POL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Lighter against gTrade (Gains Network)−0.084%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, the price is against you. Lighter is 0.084% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) POL/USD	0.1098	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	42m 14s	$9K	—	150x
Short	Lighter POL	0.1097	0.0096	get 0.0012% / 1h	42m 14s	$274K	$539K	8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.084%Rate

Funding earned: $19.43
Price spread: −0.084% → 0.000%: −$8.38
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $1.05
Costs to cover: 0.100%
Break-even: 6.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 48 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 48 min ago	5.22 bp	9.8 bp −$10	69.0 bp −$690	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Coinbase International POL-PERP-INTX	−0.0600%	1h	0.1094	−0.368%	$200K	$180K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0473%	1h	0.1098	−0.047%	$1.2M	$973K	50x	as long as short
Bybit POLUSDT	−0.0177%	4h	0.1096	−0.158%	$15.8M	$9.5M	75x	as long as short
ApeX Omni POLUSDT	−0.0176%	1h	0.1097	−0.095%	$174K	$652K	50x	as long as short
Orderly PERP_POL_USDC	−0.0091%	4h	0.1097	−0.095%	$11K	$2.2M	20x	as long as short
OKX POL-USDT-SWAP	−0.0063%	4h	0.1097	−0.095%	$5.7M	$9.3M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1097	−0.101%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1098	−0.039%	$19K	$3K	5x	as long as short
gTrade (Gains Network) POL/USDlong	L +0.0003% / S −0.0003%	1h	0.1098	long leg	$9K	—	150x
Gate POL_USDT	+0.0010%	4h	0.1097	−0.104%	$1.8M	$1.2M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT POL_USDT_Perp	+0.0020%	4h	0.1097	−0.122%	$1.1M	$2.9M	10x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.180%	$3K	$124K	12x	as long as short
Binance POLUSDT	+0.0046%	4h	0.1097	−0.090%	$16.7M	$35.8M	75x	as long as short
Extended POL-USD	+0.0048%	1h	0.1097	−0.113%	$91K	$521K	10x	as long as short
MEXC POL_USDT	+0.0048%	4h	0.1097	−0.095%	$25.2M	$3.4M	125x	as long as short
Lighter POLshort	+0.0096%	1h	0.1097	−0.084%	$274K	$539K	8x
Aevo POL-PERP	+0.0096%	1h	0.1095	−0.231%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1099	+0.060%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1097	−0.054%	$363K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1098	−0.031%	$2.9M	$872K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1097	−0.131%	$4.0M	$3.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1096	−0.140%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1097	−0.116%	$606K	$166K	—	as long as short
BloFin POL-USDT	+0.0193%	4h	0.1097	−0.095%	$896K	$146K	75x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1098	+0.006%	$3K	—	100x	as long as short