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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.053%
Price spread now: Variational Omni against BloFin+0.002%101s7-day average −0.037% · 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 3 days (all we have)−0.119%−$12 on $10k
Price spread, last 3 days (all we have)+0.112%+$11 · spread now +0.002%, 7d avg −0.037%
Together, before fees−0.007%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.039% dearer against BloFin than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 3 days (−0.119% in total) that is about 26 hours. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin POL-USDT0.11190.0340pay 0.0170% / 4h3h 31m$909K$159K75x
ShortVariational Omni POL0.11190.0100get 0.0050% / 4h3h 31m$620K$224K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$50.4
Price spread: +0.002% → −0.037%
$3.9
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$58.5
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 40 min ago; Variational Omni: RFQ quote, 43 min ago. 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 BloFin live order book, 40 min ago0.89 bp15.9 bp −$1625.8 bp −$258doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 43 min ago8.93 bpdoesn't fit35.7 bp −$357doesn'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
Kraken Futures PF_POLUSD−0.0239%1h0.1121+0.159%$1.2M$1.3M50xas long as short
Coinbase International POL-PERP-INTX−0.0152%1h0.1116−0.259%$204K$199K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1119−0.006%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120+0.105%$24K150xas long as short
Orderly PERP_POL_USDC+0.0018%4h0.1119+0.054%$11K$171K20xas long as short
dYdX POL-USD+0.0029%1h0.1120+0.128%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.706%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1120+0.130%$293K$580K8xas long as short
Aster POLUSDT+0.0100%4h0.1121+0.170%$372K$303K20xas long as short
Binance POLUSDT+0.0100%4h0.1120+0.109%$17.2M$44.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120+0.089%$16.1M$13.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120+0.071%$5.8M$10.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1119+0.027%$1.9M$1.2M75xas long as short
MEXC POL_USDT+0.0100%4h0.1120+0.107%$24.3M$3.7M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120+0.089%$3.0M$989K50xas long as short
Bitget POLUSDT+0.0100%4h0.1120+0.116%$4.2M$4.8M50xas long as short
BingX POL-USDT+0.0100%4h0.1120+0.098%$7.2Mas long as short
Variational Omni POLshort+0.0100%4h0.1119+0.002%$620K$224K
GRVT POL_USDT_Perp+0.0100%4h0.1120+0.126%$1.1M$2.9M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119+0.009%$198K$644K50xas long as short
Extended POL-USD+0.0104%1h0.1120+0.076%$93K$488K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119−0.036%$41K3xas long as short
Hyperliquid POL+0.0129%1h0.1122+0.304%$7.6M$3.9M5xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1120+0.107%$3K100xas long as short
BloFin POL-USDTlong+0.0340%4h0.1119long leg$909K$159K75x