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 +0.023%

Price spread now: Aster against Gate+0.032%7-day average +0.080% · 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−$87as in the Price arb table

costs, in and out, $10k−$820.824% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.353%−$35 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.032%, 7d avg +0.080%

Together, before fees−0.291%+ Points / potential airdropAster: Stage 5 · farm board−$29 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: Aster is 0.048% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1116	0.0100	pay 0.0050% / 4h	2h 35m	$1.9M	$1.4M	75x
Short	Aster POLUSDT	0.1116	0.0100	get 0.0050% / 4h	2h 35m	$371K	$383K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.080%: −$4.81
Slippage, 4 orders: −$59.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$87.19
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Aster: live order book, 51 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 Gate live order book, 2 min ago	4.03 bp	19.4 bp −$19	237.8 bp −$2,378	doesn't fit	doesn't fit
Sell Aster live order book, 51 min ago	6.71 bp	18.1 bp −$18	280.8 bp −$2,808	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
ApeX Omni POLUSDT	−0.0154%	1h	0.1113	−0.233%	$197K	$661K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0080%	1h	0.1111	−0.412%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1116	+0.047%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0036%	4h	0.1116	+0.018%	$11K	$209K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1115	−0.030%	$3K	—	—	as long as short
dYdX POL-USD	+0.0004%	1h	0.1116	+0.032%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1116	+0.054%	$22K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.412%	$3K	$124K	12x	as long as short
GRVT POL_USDT_Perp	+0.0064%	4h	0.1112	−0.350%	$1.1M	$3.5M	10x	as long as short
Lighter POL	+0.0096%	1h	0.1117	+0.082%	$312K	$559K	8x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0098%	4h	0.1116	+0.054%	$5.8M	$12.1M	50x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1118	+0.251%	$7.6M	$4.6M	5x	as long as short
Aster POLUSDTshort	+0.0100%	4h	0.1116	+0.032%	$371K	$383K	20x
Binance POLUSDT	+0.0100%	4h	0.1116	+0.063%	$17.0M	$51.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1116	+0.009%	$16.1M	$16.4M	75x	as long as short
Gate POL_USDTlong	+0.0100%	4h	0.1116	long leg	$1.9M	$1.4M	75x
MEXC POL_USDT	+0.0100%	4h	0.1116	+0.054%	$23.4M	$4.0M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1116	+0.045%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1116	+0.072%	$4.1M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1117	+0.090%	—	$7.3M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1111	−0.385%	$657K	$211K	—	as long as short
Extended POL-USD	+0.0104%	1h	0.1115	−0.012%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1114	−0.128%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1116	+0.065%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1115	−0.009%	$905K	$168K	75x	as long as short