POL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.007%

Price spread now: Bybit against Variational Omni−0.017%7-day average +0.018% · you buy dearer than you sell

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

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now −0.017%, 7d avg +0.018%

Together, before fees−0.205%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POL	0.1101	0.0100	pay 0.0050% / 4h	3h 12m	$609K	$167K	—
Short	Bybit POLUSDT	0.1101	−0.0028	pay 0.0014% / 4h	3h 12m	$15.8M	$9.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$26.93
Price spread: −0.017% → +0.018%: −$3.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.44
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Bybit: live order book, 1 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, 21 min ago	9.13 bp	doesn't fit	27.4 bp −$274	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.45 bp	12.5 bp −$13	27.2 bp −$272	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	−0.0600%	1h	0.1100	−0.108%	$200K	$181K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0471%	1h	0.1102	+0.032%	$1.2M	$994K	50x	as long as short
Gate POL_USDT	−0.0232%	4h	0.1101	+0.010%	$1.8M	$1.2M	75x	as long as short
Orderly PERP_POL_USDC	−0.0116%	4h	0.1101	−0.035%	$11K	$2.4M	20x	as long as short
OKX POL-USDT-SWAP	−0.0077%	4h	0.1101	+0.010%	$5.7M	$9.2M	50x	as long as short
GRVT POL_USDT_Perp	−0.0030%	4h	0.1103	+0.191%	$1.1M	$2.9M	10x	as long as short
Bybit POLUSDTshort	−0.0028%	4h	0.1101	−0.017%	$15.8M	$9.3M	75x
Reya POLRUSDPERP	−0.0006%	1h	0.1101	−0.038%	$3K	—	—	as long as short
ApeX Omni POLUSDT	−0.0006%	1h	0.1105	+0.346%	$156K	$661K	50x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1102	+0.070%	$9K	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC POL_USDT	+0.0004%	4h	0.1101	−0.026%	$25.3M	$3.4M	125x	as long as short
Binance POLUSDT	+0.0005%	4h	0.1101	+0.001%	$16.8M	$35.1M	75x	as long as short
Extended POL-USD	+0.0008%	1h	0.1101	−0.043%	$92K	$521K	10x	as long as short
BloFin POL-USDT	+0.0022%	4h	0.1101	−0.045%	$893K	$145K	75x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.891%	$3K	$124K	12x	as long as short
Aevo POL-PERP	+0.0080%	1h	0.1101	+0.028%	$40K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1101	+0.005%	$272K	$544K	8x	as long as short
Variational Omni POLlong	+0.0100%	4h	0.1101	long leg	$609K	$167K	—
Hyperliquid POL	+0.0100%	1h	0.1103	+0.137%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1102	+0.094%	$365K	$172K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1101	−0.008%	$2.9M	$812K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1101	+0.001%	$4.0M	$3.7M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1101	+0.001%	—	$1.6M	—	as long as short
dYdX POL-USD	+0.0136%	1h	0.1103	+0.156%	$23K	$8K	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0164% / S −0.0294%	1h	0.1102	+0.049%	$3K	—	100x	as long as short