POL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%

Price spread now: MEXC against Lighter−0.044%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.221% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.235%−$23 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.044%, 7d avg −0.052%

Together, before fees−0.263%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter POL	0.1094	0.0096	pay 0.0012% / 1h	9m 43s	$278K	$541K	8x
Short	MEXC POL_USDT	0.1094	0.0100	get 0.0050% / 4h	3h 09m	$24.6M	$3.6M	125x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now −0.044%Rate

Slippage from Lighter: live order book, 36 min ago; MEXC: live order book, 4 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, 36 min ago	5.44 bp	5.6 bp −$6	51.3 bp −$513	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.46 bp	3.8 bp −$4	34.2 bp −$342	77.0 bp −$7,703	190.5 bp −$95.3K

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	0.1093	−0.090%	$201K	$199K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1094	+0.024%	$1.2M	$1.2M	50x	as long as short
Gate POL_USDT	−0.0052%	4h	0.1093	−0.071%	$1.8M	$1.4M	75x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1093	−0.051%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1095	+0.072%	$12K	—	150x	as long as short
dYdX POL-USD	+0.0024%	1h	0.1096	+0.165%	$17K	$2K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.556%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0042%	4h	0.1094	−0.007%	$11K	$591K	20x	as long as short
Lighter POLlong	+0.0096%	1h	0.1094	long leg	$278K	$541K	8x
Hyperliquid POL	+0.0100%	1h	0.1095	+0.112%	$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	0.1095	+0.098%	$363K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1093	−0.053%	$16.8M	$40.8M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1093	−0.080%	$15.7M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1093	−0.071%	$5.7M	$9.8M	50x	as long as short
MEXC POL_USDTshort	+0.0100%	4h	0.1094	−0.044%	$24.6M	$3.6M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1094	+0.029%	$2.9M	$964K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1095	+0.075%	$4.0M	$4.3M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1094	−0.016%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	−0.003%	$606K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1095	+0.121%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1097	+0.276%	$195K	$633K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1093	−0.080%	$96K	$275K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1092	−0.169%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1094	+0.037%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1095	+0.112%	$902K	$164K	75x	as long as short