Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.053%
Price spread now: Aster against Orderly−0.102%7-day average +0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)+0.942%+$94 · spread now −0.102%, 7d avg +0.080%
=Together, before fees+1.022%+ Points / potential airdropAster: Stage 5 · farm board+$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.182% cheaper against Orderly than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.080%). If the spread goes back, that is −$18 on $10k: about 10 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1106 | 0.0041 | pay 0.0021% / 4h | 3h 53m | $11K | $243K | 20x |
| Short | Aster POLUSDT | 0.1105 | 0.0100 | get 0.0050% / 4h | 3h 53m | $367K | $247K | 20x |
Orderly PERP_POL_USDC
Aster POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- $12.37
- Price spread: −0.102% → +0.080%
- −$18.2
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$19.83
- Costs to cover
- 0.140%
- Break-even
- 18.2 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 64 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 64 min ago | 7.28 bp | 21.6 bp −$22 | 302.7 bp −$3,027 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0512% | 1h | 0.1098 | −0.696% | $202K | $198K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0139% | 1h | 0.1103 | −0.235% | $1.2M | $1.2M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1105 | −0.095% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | −0.244% | $17K | $2K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1106 | +0.014% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.479% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDClong | +0.0041% | 4h | 0.1106 | long leg | $11K | $243K | 20x | |
| ApeX Omni POLUSDT | +0.0046% | 1h | 0.1102 | −0.335% | $195K | $638K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1104 | −0.174% | $281K | $540K | 8x | as long as short |
| Aster POLUSDTshort | +0.0100% | 4h | 0.1105 | −0.102% | $367K | $247K | 20x |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1106 | −0.007% | $17.1M | $41.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1105 | −0.036% | $15.9M | $11.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1106 | +0.036% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1103 | −0.226% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1105 | −0.036% | $24.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1104 | −0.127% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1105 | −0.072% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1105 | −0.027% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.483% | $609K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1101 | −0.452% | $1.1M | $2.8M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1106 | −0.010% | $92K | $455K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1105 | −0.109% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0117% | 1h | 0.1106 | +0.072% | $7.5M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1106 | +0.010% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1101 | −0.407% | $911K | $169K | 75x | as long as short |
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT