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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POLUSDT0.11290.0100pay 0.0050% / 4h1h 28m$375K$357K20x
ShortOrderly PERP_POL_USDC0.1126−0.0018pay 0.0009% / 4h1h 28m$11K$199K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 54 min ago6.25 bp21.2 bp −$21266.7 bp −$2,667doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP−0.0162%1h0.1111−1.587%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1127−0.169%$206K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1126−0.264%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDCshort−0.0018%4h0.1126−0.258%$11K$199K20x
Reya POLRUSDPERP−0.0006%1h0.1128−0.091%$3Kas long as short
dYdX POL-USD0.0000%1h0.1129−0.012%$17K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1129−0.035%$22K150xas long as short
Lighter POL+0.0096%1h0.1126−0.258%$306K$572K8xas long as short
Aster POLUSDTlong+0.0100%4h0.1129long leg$375K$357K20x
Binance POLUSDT+0.0100%4h0.1126−0.227%$17.4M$51.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1125−0.302%$16.2M$15.9M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1126−0.276%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1127−0.143%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1126−0.240%$23.8M$3.8M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1127−0.169%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1126−0.258%$4.2M$5.9M50xas long as short
BingX POL-USDC+0.0100%4h0.1128−0.063%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1125−0.363%$665K$193Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1125−0.302%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1127−0.169%$199K$659K50xas long as short
Extended POL-USD+0.0104%1h0.1127−0.136%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1127−0.214%$41K3xas long as short
Hyperliquid POL+0.0188%1h0.1131+0.158%$7.7M$4.6M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0211% / S −0.0606%1h0.1128−0.074%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1126−0.284%$910K$170K75xas long as short