POL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.034%

Price spread now: MEXC against Gate+0.091%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.091%, 7d avg +0.038%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.053% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1096	−0.0064	get 0.0032% / 4h	3h 35m	$1.8M	$1.2M	75x
Short	MEXC POL_USDT	0.1097	0.0034	get 0.0017% / 4h	3h 35m	$25.2M	$3.4M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.091%Rate

Funding earned: $20.58
Price spread: +0.091% → +0.038%: $5.29
Slippage, 4 orders: −$37.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.84
Costs to cover: 0.527%
Break-even: 16.1 days

Slippage from Gate: live order book, 2 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 Gate live order book, 2 min ago	5.02 bp	19.3 bp −$19	200.1 bp −$2,001	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.74 bp	8.5 bp −$8	21.5 bp −$215	86.2 bp −$8,623	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	0.1095	−0.064%	$199K	$180K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0474%	1h	0.1097	+0.081%	$1.2M	$974K	50x	as long as short
Bybit POLUSDT	−0.0282%	4h	0.1096	+0.064%	$15.8M	$9.4M	75x	as long as short
ApeX Omni POLUSDT	−0.0106%	1h	0.1097	+0.119%	$155K	$662K	50x	as long as short
Orderly PERP_POL_USDC	−0.0097%	4h	0.1096	+0.009%	$11K	$2.3M	20x	as long as short
OKX POL-USDT-SWAP	−0.0077%	4h	0.1097	+0.082%	$5.7M	$9.3M	50x	as long as short
Gate POL_USDTlong	−0.0064%	4h	0.1096	long leg	$1.8M	$1.2M	75x
GRVT POL_USDT_Perp	−0.0028%	4h	0.1095	−0.027%	$1.0M	$2.9M	10x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1096	−0.016%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1097	+0.099%	$9K	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX POL-USD	+0.0023%	1h	0.1098	+0.176%	$19K	$4K	5x	as long as short
Extended POL-USD	+0.0032%	1h	0.1096	+0.055%	$91K	$521K	10x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.396%	$3K	$124K	12x	as long as short
MEXC POL_USDTshort	+0.0034%	4h	0.1097	+0.091%	$25.2M	$3.4M	125x
Binance POLUSDT	+0.0035%	4h	0.1097	+0.100%	$16.7M	$35.4M	75x	as long as short
Aevo POL-PERP	+0.0088%	1h	0.1095	−0.077%	$40K	—	3x	as long as short
Lighter POL	+0.0096%	1h	0.1096	+0.067%	$274K	$539K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1098	+0.246%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1097	+0.104%	$363K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1098	+0.164%	$2.9M	$871K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1097	+0.082%	$4.0M	$3.8M	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	0.1096	+0.006%	$606K	$167K	—	as long as short
BloFin POL-USDT	+0.0141%	4h	0.1096	+0.027%	$896K	$145K	75x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1097	+0.111%	$3K	—	100x	as long as short