POL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.006%

Price spread now: Lighter against Bybit+0.082%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.322% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$8 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.082%, 7d avg +0.082%

Together, before fees+0.102%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit POLUSDT	0.1093	0.0054	pay 0.0027% / 4h	2h 54m	$15.7M	$9.3M	75x
Short	Lighter POL	0.1094	0.0048	get 0.0006% / 1h	54m 39s	$268K	$502K	8x

Funding history

latest

Range statsloading…

Lighter against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee LighterbpOrdersPrice spread, now +0.082%Rate

Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 30 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	0.46 bp	11.5 bp −$11	34.3 bp −$343	doesn't fit	doesn't fit
Sell Lighter live order book, 30 min ago	6.55 bp	6.6 bp −$7	66.1 bp −$661	doesn't fit	doesn't fit

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	−0.0584%	1h	0.1095	+0.210%	$199K	$180K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0353%	1h	0.1096	+0.327%	$1.2M	$995K	50x	as long as short
Gate POL_USDT	−0.0216%	4h	0.1092	−0.064%	$1.8M	$1.1M	75x	as long as short
Orderly PERP_POL_USDC	−0.0125%	4h	0.1096	+0.284%	$10K	$2.6M	20x	as long as short
GRVT POL_USDT_Perp	−0.0060%	4h	0.1100	+0.699%	$1.1M	$2.8M	10x	as long as short
OKX POL-USDT-SWAP	−0.0055%	4h	0.1093	+0.018%	$5.7M	$9.0M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1096	+0.272%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1096	+0.263%	$24K	$9K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1102	+0.832%	$9K	—	150x	as long as short
Binance POLUSDT	+0.0007%	4h	0.1093	+0.037%	$16.7M	$34.2M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC POL_USDT	+0.0012%	4h	0.1094	+0.092%	$25.1M	$3.3M	125x	as long as short
Extended POL-USD	+0.0016%	1h	0.1092	−0.048%	$92K	$523K	10x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.675%	$3K	$124K	12x	as long as short
Lighter POLshort	+0.0048%	1h	0.1094	+0.082%	$268K	$502K	8x
BloFin POL-USDT	+0.0049%	4h	0.1097	+0.375%	$899K	$143K	75x	as long as short
Bybit POLUSDTlong	+0.0054%	4h	0.1093	long leg	$15.7M	$9.3M	75x
Aevo POL-PERP	+0.0088%	1h	0.1099	+0.559%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1096	+0.311%	$7.4M	$3.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1093	+0.070%	$367K	$173K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1094	+0.137%	$2.8M	$776K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1092	−0.018%	$4.0M	$3.7M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1093	−0.009%	—	$7.1M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1098	+0.461%	$608K	$167K	—	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1100	+0.668%	$156K	$662K	50x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0164% / S −0.0294%	1h	0.1097	+0.399%	$3K	—	100x	as long as short