Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Aster against MEXC−0.096%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.243%−$24 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.096%, 7d avg +0.042%

Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.138% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POL_USDT	0.1106	0.0100	pay 0.0050% / 4h	1h 11m	$24.5M	$3.6M	125x
Short	Aster POLUSDT	0.1105	0.0100	get 0.0050% / 4h	1h 11m	$367K	$269K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.096%Rate

Funding earned: $0
Price spread: −0.096% → +0.042%: −$13.84
Slippage, 4 orders: −$53.23
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$75.08
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 51 min ago.

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 MEXC live order book, 3 min ago	0.45 bp	2.3 bp −$2	8.1 bp −$81	74.7 bp −$7,468	doesn't fit
Sell Aster live order book, 51 min ago	7.25 bp	18.0 bp −$18	269.4 bp −$2,694	doesn't fit	doesn't fit

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
Coinbase International POL-PERP-INTX	−0.0464%	1h	0.1103	−0.298%	$203K	$199K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1105	−0.094%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1105	−0.110%	$17K	$1K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1106	−0.012%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.425%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0042%	4h	0.1106	−0.063%	$11K	$271K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1106	−0.014%	$285K	$565K	8x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1105	−0.096%	$367K	$269K	20x
Binance POLUSDT	+0.0100%	4h	0.1106	+0.010%	$17.2M	$42.0M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1106	−0.009%	$15.9M	$11.8M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0100%	4h	0.1106	−0.027%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1105	−0.154%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDTlong	+0.0100%	4h	0.1106	long leg	$24.5M	$3.6M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1105	−0.108%	$2.9M	$973K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1106	0.000%	$4.2M	$4.6M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1106	−0.045%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1104	−0.218%	$611K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1105	−0.127%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1105	−0.118%	$196K	$634K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1106	−0.040%	$92K	$448K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1105	−0.072%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1106	−0.011%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0230%	1h	0.1108	+0.181%	$7.5M	$3.7M	5x	as long as short
Kraken Futures PF_POLUSD	+0.0259%	1h	0.1107	+0.085%	$1.2M	$1.2M	50x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1105	−0.163%	$916K	$167K	75x	as long as short