Funding arb · Price arb /

POL

all POL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster+0.046%7-day average −0.009% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$780.779% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.355%+$35 on $10k

Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.046%, 7d avg −0.009%

Together, before fees+0.300%+ Points / potential airdropAster: Stage 5 · farm board+$30 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: KuCoin is 0.055% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster POLUSDT	0.1092	0.0100	pay 0.0050% / 4h	1h 56m	$367K	$168K	20x
Short	KuCoin POLUSDTM	0.1092	0.0100	get 0.0050% / 4h	1h 56m	$2.9M	$761K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → −0.009%: $5.52
Slippage, 4 orders: −$57.92
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$72.39
Costs to cover: 0.779%
Break-even: never at this rate

Slippage from Aster: live order book, 53 min ago; KuCoin: live order book, 3 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 Aster live order book, 53 min ago	2.74 bp	14.5 bp −$14	276.6 bp −$2,766	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	5.49 bp	13.1 bp −$13	100.3 bp −$1,003	doesn't fit	doesn't fit

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	0.1090	−0.183%	$198K	$164K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0345%	1h	0.1093	+0.060%	$1.2M	$930K	50x	as long as short
Orderly PERP_POL_USDC	−0.0183%	4h	0.1091	−0.055%	$10K	$2.6M	20x	as long as short
Gate POL_USDT	−0.0146%	4h	0.1091	−0.064%	$1.8M	$1.0M	75x	as long as short
GRVT POL_USDT_Perp	−0.0066%	4h	0.1092	+0.017%	$1.0M	$2.8M	10x	as long as short
OKX POL-USDT-SWAP	−0.0031%	4h	0.1092	−0.037%	$5.7M	$8.3M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1091	−0.073%	$2K	—	—	as long as short
Bitget POLUSDT	−0.0002%	4h	0.1092	−0.018%	$4.0M	$3.2M	50x	as long as short
dYdX POL-USD	0.0000%	1h	0.1093	+0.069%	$24K	$9K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1093	+0.048%	$9K	—	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	+0.0014%	4h	0.1091	−0.046%	$25.1M	$3.1M	125x	as long as short
Binance POLUSDT	+0.0015%	4h	0.1092	−0.027%	$16.7M	$32.1M	75x	as long as short
Extended POL-USD	+0.0016%	1h	0.1091	−0.058%	$92K	$526K	10x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.740%	$3K	$124K	12x	as long as short
ApeX Omni POLUSDT	+0.0052%	1h	0.1092	0.000%	$154K	$666K	50x	as long as short
BloFin POL-USDT	+0.0059%	4h	0.1091	−0.064%	$895K	$136K	75x	as long as short
Aevo POL-PERP	+0.0080%	1h	0.1093	+0.049%	$40K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1092	−0.017%	$267K	$478K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1094	+0.137%	$7.4M	$3.5M	5x	as long as short
Aster POLUSDTlong	+0.0100%	4h	0.1092	long leg	$367K	$168K	20x
Bybit POLUSDT	+0.0100%	4h	0.1091	−0.064%	$15.7M	$8.6M	75x	as long as short
KuCoin POLUSDTMshort	+0.0100%	4h	0.1092	+0.046%	$2.9M	$761K	50x
BingX POL-USDC	+0.0100%	4h	0.1092	−0.009%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1091	−0.074%	$603K	$163K	—	as long as short
GMX POL/USD [ETH-USDC]	L +0.0164% / S −0.0294%	1h	0.1092	+0.037%	$3K	—	100x	as long as short