Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.208%
Price spread now: dYdX against Aster+0.034%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.034% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.11020.0100pay 0.0050% / 4h23m 36s$366K$271K20x
ShortdYdX POL-USD0.11020.0177get 0.0022% / 1h23m 36s$17K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aster. 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

Funding earned
$16.15
Price spread: +0.034% → 0.000%
$3.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
$1.6
Costs to cover
0.180%
Break-even
6.3 days
Slippage unknown: Aster: live order book, 34 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 34 min ago7.28 bp18.2 bp −$18250.8 bp −$2,508doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0520%1h0.1100−0.156%$202K$198K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.058%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102+0.064%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.842%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1102+0.025%$11K$255K20xas long as short
Lighter POL+0.0096%1h0.1102+0.017%$280K$555K8xas long as short
Aster POLUSDTlong+0.0100%4h0.1102long leg$366K$271K20x
Binance POLUSDT+0.0100%4h0.1102+0.003%$17.1M$41.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.038%$15.8M$11.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1101−0.020%$5.7M$10.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate POL_USDT+0.0100%4h0.1101−0.074%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102+0.025%$24.6M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1102+0.053%$2.9M$977K50xas long as short
Bitget POLUSDT+0.0100%4h0.1101−0.020%$4.1M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1102+0.025%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1100−0.116%$609K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102+0.016%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1103+0.116%$196K$637K50xas long as short
Extended POL-USD+0.0104%1h0.1102−0.001%$95K$451K10xas long as short
Aevo POL-PERP+0.0104%1h0.1101−0.105%$40K3xas long as short
Hyperliquid POL+0.0139%1h0.1103+0.152%$7.5M$3.7M5xas long as short
dYdX POL-USDshort+0.0177%1h0.1102+0.034%$17K$2K5x
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1102+0.064%$3K100xas long as short
Kraken Futures PF_POLUSD+0.0313%1h0.1102+0.055%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1101−0.029%$905K$169K75xas long as short