POL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.21 per $10,000 · paid last 24h −0.065%

Price spread now: Binance against BloFin+0.046%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.273%−$27 on $10k

Price spread, last 4 days (all we have)+1.433%+$143 · spread now +0.046%, 7d avg +0.022%

Together, before fees+1.161%+$116 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.023% dearer against BloFin than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.022%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.273% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin POL-USDT	0.1092	0.0055	pay 0.0027% / 4h	3h 31m	$895K	$145K	75x
Short	Binance POLUSDT	0.1093	0.0014	get 0.0007% / 4h	3h 31m	$16.6M	$35.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.046%Rate

Funding earned: −$8.64
Price spread: +0.046% → +0.022%: $2.33
Slippage, 4 orders: −$28.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$56.81
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from BloFin: live order book, 46 min ago; Binance: live order book, 11 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 BloFin live order book, 46 min ago	1.38 bp	13.7 bp −$14	18.5 bp −$185	63.7 bp −$6,374	doesn't fit
Sell Binance live order book, 11 min ago	0.91 bp	11.1 bp −$11	25.6 bp −$256	134.0 bp −$13.4K	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	−0.0600%	1h	0.1091	−0.101%	$199K	$179K	50x	as long as short
Bybit POLUSDT	−0.0520%	4h	0.1092	+0.037%	$15.7M	$9.4M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0475%	1h	0.1093	+0.111%	$1.2M	$975K	50x	as long as short
Gate POL_USDT	−0.0382%	4h	0.1094	+0.174%	$1.8M	$1.2M	75x	as long as short
Orderly PERP_POL_USDC	−0.0106%	4h	0.1092	+0.009%	$11K	$2.3M	20x	as long as short
ApeX Omni POLUSDT	−0.0097%	1h	0.1093	+0.082%	$154K	$661K	50x	as long as short
OKX POL-USDT-SWAP	−0.0095%	4h	0.1093	+0.046%	$5.7M	$9.2M	50x	as long as short
GRVT POL_USDT_Perp	−0.0034%	4h	0.1095	+0.294%	$1.0M	$2.9M	10x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1092	−0.016%	$2K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1094	+0.139%	$9K	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance POLUSDTshort	+0.0014%	4h	0.1093	+0.046%	$16.6M	$35.6M	75x
Extended POL-USD	+0.0016%	1h	0.1092	0.000%	$91K	$521K	10x	as long as short
MEXC POL_USDT	+0.0022%	4h	0.1092	+0.037%	$25.1M	$3.4M	125x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.731%	$3K	$124K	12x	as long as short
BloFin POL-USDTlong	+0.0055%	4h	0.1092	long leg	$895K	$145K	75x
Aevo POL-PERP	+0.0088%	1h	0.1093	+0.112%	$40K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1093	+0.076%	$273K	$539K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1095	+0.229%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1094	+0.214%	$362K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1093	+0.119%	$2.8M	$865K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1093	+0.073%	$4.0M	$3.8M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1092	+0.027%	—	$7.1M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1096	+0.336%	$606K	$167K	—	as long as short
GMX POL/USD [ETH-USDC]	L +0.0164% / S −0.0294%	1h	0.1094	+0.144%	$3K	—	100x	as long as short
dYdX POL-USD	+0.0223%	1h	0.1095	+0.246%	$22K	$7K	5x	as long as short