POL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: KuCoin against Lighter−0.009%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$760.765% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.009%, 7d avg −0.018%

Together, before fees−0.060%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter POL	0.1091	0.0096	pay 0.0012% / 1h	1m 17s	$277K	$542K	8x
Short	KuCoin POLUSDTM	0.1090	0.0100	get 0.0050% / 4h	3h 01m	$2.9M	$951K	50x

Funding history

latest

Range statsloading…

KuCoin against Lighter. 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 LighterbpFee KuCoinbpOrdersPrice spread, now −0.009%Rate

Slippage from Lighter: live order book, 44 min ago; KuCoin: live order book, 11 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 44 min ago	5.44 bp	5.6 bp −$6	51.3 bp −$513	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	4.57 bp	30.4 bp −$30	132.8 bp −$1,328	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	0.1089	−0.147%	$201K	$197K	50x	as long as short
Gate POL_USDT	−0.0222%	4h	0.1089	−0.174%	$1.8M	$1.4M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0141%	1h	0.1091	+0.029%	$1.1M	$1.1M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1090	−0.057%	$2K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1091	−0.007%	$12K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.871%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0039%	4h	0.1090	−0.064%	$11K	$644K	20x	as long as short
dYdX POL-USD	+0.0063%	1h	0.1091	0.000%	$18K	$4K	5x	as long as short
Lighter POLlong	+0.0096%	1h	0.1091	long leg	$277K	$542K	8x
Hyperliquid POL	+0.0100%	1h	0.1091	+0.055%	$7.4M	$3.7M	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster POLUSDT	+0.0100%	4h	0.1091	+0.065%	$362K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1091	+0.028%	$16.7M	$39.2M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1090	−0.018%	$15.7M	$10.9M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1091	+0.073%	$5.7M	$9.5M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1091	+0.055%	$24.6M	$3.6M	125x	as long as short
KuCoin POLUSDTMshort	+0.0100%	4h	0.1090	−0.009%	$2.9M	$951K	50x
Bitget POLUSDT	+0.0100%	4h	0.1091	+0.046%	$4.0M	$4.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1091	+0.055%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1093	+0.207%	$605K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1093	+0.215%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1093	+0.220%	$194K	$635K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1090	−0.072%	$96K	$275K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1088	−0.200%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1091	+0.005%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1090	−0.083%	$898K	$164K	75x	as long as short