POL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%

Price spread now: Binance against Lighter−0.048%7-day average −0.051% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.381% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.241%−$24 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.048%, 7d avg −0.051%

Together, before fees−0.248%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter POL	0.1102	0.0096	pay 0.0012% / 1h	58m 37s	$285K	$564K	8x
Short	Binance POLUSDT	0.1102	0.0100	get 0.0050% / 4h	1h 58m	$17.1M	$42.5M	75x

Funding history

latest

Range statsloading…

Binance against Lighter. 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 LighterbpFee BinancebpOrdersPrice spread, now −0.048%Rate

Slippage from Lighter: live order book, 62 min ago; Binance: live order book, 13 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 62 min ago	5.77 bp	8.8 bp −$9	48.0 bp −$480	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.45 bp	8.3 bp −$8	27.2 bp −$272	140.1 bp −$14.0K	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-INTX	−0.0464%	1h	0.1099	−0.293%	$202K	$201K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1102	−0.038%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1103	+0.052%	$17K	$1K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	+0.046%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.796%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0046%	4h	0.1102	−0.012%	$11K	$305K	20x	as long as short
Lighter POLlong	+0.0096%	1h	0.1102	long leg	$285K	$564K	8x
Hyperliquid POL	+0.0100%	1h	0.1104	+0.188%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1103	+0.095%	$367K	$276K	20x	as long as short
Binance POLUSDTshort	+0.0100%	4h	0.1102	−0.048%	$17.1M	$42.5M	75x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1101	−0.084%	$15.9M	$11.8M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1101	−0.075%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1102	−0.057%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1102	−0.030%	$23.8M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1103	+0.034%	$2.9M	$969K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1102	−0.048%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1102	−0.057%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1102	−0.066%	$610K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1102	−0.028%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1103	+0.070%	$195K	$634K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1101	−0.066%	$92K	$446K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1101	−0.114%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1102	+0.015%	$3K	—	100x	as long as short
Kraken Futures PF_POLUSD	+0.0260%	1h	0.1103	+0.108%	$1.2M	$1.2M	50x	as long as short