POL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.024%

Price spread now: gTrade (Gains Network) against Lighter−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter POL	0.1122	0.0096	pay 0.0012% / 1h	32m 24s	$324K	$558K	8x
Short	gTrade (Gains Network) POL/USD	0.1122	L +0.0004% / S −0.0006%	get 0.0001% / 1h	32m 24s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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 LighterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.037%Rate

Funding earned: −$18.86
Price spread: −0.037% → 0.000%: −$3.74
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.6
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 12 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 Lighter live order book, 12 min ago	5.56 bp	5.9 bp −$6	48.9 bp −$489	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_POLUSD	−0.0063%	1h	0.1122	−0.037%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0041%	4h	0.1121	−0.105%	$11K	$216K	20x	as long as short
Coinbase International POL-PERP-INTX	−0.0032%	1h	0.1116	−0.542%	$203K	$255K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1121	−0.135%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0004% / S −0.0006%	1h	0.1122	−0.037%	$22K	—	150x
Injective POL/USDC PERP	+0.0012%	1h	0.1113	−0.809%	$3K	$73K	12x	as long as short
dYdX POL-USD	+0.0019%	1h	0.1122	+0.035%	$17K	$3K	5x	as long as short
OKX POL-USDT-SWAP	+0.0088%	4h	0.1121	−0.096%	$5.8M	$12.5M	50x	as long as short
Lighter POLlong	+0.0096%	1h	0.1122	long leg	$324K	$558K	8x
Aster POLUSDT	+0.0100%	4h	0.1121	−0.067%	$373K	$384K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance POLUSDT	+0.0100%	4h	0.1121	−0.105%	$17.1M	$52.8M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1121	−0.132%	$16.2M	$16.8M	75x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1122	−0.034%	$1.9M	$1.4M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1121	−0.105%	$23.5M	$4.0M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1121	−0.087%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1122	−0.043%	$4.2M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1121	−0.087%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	−0.242%	$661K	$273K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	−0.247%	$1.1M	$3.5M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1119	−0.274%	$198K	$657K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1122	−0.045%	$93K	$447K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1120	−0.198%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0136%	1h	0.1123	+0.055%	$7.6M	$4.7M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1121	−0.063%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	−0.052%	$915K	$183K	75x	as long as short