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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.116%
Price spread now: Variational Omni against Kraken Futures−0.111%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.192%+$19 on $10k
Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.111%, 7d avg −0.108%
Together, before fees+0.361%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_POLUSD0.1121−0.0072get 0.0009% / 1h23m 17s$1.2M$1.8M50x
ShortVariational Omni POL0.11190.0100get 0.0050% / 4h23m 17s$661K$183K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Kraken Futures. 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
$36.04
Price spread: −0.111% → −0.108%
−$0.34
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$25.69
Costs to cover
0.100%
Break-even
2.0 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 5 min ago7.13 bp15.3 bp −$1553.5 bp −$535doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 56 min ago4.44 bpdoesn't fit40.0 bp −$400doesn'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−0.0128%1h0.1118−0.242%$204K$225K50xas long as short
Kraken Futures PF_POLUSDlong−0.0072%1h0.1121long leg$1.2M$1.8M50x
Reya POLRUSDPERP−0.0006%1h0.1119−0.150%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1120−0.038%$24K150xas long as short
Orderly PERP_POL_USDC+0.0009%4h0.1120−0.082%$11K$189K20xas long as short
dYdX POL-USD+0.0017%1h0.1120−0.059%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.867%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1120−0.019%$299K$572K8xas long as short
Aster POLUSDT+0.0100%4h0.1120−0.029%$372K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1121−0.001%$17.3M$50.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1120−0.100%$16.1M$15.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1120−0.046%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1120−0.064%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1119−0.117%$24.2M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1120−0.082%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1120−0.082%$4.2M$5.4M50xas long as short
BingX POL-USDT+0.0100%4h0.1119−0.117%$7.2Mas long as short
Variational Omni POLshort+0.0100%4h0.1119−0.111%$661K$183K
GRVT POL_USDT_Perp+0.0100%4h0.1121−0.001%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120−0.064%$198K$652K50xas long as short
Extended POL-USD+0.0104%1h0.1120−0.086%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1119−0.198%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1120−0.041%$3K100xas long as short
Hyperliquid POL+0.0270%1h0.1121+0.043%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1119−0.171%$911K$168K75xas long as short