POL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%

Price spread now: BloFin against Binance+0.036%81s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as 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−$460.462% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 3 days (all we have)−0.351%−$35 · spread now +0.036%, 7d avg −0.021%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.057% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 81 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	Binance POLUSDT	0.1119	0.0100	pay 0.0050% / 4h	3h 33m	$17.2M	$45.1M	75x
Short	BloFin POL-USDT	0.1120	0.0340	get 0.0170% / 4h	3h 33m	$909K	$159K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.036%Rate

Funding earned: $50.4
Price spread: +0.036% → −0.021%: $5.68
Slippage, 4 orders: −$24.19
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.89
Costs to cover: 0.462%
Break-even: 5.6 days

Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 38 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 Binance live order book, 8 min ago	0.45 bp	11.4 bp −$11	26.4 bp −$264	200.3 bp −$20.0K	doesn't fit
Sell BloFin live order book, 38 min ago	0.89 bp	7.4 bp −$7	16.1 bp −$161	54.0 bp −$5,403	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
Kraken Futures PF_POLUSD	−0.0239%	1h	0.1120	+0.100%	$1.2M	$1.3M	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0152%	1h	0.1116	−0.286%	$204K	$199K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	−0.019%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1120	+0.082%	$24K	—	150x	as long as short
Orderly PERP_POL_USDC	+0.0018%	4h	0.1119	+0.027%	$11K	$172K	20x	as long as short
dYdX POL-USD	+0.0032%	1h	0.1120	+0.101%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.733%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1120	+0.069%	$294K	$580K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1120	+0.083%	$372K	$303K	20x	as long as short
Binance POLUSDTlong	+0.0100%	4h	0.1119	long leg	$17.2M	$45.1M	75x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1119	−0.036%	$16.1M	$13.2M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1119	−0.063%	$5.8M	$10.8M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1119	−0.036%	$1.9M	$1.2M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1119	0.000%	$24.2M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1120	+0.045%	$3.0M	$998K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	+0.036%	$4.2M	$4.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1119	−0.036%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	−0.024%	$620K	$224K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	0.000%	$1.1M	$3.0M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1120	+0.071%	$198K	$644K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	−0.015%	$93K	$505K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1118	−0.105%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0133%	1h	0.1121	+0.179%	$7.6M	$3.9M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0217% / S −0.0750%	1h	0.1120	+0.076%	$3K	—	100x	as long as short
BloFin POL-USDTshort	+0.0340%	4h	0.1120	+0.036%	$909K	$159K	75x