Funding you earn now, next payment 22:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.377%
Price spread now: dYdX against MEXC−0.058%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.058% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POL_USDT | 0.1120 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $23.5M | $4.0M | 125x |
| Short | dYdX POL-USD | 0.1119 | 0.0003 | get 0.0000% / 1h | 26m 52s | $17K | $3K | 5x |
MEXC POL_USDT
dYdX POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$20.42
- Price spread: −0.058% → 0.000%
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; dYdX: no order-book sample. Net counts fees only.
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, 2 min ago | 0.45 bp | 3.1 bp −$3 | 8.8 bp −$88 | 65.5 bp −$6,551 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0080% | 1h | 0.1111 | −0.768% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1121 | +0.095% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0033% | 4h | 0.1119 | −0.027% | $11K | $208K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1119 | −0.012% | $3K | — | — | as long as short |
| dYdX POL-USDshort | +0.0003% | 1h | 0.1119 | −0.058% | $17K | $3K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1120 | +0.043% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.768% | $3K | $124K | 12x | as long as short |
| ApeX Omni POLUSDT | +0.0072% | 1h | 0.1115 | −0.411% | $197K | $661K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1120 | +0.012% | $313K | $560K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1122 | +0.196% | $7.6M | $4.6M | 5x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
Lighter POL
Hyperliquid POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1120 | −0.004% | $372K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1119 | −0.015% | $17.1M | $51.8M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1119 | −0.054% | $16.1M | $16.5M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1120 | 0.000% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.027% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1120 | long leg | $23.5M | $4.0M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1120 | +0.045% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1120 | +0.009% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1120 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1115 | −0.402% | $658K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1116 | −0.328% | $1.1M | $3.4M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1119 | −0.021% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1119 | −0.054% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1120 | +0.058% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.054% | $905K | $168K | 75x | as long as short |
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT