POL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.172%

Price spread now: MEXC against Coinbase International+0.410%7-day average +0.391% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$680.680% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.314%+$31 on $10k

Price spread, last 3 days (all we have)+1.001%+$100 · spread now +0.410%, 7d avg +0.391%

Together, before fees+1.315%+$131 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.391%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International POL-PERP-INTX	0.1122	−0.0128	get 0.0016% / 1h	56m 38s	$205K	$236K	50x
Short	MEXC POL_USDT	0.1127	0.0100	get 0.0050% / 4h	56m 38s	$24.2M	$3.8M	125x

Funding history

latest

Range statsloading…

MEXC against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee MEXCbpOrdersPrice spread, now +0.410%Rate

Slippage from Coinbase International: live order book, 21 min ago; MEXC: live order book, 7 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 21 min ago	8.88 bp	22.5 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	2.22 bp	4.4 bp −$4	9.6 bp −$96	70.5 bp −$7,049	200.5 bp −$100.2K

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-INTXlong	−0.0128%	1h	0.1122	long leg	$205K	$236K	50x
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1128	+0.530%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1126	+0.346%	$3K	—	—	as long as short
Orderly PERP_POL_USDC	−0.0006%	4h	0.1126	+0.392%	$11K	$194K	20x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1127	+0.401%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0017%	1h	0.1126	+0.351%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.980%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1127	+0.422%	$301K	$570K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1127	+0.403%	$374K	$360K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1127	+0.437%	$17.4M	$50.7M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1126	+0.374%	$16.2M	$15.5M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1127	+0.481%	$5.8M	$12.0M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1126	+0.383%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDTshort	+0.0100%	4h	0.1127	+0.410%	$24.2M	$3.8M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1127	+0.428%	$2.8M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1127	+0.446%	$4.2M	$5.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1127	+0.419%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1123	+0.107%	$664K	$189K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1126	+0.316%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1126	+0.357%	$199K	$657K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1126	+0.380%	$94K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1126	+0.357%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1127	+0.421%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1127	+0.401%	$915K	$170K	75x	as long as short
Hyperliquid POL	+0.0364%	1h	0.1129	+0.615%	$7.7M	$4.0M	5x	as long as short