Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.072%
Price spread now: Variational Omni against Orderly−0.037%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.361%+$36 on $10k
+Price spread, last 4 days (all we have)+0.524%+$52 · spread now −0.037%, 7d avg −0.019%
=Together, before fees+0.885%+ Points / potential airdropVariational Omni: Active · farm board+$89 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1092 | 0.0040 | pay 0.0020% / 4h | 43m 20s | $11K | $263K | 20x |
| Short | Variational Omni POL | 0.1092 | 0.0100 | get 0.0050% / 4h | 43m 20s | $604K | $209K | — |
Orderly PERP_POL_USDC
Variational Omni POLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $12.66
- Price spread: −0.037% → −0.019%
- −$1.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $4.86
- Costs to cover
- 0.060%
- Break-even
- 4.3 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 16 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 Variational Omni RFQ quote, 16 min ago | 9.11 bp | doesn't fit | 36.4 bp −$364 | 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 | −0.0520% | 1h | 0.1091 | −0.101% | $201K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1092 | −0.017% | $2K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1093 | +0.060% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.731% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDClong | +0.0040% | 4h | 0.1092 | long leg | $11K | $263K | 20x | |
| ApeX Omni POLUSDT | +0.0086% | 1h | 0.1093 | +0.082% | $194K | $633K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1093 | +0.040% | $278K | $554K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1093 | +0.063% | $363K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1092 | +0.018% | $16.9M | $42.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1091 | −0.064% | $15.7M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1092 | 0.000% | $5.6M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1092 | +0.009% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1093 | +0.046% | $24.3M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1093 | +0.101% | $2.9M | $976K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1092 | 0.000% | $4.1M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1092 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1092 | −0.037% | $604K | $209K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1093 | +0.062% | $1.1M | $2.7M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1092 | −0.020% | $94K | $453K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1090 | −0.147% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0176% | 1h | 0.1094 | +0.174% | $7.4M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1093 | +0.046% | $3K | — | 100x | as long as short |
| dYdX POL-USD | +0.0231% | 1h | 0.1094 | +0.156% | $17K | $2K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0316% | 1h | 0.1093 | +0.064% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1092 | +0.027% | $907K | $166K | 75x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
dYdX POL-USD
Kraken Futures PF_POLUSD
BloFin POL-USDT