Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.130%

Price spread now: GMX against Aster+0.116%7-day average — · you sell dearer than you buy

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

Long on Aster Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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 +$9 a day on $10k at the current rate, and GMX is 0.116% dearer against Aster than usual: you sell high and buy low: +$12 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	Aster POLUSDT	0.1080	0.0079	pay 0.0040% / 4h	1h 30m	$363K	$164K	20x
Short	GMX POL/USD [ETH-USDC]	0.1081	L +0.0202% / S −0.0373%	get 0.0047% / 1h	30m 05s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now +0.116%Rate

Funding earned: $61.84
Price spread: +0.116% → 0.000%: $11.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $53.43
Costs to cover: 0.200%
Break-even: 1.0 days

Slippage unknown: Aster: live order book, 15 min ago; GMX: no order-book sample. 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 Aster live order book, 15 min ago	0.46 bp	13.7 bp −$14	283.6 bp −$2,836	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 exchanges

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	−0.0624%	1h	0.1076	−0.346%	$195K	$164K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0349%	1h	0.1080	+0.050%	$1.1M	$959K	50x	as long as short
Orderly PERP_POL_USDC	−0.0193%	4h	0.1080	+0.034%	$10K	$2.6M	20x	as long as short
Gate POL_USDT	−0.0118%	4h	0.1079	−0.078%	$1.8M	$1.0M	75x	as long as short
GRVT POL_USDT_Perp	−0.0082%	4h	0.1078	−0.168%	$1.0M	$2.7M	10x	as long as short
Bitget POLUSDT	−0.0012%	4h	0.1080	+0.071%	$3.9M	$3.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1080	−0.018%	$2K	—	—	as long as short
OKX POL-USDT-SWAP	−0.0004%	4h	0.1080	+0.034%	$5.6M	$8.2M	50x	as long as short
dYdX POL-USD	0.0000%	1h	0.1080	−0.001%	$23K	$9K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1079	−0.035%	$8K	—	150x	as long as short

Show all 25 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC POL_USDT	+0.0004%	4h	0.1080	+0.071%	$24.8M	$3.2M	125x	as long as short
Binance POLUSDT	+0.0004%	4h	0.1080	+0.059%	$16.4M	$31.8M	75x	as long as short
Extended POL-USD	+0.0008%	1h	0.1080	+0.030%	$90K	$528K	10x	as long as short
BloFin POL-USDT	+0.0010%	4h	0.1079	−0.096%	$890K	$133K	75x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+2.895%	$3K	$124K	12x	as long as short
Bybit POLUSDT	+0.0058%	4h	0.1079	−0.031%	$15.3M	$8.8M	75x	as long as short
BingX POL-USDT	+0.0076%	4h	0.1080	+0.034%	—	$7.1M	—	as long as short
Aster POLUSDTlong	+0.0079%	4h	0.1080	long leg	$363K	$164K	20x
Aevo POL-PERP	+0.0080%	1h	0.1079	−0.115%	$39K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1080	+0.029%	$263K	$486K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1082	+0.182%	$7.3M	$3.5M	5x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1080	−0.013%	$3.1M	$793K	50x	as long as short
Variational Omni POL	+0.0100%	4h	0.1078	−0.171%	$597K	$161K	—	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1081	+0.117%	$153K	$662K	50x	as long as short
GMX POL/USD [ETH-USDC]short	L +0.0202% / S −0.0373%	1h	0.1081	+0.116%	$3K	—	100x