Funding you earn now, next payment 00:00 UTC−0.0118%/8h= −13.0% APRnext payment −$0.59 per $10,000 · paid last 24h −0.082%
Price spread now: Orderly against Aster−0.258%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)−0.252%−$25 · spread now −0.258%, 7d avg −0.079%
=Together, before fees−0.328%+ Points / potential airdropAster: Stage 5 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.178% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster POLUSDT | 0.1129 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $375K | $357K | 20x |
| Short | Orderly PERP_POL_USDC | 0.1126 | −0.0018 | pay 0.0009% / 4h | 1h 28m | $11K | $199K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$24.85
- Price spread: −0.258% → −0.079%
- −$17.85
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$56.7
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 54 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 54 min ago | 6.25 bp | 21.2 bp −$21 | 266.7 bp −$2,667 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.587% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1127 | −0.169% | $206K | $236K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1126 | −0.264% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDCshort | −0.0018% | 4h | 0.1126 | −0.258% | $11K | $199K | 20x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1128 | −0.091% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1129 | −0.012% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1129 | −0.035% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1126 | −0.258% | $306K | $572K | 8x | as long as short |
| Aster POLUSDTlong | +0.0100% | 4h | 0.1129 | long leg | $375K | $357K | 20x | |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | −0.227% | $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 | 0.1125 | −0.302% | $16.2M | $15.9M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | −0.276% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1127 | −0.143% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | −0.240% | $23.8M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1127 | −0.169% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | −0.258% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1128 | −0.063% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | −0.363% | $665K | $193K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1125 | −0.302% | $1.1M | $3.3M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | −0.169% | $199K | $659K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1127 | −0.136% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1127 | −0.214% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0188% | 1h | 0.1131 | +0.158% | $7.7M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1128 | −0.074% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1126 | −0.284% | $910K | $170K | 75x | as long as short |
Aster POLUSDT
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Lighter POL
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT