Funding you earn now, next payment 04:00 UTC+0.0213%/8h= +23.4% APRpaid last 24h −0.078%
Price spread now: Kraken Futures against MEXC+0.037%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.632%−$63 · spread now +0.037%, 7d avg +0.050%
=The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POL_USDT | 0.1102 | 0.0100 | pay 0.0050% / 4h | 11m 59s | $24.7M | $3.6M | 125x |
| Short | Kraken Futures PF_POLUSD | 0.1102 | 0.0313 | get 0.0039% / 1h | 11m 59s | $1.2M | $1.2M | 50x |
MEXC POL_USDT
Kraken Futures PF_POLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $44.79
- Price spread: +0.037% → +0.050%
- −$1.3
- Slippage, 4 orders
- −$35.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1.69
- Costs to cover
- 0.452%
- Break-even
- 7.3 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 1 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, 2 min ago | 0.45 bp | 4.0 bp −$4 | 11.2 bp −$112 | 82.9 bp −$8,290 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.89 bp | 23.5 bp −$24 | 57.6 bp −$576 | doesn't fit | 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 | −0.0520% | 1h | 0.1097 | −0.436% | $202K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.012% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1103 | +0.074% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.835% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1102 | −0.018% | $11K | $249K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | +0.039% | $280K | $555K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | +0.023% | $366K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | +0.030% | $17.1M | $41.5M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | +0.018% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | +0.036% | $5.7M | $10.1M | 50x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | −0.100% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1102 | long leg | $24.7M | $3.6M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.027% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1102 | +0.027% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1102 | +0.027% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1101 | −0.104% | $609K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1101 | −0.064% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1101 | −0.073% | $195K | $637K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1102 | +0.001% | $92K | $456K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.118% | $40K | — | 3x | as long as short |
| dYdX POL-USD | +0.0136% | 1h | 0.1102 | −0.020% | $17K | $2K | 5x | as long as short |
| Hyperliquid POL | +0.0138% | 1h | 0.1104 | +0.172% | $7.5M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.045% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSDshort | +0.0313% | 1h | 0.1102 | +0.037% | $1.2M | $1.2M | 50x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1102 | +0.045% | $910K | $169K | 75x | as long as short |
Gate POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
dYdX POL-USD
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT