Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: Aster against gTrade (Gains Network)+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no 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 +$3 a day on $10k at the current rate, and Aster is 0.049% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) POL/USD	0.1120	L +0.0004% / S −0.0007%	pay 0.0001% / 1h	31m 42s	$24K	—	150x
Short	Aster POLUSDT	0.1121	0.0100	get 0.0050% / 4h	3h 31m	$372K	$303K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now +0.049%Rate

Funding earned: $20.15
Price spread: +0.049% → 0.000%: $4.86
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $7.02
Costs to cover: 0.180%
Break-even: 4.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 40 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 40 min ago	5.35 bp	18.1 bp −$18	268.2 bp −$2,682	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Kraken Futures PF_POLUSD	−0.0239%	1h	0.1121	+0.053%	$1.2M	$1.3M	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0152%	1h	0.1116	−0.364%	$204K	$199K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	−0.112%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USDlong	L +0.0004% / S −0.0007%	1h	0.1120	long leg	$24K	—	150x
Orderly PERP_POL_USDC	+0.0018%	4h	0.1119	−0.052%	$11K	$171K	20x	as long as short
dYdX POL-USD	+0.0029%	1h	0.1120	+0.022%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.811%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1120	+0.025%	$293K	$580K	8x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1121	+0.049%	$372K	$303K	20x
Binance POLUSDT	+0.0100%	4h	0.1120	−0.007%	$17.2M	$45.0M	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	0.1120	−0.016%	$16.1M	$13.2M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1120	−0.007%	$5.8M	$10.8M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1119	−0.087%	$1.9M	$1.2M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1120	−0.007%	$24.3M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1120	−0.034%	$3.0M	$990K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	+0.020%	$4.2M	$4.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1120	−0.025%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	−0.103%	$620K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1120	+0.021%	$1.1M	$2.9M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1120	−0.007%	$198K	$644K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1120	−0.021%	$93K	$495K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1119	−0.141%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0129%	1h	0.1122	+0.198%	$7.6M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0217% / S −0.0750%	1h	0.1120	+0.002%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1119	−0.105%	$909K	$159K	75x	as long as short