POL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.162%

Price spread now: BingX against Coinbase International+0.391%7-day average +0.373% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1981.983% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.574%+$57 on $10k

Price spread, last 3 days (all we have)+0.575%+$58 · spread now +0.391%, 7d avg +0.373%

Together, before fees+1.149%+$115 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.373%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International POL-PERP-INTX	0.1099	−0.0312	get 0.0039% / 1h	2m 03s	$202K	$202K	50x
Short	BingX POL-USDC	0.1103	0.0100	get 0.0050% / 4h	2h 02m	—	$1.6M	—

Funding history

latest

Range statsloading…

BingX against Coinbase International. 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 Coinbase InternationalbpFee BingXbpOrdersPrice spread, now +0.391%Rate

Slippage from Coinbase International: live order book, 1 min ago; BingX: live order book, 14 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 1 min ago	13.63 bp	35.6 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	4.54 bp	65.0 bp −$65	361.9 bp −$3,619	1155.2 bp −$115.5K	doesn't fit

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-INTXlong	−0.0312%	1h	0.1099	long leg	$202K	$202K	50x
Reya POLRUSDPERP	−0.0006%	1h	0.1103	+0.320%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1103	+0.346%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	+0.400%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.092%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0047%	4h	0.1103	+0.355%	$11K	$309K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1103	+0.397%	$285K	$577K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1104	+0.433%	$367K	$276K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1103	+0.365%	$17.1M	$42.7M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1103	+0.328%	$16.0M	$11.8M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0100%	4h	0.1103	+0.364%	$5.7M	$10.2M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1102	+0.264%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1103	+0.373%	$23.8M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1103	+0.373%	$2.9M	$975K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1103	+0.382%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDCshort	+0.0100%	4h	0.1103	+0.391%	—	$1.6M	—
Variational Omni POL	+0.0100%	4h	0.1100	+0.124%	$609K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1101	+0.202%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1101	+0.182%	$195K	$636K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1103	+0.338%	$92K	$446K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1102	+0.273%	$40K	—	3x	as long as short
Kraken Futures PF_POLUSD	+0.0117%	1h	0.1104	+0.443%	$1.2M	$1.2M	50x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1104	+0.414%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0246%	1h	0.1105	+0.564%	$7.4M	$3.7M	5x	as long as short