POL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%

Price spread now: Lighter against GRVT+0.038%78s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as 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−$500.495% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.254%+$25 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.038%, 7d avg +0.021%

Together, before fees+0.381%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT POL_USDT_Perp	0.1097	0.0100	pay 0.0050% / 4h	3h 32m	$1.1M	$2.8M	10x
Short	Lighter POL	0.1098	0.0096	get 0.0012% / 1h	32m 19s	$279K	$540K	8x

Funding history

latest

Range statsloading…

Lighter against GRVT. 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 GRVTbpFee LighterbpOrdersPrice spread, now +0.038%Rate

Slippage from GRVT: live order book, 1 min ago; Lighter: live order book, 13 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 1 min ago	1.37 bp	14.1 bp −$14	51.4 bp −$514	doesn't fit	doesn't fit
Sell Lighter live order book, 13 min ago	5.44 bp	8.4 bp −$8	75.1 bp −$751	doesn't fit	doesn't fit

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	−0.210%	$202K	$198K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1098	+0.036%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1097	−0.036%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1098	+0.055%	$17K	$2K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1098	+0.053%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.249%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0043%	4h	0.1098	+0.046%	$11K	$428K	20x	as long as short
Gate POL_USDT	+0.0066%	4h	0.1096	−0.091%	$1.8M	$1.4M	75x	as long as short
Lighter POLshort	+0.0096%	1h	0.1098	+0.038%	$279K	$540K	8x
Aster POLUSDT	+0.0100%	4h	0.1098	+0.061%	$364K	$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 POLUSDT	+0.0100%	4h	0.1098	+0.046%	$16.9M	$41.0M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1097	0.000%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1098	+0.018%	$5.7M	$10.0M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1098	+0.046%	$24.7M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1098	+0.027%	$2.9M	$966K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1097	+0.009%	$4.0M	$4.3M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1097	+0.009%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1097	−0.017%	$607K	$206K	—	as long as short
GRVT POL_USDT_Perplong	+0.0100%	4h	0.1097	long leg	$1.1M	$2.8M	10x
ApeX Omni POLUSDT	+0.0100%	1h	0.1098	+0.064%	$195K	$635K	50x	as long as short
Hyperliquid POL	+0.0101%	1h	0.1099	+0.146%	$7.4M	$3.7M	5x	as long as short
Extended POL-USD	+0.0104%	1h	0.1097	−0.002%	$91K	$450K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1096	−0.073%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1098	+0.063%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1096	−0.118%	$906K	$164K	75x	as long as short