POL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.057%

Price spread now: OKX against BloFin+0.071%83s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as 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−$530.525% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 3 days (all we have)+0.354%+$35 · spread now +0.071%, 7d avg −0.002%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.073% dearer against BloFin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.002%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.248% in total) that is about 2.1 days. The two prices were read 83 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	BloFin POL-USDT	0.1123	0.0340	pay 0.0170% / 4h	1h 05m	$914K	$169K	75x
Short	OKX POL-USDT-SWAP	0.1123	0.0100	get 0.0050% / 4h	1h 05m	$5.8M	$12.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$50.4
Price spread: +0.071% → −0.002%: $7.29
Slippage, 4 orders: −$30.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.62
Costs to cover: 0.525%
Break-even: never at this rate

Slippage from BloFin: live order book, 11 min ago; OKX: live order book, 2 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 BloFin live order book, 11 min ago	0.89 bp	14.5 bp −$14	23.9 bp −$239	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.34 bp	13.2 bp −$13	54.7 bp −$547	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
Injective POL/USDC PERP	−0.0162%	1h	0.1111	−1.033%	$3K	$124K	12x	as long as short
Coinbase International POL-PERP-INTX	−0.0128%	1h	0.1122	−0.053%	$205K	$236K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0071%	1h	0.1125	+0.196%	$1.2M	$1.8M	50x	as long as short
Orderly PERP_POL_USDC	−0.0010%	4h	0.1124	+0.125%	$11K	$196K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1124	+0.118%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1125	+0.184%	$24K	—	150x	as long as short
dYdX POL-USD	+0.0013%	1h	0.1124	+0.123%	$17K	$3K	5x	as long as short
Lighter POL	+0.0096%	1h	0.1124	+0.120%	$300K	$577K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1124	+0.080%	$373K	$360K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1124	+0.090%	$17.4M	$51.0M	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	0.1123	+0.036%	$16.2M	$15.6M	75x	as long as short
OKX POL-USDT-SWAPshort	+0.0100%	4h	0.1123	+0.071%	$5.8M	$12.0M	50x
Gate POL_USDT	+0.0100%	4h	0.1123	+0.018%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1124	+0.098%	$23.7M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1123	+0.071%	$2.8M	$1.0M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1124	+0.116%	$4.2M	$5.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1123	+0.036%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1123	+0.018%	$663K	$191K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1124	+0.129%	$1.1M	$3.3M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1124	+0.125%	$199K	$656K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1124	+0.091%	$94K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1122	−0.012%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1125	+0.182%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0253%	1h	0.1126	+0.294%	$7.6M	$4.0M	5x	as long as short
BloFin POL-USDTlong	+0.0340%	4h	0.1123	long leg	$914K	$169K	75x