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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment $0.91 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against Aster−0.128%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$700.702% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.128%, 7d avg −0.061%
Together, before fees+0.290%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.066% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.061%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.10890.0100pay 0.0050% / 4h22m 15s$361K$167K20x
ShortOKX POL-USDT-SWAP0.1088−0.0082pay 0.0041% / 4h22m 15s$5.7M$9.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$38.23
Price spread: −0.128% → −0.061%
−$6.63
Slippage, 4 orders
−$52.17
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$115.03
Costs to cover
0.702%
Break-even
never at this rate
Slippage from Aster: live order book, 15 min ago; OKX: live order book, 6 min ago.

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, 15 min ago10.54 bp23.6 bp −$24301.9 bp −$3,019doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago0.92 bp13.5 bp −$1448.7 bp −$487doesn't fitdoesn't fit

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−0.0544%1h0.1087−0.219%$201K$176K50xas long as short
Gate POL_USDT−0.0276%4h0.1087−0.174%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0234%1h0.1088−0.083%$1.1M$996K50xas long as short
OKX POL-USDT-SWAPshort−0.0082%4h0.1088−0.128%$5.7M$9.3M50x
Orderly PERP_POL_USDC−0.0039%4h0.1088−0.155%$11K$1.9M20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1088−0.148%$2Kas long as short
dYdX POL-USD0.0000%1h0.1090+0.028%$18K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0003%1h0.1089−0.017%$9K150xas long as short
ApeX Omni POLUSDT+0.0028%1h0.1088−0.128%$193K$642K50xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.984%$3K$124K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT POL_USDT_Perp+0.0038%4h0.1087−0.210%$1.1M$2.8M10xas long as short
Bybit POLUSDT+0.0079%4h0.1087−0.174%$15.6M$9.6M75xas long as short
Lighter POL+0.0096%1h0.1088−0.126%$275K$544K8xas long as short
Hyperliquid POL+0.0100%1h0.1090+0.019%$7.4M$3.7M5xas long as short
Aster POLUSDTlong+0.0100%4h0.1089long leg$361K$167K20x
Binance POLUSDT+0.0100%4h0.1088−0.147%$16.6M$36.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1088−0.146%$24.9M$3.4M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1089−0.082%$2.8M$918K50xas long as short
Bitget POLUSDT+0.0100%4h0.1089−0.063%$4.0M$3.9M50xas long as short
BingX POL-USDC+0.0100%4h0.1088−0.128%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1086−0.311%$601K$166Kas long as short
Extended POL-USD+0.0104%1h0.1088−0.170%$91K$522K10xas long as short
Aevo POL-PERP+0.0104%1h0.1086−0.319%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1089−0.040%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1086−0.284%$900K$145K75xas long as short