Funding you earn now, next payment 00:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.082%
Price spread now: Aster against Orderly+0.026%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.484%+$48 · spread now +0.026%, 7d avg +0.079%
=Together, before fees+0.560%+ Points / potential airdropAster: Stage 5 · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.053% cheaper against Orderly than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.079%). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day). At the pace of the last 5 days (+0.076% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1126 | −0.0002 | get 0.0001% / 4h | 52m 00s | $11K | $193K | 20x |
| Short | Aster POLUSDT | 0.1126 | 0.0100 | get 0.0050% / 4h | 52m 00s | $374K | $360K | 20x |
Orderly PERP_POL_USDC
Aster POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21.42
- Price spread: +0.026% → +0.079%
- −$5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $2.08
- Costs to cover
- 0.140%
- Break-even
- 6.3 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 25 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 25 min ago | 7.11 bp | 16.4 bp −$16 | 274.5 bp −$2,745 | doesn't fit | doesn't fit |
Orderly: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1122 | −0.346% | $205K | $226K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1127 | +0.062% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1126 | 0.000% | $3K | — | — | as long as short |
| Orderly PERP_POL_USDClong | −0.0002% | 4h | 0.1126 | long leg | $11K | $193K | 20x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1127 | +0.061% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0007% | 1h | 0.1127 | +0.109% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.323% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1126 | +0.034% | $300K | $571K | 8x | as long as short |
| Aster POLUSDTshort | +0.0100% | 4h | 0.1126 | +0.026% | $374K | $360K | 20x | |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | +0.018% | $17.4M | $50.7M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
Lighter POL
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1125 | −0.071% | $16.2M | $15.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | −0.018% | $5.8M | $12.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1127 | +0.080% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1126 | +0.009% | $24.5M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1126 | +0.036% | $2.8M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1127 | +0.071% | $4.2M | $5.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1126 | +0.009% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1126 | −0.027% | $665K | $189K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1127 | +0.124% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | +0.098% | $199K | $657K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | −0.002% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.139% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1127 | +0.078% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0327% | 1h | 0.1128 | +0.213% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.062% | $912K | $170K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT