POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.059%

Price spread now: Binance against BloFin+0.288%111s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.504% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 4 days (all we have)+0.203%+$20 · spread now +0.288%, 7d avg +0.025%

Together, before fees−0.060%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.263% dearer against BloFin than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of +0.025%): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin POL-USDT	0.1096	0.0340	pay 0.0170% / 4h	3h 31m	$906K	$164K	75x
Short	Binance POLUSDT	0.1099	0.0100	get 0.0050% / 4h	3h 31m	$16.9M	$40.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.288%Rate

Funding earned: −$50.4
Price spread: +0.288% → +0.025%: $26.29
Slippage, 4 orders: −$28.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$74.54
Costs to cover: 0.504%
Break-even: never at this rate

Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 11 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 BloFin live order book, 1 min ago	0.91 bp	7.5 bp −$7	11.6 bp −$116	59.0 bp −$5,896	doesn't fit
Sell Binance live order book, 11 min ago	1.37 bp	13.8 bp −$14	28.4 bp −$284	132.4 bp −$13.2K	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
Coinbase International POL-PERP-INTX	−0.0512%	1h	0.1095	−0.091%	$202K	$198K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1100	+0.342%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1099	+0.274%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1098	+0.174%	$17K	$2K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1100	+0.327%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.369%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0043%	4h	0.1100	+0.328%	$11K	$433K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1098	+0.182%	$279K	$540K	8x	as long as short
Gate POL_USDT	+0.0096%	4h	0.1097	+0.073%	$1.8M	$1.4M	75x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1099	+0.280%	$365K	$247K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance POLUSDTshort	+0.0100%	4h	0.1099	+0.288%	$16.9M	$40.9M	75x
Bybit POLUSDT	+0.0100%	4h	0.1099	+0.292%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1099	+0.310%	$5.7M	$10.0M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1099	+0.292%	$24.8M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1098	+0.182%	$2.9M	$966K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1099	+0.310%	$4.1M	$4.3M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1099	+0.265%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1097	+0.101%	$607K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1097	+0.049%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1098	+0.182%	$195K	$635K	50x	as long as short
Hyperliquid POL	+0.0102%	1h	0.1101	+0.456%	$7.5M	$3.7M	5x	as long as short
Extended POL-USD	+0.0104%	1h	0.1099	+0.290%	$91K	$450K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1099	+0.228%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1100	+0.339%	$3K	—	100x	as long as short
BloFin POL-USDTlong	+0.0340%	4h	0.1096	long leg	$906K	$164K	75x