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: BloFin against MEXC−0.046%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.250%−$25 · spread now −0.046%, 7d avg −0.022%
=Funding pays, the price is against you. BloFin is 0.023% cheaper against MEXC than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.022%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POL_USDT | 0.1095 | 0.0100 | pay 0.0050% / 4h | 42m 27s | $25.1M | $3.3M | 125x |
| Short | BloFin POL-USDT | 0.1095 | 0.0340 | get 0.0170% / 4h | 42m 27s | $898K | $146K | 75x |
MEXC POL_USDT
BloFin POL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: −0.046% → −0.022%
- −$2.34
- Slippage, 4 orders
- −$27.08
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $8.98
- Costs to cover
- 0.391%
- Break-even
- 5.8 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 39 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 MEXC live order book, 1 min ago | 0.46 bp | 3.5 bp −$3 | 10.5 bp −$105 | 76.0 bp −$7,598 | 204.7 bp −$102.4K |
| Sell BloFin live order book, 39 min ago | 0.46 bp | 18.7 bp −$19 | 28.5 bp −$285 | 81.7 bp −$8,170 | 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 | −0.0544% | 1h | 0.1090 | −0.484% | $202K | $179K | 50x | as long as short |
| Gate POL_USDT | −0.0278% | 4h | 0.1095 | −0.046% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0233% | 1h | 0.1095 | −0.018% | $1.2M | $995K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0024% | 4h | 0.1096 | +0.091% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0012% | 4h | 0.1095 | +0.009% | $11K | $1.7M | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1096 | +0.069% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | +0.035% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1096 | +0.057% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.433% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1096 | +0.027% | $277K | $543K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1097 | +0.119% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1096 | +0.071% | $363K | $169K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1096 | +0.027% | $16.7M | $36.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1096 | +0.027% | $15.8M | $9.5M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1095 | long leg | $25.1M | $3.3M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1095 | 0.000% | $2.9M | $918K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1096 | +0.100% | $4.1M | $3.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1096 | +0.037% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1095 | −0.051% | $605K | $166K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1095 | −0.056% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1095 | −0.027% | $194K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1095 | 0.000% | $91K | $522K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1096 | +0.032% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1096 | +0.077% | $3K | — | 100x | as long as short |
| BloFin POL-USDTshort | +0.0340% | 4h | 0.1095 | −0.046% | $898K | $146K | 75x |
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]