0069% | 4h | 0.1094 | −0.051% | $16.7M | $36.3M | 75x | as long as short |
| Extended POL-USD | +0.0072% | 1h | 0.1093 | −0.174% | $92K | $520K | 10x | as long as short |
| MEXC POL_USDT | +0.0072% | 4h | 0.1094 | −0.110% | $25.1M | $3.4M | 125x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1093 | −0.165% | $40K | — | 3x | as long as short |
| Gate POL_USDT | +0.0098% | 4h | 0.1093 | −0.146% | $1.8M | $1.2M | 75x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1095 | 0.000% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDTlong | +0.0100% | 4h | 0.1095 | long leg | $363K | $167K | 20x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1094 | −0.083% | $2.9M | $868K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1094 | −0.083% | $4.0M | $3.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1094 | −0.092% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1093 | −0.160% | $604K | $166K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1094 | −0.072% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0293% | 4h | 0.1094 | −0.064% | $894K | $146K | 75x | as long as short |
Injective POL/USDC PERP
GRVT POL_USDT_Perp
Binance POLUSDT
Extended POL-USD
MEXC POL_USDT
Aevo POL-PERP
Gate POL_USDT
Hyperliquid POL
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT