Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against MEXC−0.337%109s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as 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−$340.342% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.337%, 7d avg −0.022%
=Funding pays, the price is against you. BloFin is 0.315% cheaper against MEXC than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of −0.022%). If the spread goes back, that is −$32 on $10k: about 4.4 days of funding at the current rate (+$7 a day). The two prices were read 109 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 | MEXC POL_USDT | 0.1097 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $24.7M | $3.3M | 125x |
| Short | BloFin POL-USDT | 0.1093 | 0.0340 | get 0.0170% / 4h | 1h 25m | $897K | $150K | 75x |
MEXC POL_USDT
BloFin POL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: −0.337% → −0.022%
- −$31.53
- Slippage, 4 orders
- −$22.22
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.35
- Costs to cover
- 0.342%
- Break-even
- 9.1 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 62 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 MEXC live order book, 3 min ago | 0.46 bp | 3.1 bp −$3 | 12.4 bp −$124 | 65.7 bp −$6,567 | 178.4 bp −$89.2K |
| Sell BloFin live order book, 62 min ago | 0.92 bp | 17.8 bp −$18 | 28.5 bp −$285 | 82.5 bp −$8,249 | 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 | −0.0472% | 1h | 0.1088 | −0.829% | $201K | $202K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0378% | 1h | 0.1097 | −0.025% | $1.2M | $1.0M | 50x | as long as short |
| Gate POL_USDT | −0.0286% | 4h | 0.1096 | −0.082% | $1.8M | $1.3M | 75x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1095 | −0.150% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1094 | −0.246% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1097 | −0.051% | $12K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0021% | 4h | 0.1097 | −0.027% | $11K | $1.4M | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.267% | $3K | $124K | 12x | as long as short |
| OKX POL-USDT-SWAP | +0.0044% | 4h | 0.1097 | −0.036% | $5.7M | $9.5M | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1096 | −0.088% | $277K | $543K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
OKX POL-USDT-SWAP
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1099 | +0.164% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1097 | +0.005% | $364K | $240K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1097 | −0.027% | $16.7M | $37.2M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1097 | +0.027% | $15.8M | $9.9M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1097 | long leg | $24.7M | $3.3M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1097 | +0.027% | $2.9M | $938K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | 0.000% | $4.1M | $4.1M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1097 | −0.036% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1095 | −0.168% | $605K | $167K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1094 | −0.312% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1094 | −0.283% | $194K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1096 | −0.071% | $94K | $235K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1095 | −0.146% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1095 | −0.223% | $3K | — | 100x | as long as short |
| BloFin POL-USDTshort | +0.0340% | 4h | 0.1093 | −0.337% | $897K | $150K | 75x |
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]