Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: Binance against Variational Omni+0.017%7-day average +0.051% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.103%−$10 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.017%, 7d avg +0.051%

Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · farm board−$11 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: Binance is 0.034% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POL	0.1125	0.0100	pay 0.0050% / 4h	49m 59s	$665K	$189K	—
Short	Binance POLUSDT	0.1125	0.0100	get 0.0050% / 4h	49m 59s	$17.4M	$50.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.051%: −$3.37
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Binance: live order book, 7 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 Variational Omni RFQ quote, 29 min ago	4.44 bp	doesn't fit	40.0 bp −$400	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.44 bp	11.4 bp −$11	20.7 bp −$207	117.5 bp −$11.7K	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	−0.0128%	1h	0.1122	−0.276%	$205K	$226K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1126	+0.059%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1126	+0.037%	$3K	—	—	as long as short
Orderly PERP_POL_USDC	−0.0001%	4h	0.1125	−0.001%	$11K	$193K	20x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1126	+0.087%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0006%	1h	0.1127	+0.180%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−1.254%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1126	+0.053%	$300K	$572K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1125	+0.011%	$374K	$360K	20x	as long as short
Binance POLUSDTshort	+0.0100%	4h	0.1125	+0.017%	$17.4M	$50.6M	75x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1124	−0.063%	$16.2M	$15.4M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1125	+0.008%	$5.8M	$12.0M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1127	+0.141%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1125	+0.026%	$24.5M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1125	+0.035%	$2.9M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1126	+0.106%	$4.2M	$5.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1125	−0.010%	—	$7.2M	—	as long as short
Variational Omni POLlong	+0.0100%	4h	0.1125	long leg	$665K	$189K	—
GRVT POL_USDT_Perp	+0.0100%	4h	0.1127	+0.195%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1128	+0.257%	$200K	$657K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1125	−0.003%	$94K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1124	−0.135%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1126	+0.113%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0333%	1h	0.1127	+0.205%	$7.6M	$4.0M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1127	+0.132%	$913K	$170K	75x	as long as short