Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against MEXC−0.027%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.027%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POL_USDT | 0.1095 | 0.0100 | pay 0.0050% / 4h | 38m 04s | $24.3M | $3.6M | 125x |
| Short | OKX POL-USDT-SWAP | 0.1095 | 0.0100 | get 0.0050% / 4h | 38m 04s | $5.6M | $10.0M | 50x |
MEXC POL_USDT
OKX POL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.027% → −0.004%
- −$2.34
- Slippage, 4 orders
- −$30.39
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.73
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 5 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, 1 min ago | 0.91 bp | 3.3 bp −$3 | 9.8 bp −$98 | 73.7 bp −$7,375 | 187.2 bp −$93.6K |
| Sell OKX live order book, 5 min ago | 0.92 bp | 17.6 bp −$18 | 54.8 bp −$548 | 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 | 0.1091 | −0.402% | $201K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1096 | +0.061% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1096 | +0.074% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.424% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1096 | +0.018% | $11K | $263K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1096 | +0.026% | $279K | $554K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1096 | +0.065% | $364K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1096 | +0.009% | $17.0M | $42.1M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1095 | −0.064% | $15.7M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAPshort | +0.0100% | 4h | 0.1095 | −0.027% | $5.6M | $10.0M | 50x |
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 POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1095 | −0.046% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDTlong | +0.0100% | 4h | 0.1095 | long leg | $24.3M | $3.6M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1096 | +0.027% | $2.9M | $976K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1096 | +0.018% | $4.1M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1095 | −0.018% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1092 | −0.352% | $604K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1094 | −0.166% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1092 | −0.310% | $193K | $635K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1095 | −0.016% | $94K | $453K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1094 | −0.163% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0184% | 1h | 0.1097 | +0.146% | $7.4M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1096 | +0.098% | $3K | — | 100x | as long as short |
| dYdX POL-USD | +0.0303% | 1h | 0.1095 | −0.046% | $17K | $2K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0315% | 1h | 0.1096 | +0.066% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1095 | −0.027% | $909K | $167K | 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
Hyperliquid POL
GMX POL/USD [ETH-USDC]
dYdX POL-USD
Kraken Futures PF_POLUSD
BloFin POL-USDT