Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.053%
Price spread now: Aster against BloFin+0.204%92s7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.499%−$50 on $10k
Price spread, last 4 days (all we have)+1.492%+$149 · spread now +0.204%, 7d avg +0.062%
Together, before fees+0.993%+ Points / potential airdropAster: Stage 5 · farm board+$99 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.142% dearer against BloFin than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of +0.062%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin POL-USDT0.11040.0340pay 0.0170% / 4h1h 31m$912K$166K75x
ShortAster POLUSDT0.11060.0100get 0.0050% / 4h1h 31m$368K$269K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Funding earned
−$50.4
Price spread: +0.204% → +0.062%
$14.16
Slippage, 4 orders
−$59.42
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$115.66
Costs to cover
0.794%
Break-even
never at this rate
Slippage from BloFin: live order book, 10 min ago; Aster: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 10 min ago1.36 bp9.9 bp −$1020.9 bp −$209doesn't fitdoesn't fit
Sell Aster live order book, 30 min ago7.25 bp18.0 bp −$18269.4 bp −$2,694doesn't fitdoesn't fit

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0464%1h0.1098−0.552%$202K$199K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1105+0.114%$3Kas long as short
dYdX POL-USD0.0000%1h0.1107+0.243%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1106+0.198%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.625%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1105+0.100%$11K$298K20xas long as short
Lighter POL+0.0096%1h0.1106+0.196%$285K$564K8xas long as short
Aster POLUSDTshort+0.0100%4h0.1106+0.204%$368K$269K20x
Binance POLUSDT+0.0100%4h0.1106+0.181%$17.2M$42.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1105+0.127%$16.0M$11.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1106+0.181%$5.7M$10.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1105+0.127%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1106+0.172%$23.9M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1106+0.163%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1106+0.208%$4.2M$4.7M50xas long as short
BingX POL-USDC+0.0100%4h0.1106+0.163%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1103−0.133%$610K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1104+0.027%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1104−0.009%$195K$636K50xas long as short
Extended POL-USD+0.0104%1h0.1106+0.135%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1104−0.009%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1106+0.189%$3K100xas long as short
Hyperliquid POL+0.0222%1h0.1108+0.335%$7.5M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0259%1h0.1106+0.183%$1.2M$1.2M50xas long as short
BloFin POL-USDTlong+0.0340%4h0.1104long leg$912K$166K75x