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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0479%/8h= −52.5% APRpaid last 24h −0.067%
Price spread now: Kraken Futures against Variational Omni+0.098%7-day average +0.104% · you sell dearer than you buy
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 4 days (all we have)−0.199%−$20 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.098%, 7d avg +0.104%
Together, before fees−0.355%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni POL0.10930.0100pay 0.0050% / 4h1h 54m$604K$167K
ShortKraken Futures PF_POLUSD0.1094−0.0379pay 0.0047% / 1h54m 43s$1.2M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$100.62
Price spread: +0.098% → +0.104%
−$0.62
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$111.23
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Kraken Futures: live order book, 4 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 Variational Omni RFQ quote, 54 min ago9.16 bpdoesn't fit27.5 bp −$275doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago5.02 bp20.9 bp −$2148.8 bp −$488doesn'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−0.0472%1h0.1092−0.060%$202K$203K50xas long as short
Kraken Futures PF_POLUSDshort−0.0379%1h0.1094+0.098%$1.2M$1.0M50x
Gate POL_USDT−0.0220%4h0.1092−0.060%$1.8M$1.3M75xas long as short
Reya POLRUSDPERP−0.0006%1h0.1093−0.010%$2Kas long as short
dYdX POL-USD0.0000%1h0.1094+0.103%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1094+0.093%$12K150xas long as short
Orderly PERP_POL_USDC+0.0031%4h0.1093+0.013%$11K$1.1M20xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.679%$3K$124K12xas long as short
ApeX Omni POLUSDT+0.0044%1h0.1095+0.214%$194K$634K50xas long as short
Lighter POL+0.0096%1h0.1093+0.018%$276K$542K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1094+0.150%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1093+0.034%$362K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1092−0.015%$16.7M$37.8M75xas long as short
Bybit POLUSDT+0.0100%4h0.1093−0.005%$15.7M$10.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1092−0.024%$5.7M$9.6M50xas long as short
MEXC POL_USDT+0.0100%4h0.1093−0.005%$24.6M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1093+0.013%$2.9M$938K50xas long as short
Bitget POLUSDT+0.0100%4h0.1093+0.022%$4.0M$4.1M50xas long as short
BingX POL-USDC+0.0100%4h0.1093+0.004%$1.7Mas long as short
Variational Omni POLlong+0.0100%4h0.1093long leg$604K$167K
GRVT POL_USDT_Perp+0.0100%4h0.1093+0.058%$1.1M$2.8M10xas long as short
Extended POL-USD+0.0104%1h0.1092−0.017%$91K$268K10xas long as short
Aevo POL-PERP+0.0104%1h0.1091−0.106%$40K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0210% / S −0.0388%1h0.1093+0.074%$3K100xas long as short
BloFin POL-USDT+0.0340%4h0.1093+0.059%$896K$153K75xas long as short