POL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against Aevo+0.148%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.148% dearer against Aevo than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo POL-PERP	0.1118	0.0104	pay 0.0013% / 1h	35m 44s	$41K	—	3x
Short	Lighter POL	0.1120	0.0096	get 0.0012% / 1h	35m 44s	$294K	$580K	8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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 AevobpFee LighterbpOrdersPrice spread, now +0.148%Rate

Funding earned: −$1.68
Price spread: +0.148% → 0.000%: $14.84
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Lighter: 0 bp × 2 orders: $0
Net: −$2.84
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 30 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Lighter live order book, 30 min ago	4.78 bp	9.4 bp −$9	66.8 bp −$668	doesn't fit	doesn't fit

Aevo: 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	−0.0239%	1h	0.1121	+0.220%	$1.2M	$1.3M	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0152%	1h	0.1116	−0.212%	$204K	$199K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	+0.090%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1120	+0.187%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0018%	4h	0.1120	+0.137%	$11K	$172K	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.659%	$3K	$124K	12x	as long as short
dYdX POL-USD	+0.0034%	1h	0.1120	+0.175%	$17K	$3K	5x	as long as short
Lighter POLshort	+0.0096%	1h	0.1120	+0.148%	$294K	$580K	8x
Aster POLUSDT	+0.0100%	4h	0.1121	+0.217%	$372K	$303K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1120	+0.135%	$17.2M	$45.2M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1120	+0.110%	$16.1M	$13.3M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1119	+0.101%	$5.8M	$10.8M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1119	+0.056%	$1.9M	$1.2M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1120	+0.137%	$24.3M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1120	+0.182%	$3.0M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	+0.119%	$4.2M	$4.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1120	+0.137%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	+0.050%	$620K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	+0.074%	$1.1M	$3.0M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1119	+0.056%	$198K	$644K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	+0.095%	$93K	$534K	10x	as long as short
Aevo POL-PERPlong	+0.0104%	1h	0.1118	long leg	$41K	—	3x
Hyperliquid POL	+0.0132%	1h	0.1122	+0.298%	$7.6M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1120	+0.173%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	+0.226%	$909K	$159K	75x	as long as short