POL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.060%

Price spread now: MEXC against BloFin+0.143%79s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.291% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 3 days (all we have)+0.417%+$42 · spread now +0.143%, 7d avg +0.019%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.124% dearer against BloFin than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.019%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.238% in total) that is about 3.6 days. The two prices were read 79 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	BloFin POL-USDT	0.1119	0.0340	pay 0.0170% / 4h	1h 45m	$904K	$168K	75x
Short	MEXC POL_USDT	0.1120	0.0100	get 0.0050% / 4h	1h 45m	$23.6M	$3.8M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.143%Rate

Funding earned: −$50.4
Price spread: +0.143% → +0.019%: $12.36
Slippage, 4 orders: −$17.1
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$67.13
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; MEXC: live order book, 3 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, 36 min ago	0.89 bp	8.0 bp −$8	17.0 bp −$170	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.45 bp	4.0 bp −$4	12.3 bp −$123	80.8 bp −$8,084	201.2 bp −$100.6K

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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−0.679%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1111	−0.679%	$202K	$250K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1120	+0.160%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0025%	4h	0.1119	+0.045%	$11K	$203K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	+0.006%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1120	+0.116%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1120	+0.100%	$22K	—	150x	as long as short
Lighter POL	+0.0096%	1h	0.1120	+0.093%	$305K	$563K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1120	+0.111%	$372K	$359K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1121	+0.178%	$17.1M	$51.4M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1120	+0.134%	$16.1M	$16.0M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1121	+0.179%	$5.8M	$12.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1119	+0.045%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDTshort	+0.0100%	4h	0.1120	+0.143%	$23.6M	$3.8M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1119	+0.054%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	+0.161%	$4.2M	$5.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1120	+0.134%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	+0.027%	$661K	$211K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	+0.059%	$1.1M	$3.4M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1119	+0.036%	$198K	$661K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	+0.064%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1118	−0.054%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0180%	1h	0.1122	+0.277%	$7.6M	$4.6M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1119	+0.079%	$3K	—	100x	as long as short
BloFin POL-USDTlong	+0.0340%	4h	0.1119	long leg	$904K	$168K	75x