POL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.103%

Price spread now: Kraken Futures against MEXC+0.065%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$510.507% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.133%−$13 on $10k

Price spread, last 3 days (all we have)−1.393%−$139 · spread now +0.065%, 7d avg +0.051%

Together, before fees−1.525%−$153 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POL_USDT	0.1121	0.0100	pay 0.0050% / 4h	3h 31m	$23.5M	$4.0M	125x
Short	Kraken Futures PF_POLUSD	0.1122	−0.0063	pay 0.0008% / 1h	31m 53s	$1.2M	$1.8M	50x

Funding history

latest

Range statsloading…

Kraken Futures against MEXC. 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 MEXCbpFee Kraken FuturesbpOrdersPrice spread, now +0.065%Rate

Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	1.79 bp	4.0 bp −$4	15.4 bp −$154	75.7 bp −$7,568	doesn't fit
Sell Kraken Futures live order book, 2 min ago	3.57 bp	23.0 bp −$23	53.5 bp −$535	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
Kraken Futures PF_POLUSDshort	−0.0063%	1h	0.1122	+0.065%	$1.2M	$1.8M	50x
Orderly PERP_POL_USDC	−0.0041%	4h	0.1121	−0.018%	$11K	$216K	20x	as long as short
Coinbase International POL-PERP-INTX	−0.0032%	1h	0.1116	−0.464%	$203K	$255K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1121	−0.057%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1122	+0.041%	$22K	—	150x	as long as short
Injective POL/USDC PERP	+0.0012%	1h	0.1113	−0.731%	$3K	$73K	12x	as long as short
dYdX POL-USD	+0.0019%	1h	0.1122	+0.114%	$17K	$3K	5x	as long as short
OKX POL-USDT-SWAP	+0.0088%	4h	0.1121	−0.018%	$5.8M	$12.5M	50x	as long as short
Lighter POL	+0.0096%	1h	0.1122	+0.044%	$324K	$558K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1121	+0.012%	$373K	$384K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance POLUSDT	+0.0100%	4h	0.1121	0.000%	$17.1M	$52.8M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1121	−0.027%	$16.2M	$16.8M	75x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1122	+0.045%	$1.9M	$1.4M	75x	as long as short
MEXC POL_USDTlong	+0.0100%	4h	0.1121	long leg	$23.5M	$4.0M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1121	−0.009%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1122	+0.036%	$4.2M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1121	0.000%	—	$7.3M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1119	−0.164%	$661K	$273K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	−0.169%	$1.1M	$3.5M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1119	−0.196%	$198K	$657K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1121	−0.016%	$93K	$447K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1122	+0.078%	$41K	—	3x	as long as short
Hyperliquid POL	+0.0138%	1h	0.1123	+0.169%	$7.6M	$4.7M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1121	+0.015%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	+0.027%	$915K	$183K	75x	as long as short