Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%
Price spread now: Lighter against MEXC+0.051%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.251%+$25 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.051%, 7d avg +0.054%
Together, before fees+0.265%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POL_USDT0.11220.0100pay 0.0050% / 4h18m 33s$24.3M$3.9M125x
ShortLighter POL0.11220.0096get 0.0012% / 1h18m 33s$299K$572K8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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

Funding earned
−$0.84
Price spread: +0.051% → +0.054%
−$0.3
Slippage, 4 orders
−$22.98
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$24.11
Costs to cover
0.230%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.89 bp3.4 bp −$39.6 bp −$9659.7 bp −$5,968119.5 bp −$59.7K
Sell Lighter live order book, 52 min ago5.39 bp10.2 bp −$1066.9 bp −$669doesn't fitdoesn't fit

POL on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0128%1h0.1123+0.116%$206K$226K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1123+0.081%$1.2M$1.8M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1123+0.088%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1123+0.122%$24K150xas long as short
Orderly PERP_POL_USDC+0.0010%4h0.1122+0.062%$11K$188K20xas long as short
dYdX POL-USD+0.0017%1h0.1123+0.116%$17K$3K5xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.954%$3K$124K12xas long as short
Lighter POLshort+0.0096%1h0.1122+0.051%$299K$572K8x
Aster POLUSDT+0.0100%4h0.1123+0.083%$373K$353K20xas long as short
Binance POLUSDT+0.0100%4h0.1122+0.010%$17.3M$50.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1121−0.053%$16.2M$15.2M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123+0.071%$5.8M$11.8M50xas long as short
Gate POL_USDT+0.0100%4h0.1122+0.009%$1.9M$1.3M75xas long as short
MEXC POL_USDTlong+0.0100%4h0.1122long leg$24.3M$3.9M125x
KuCoin POLUSDTM+0.0100%4h0.1122+0.045%$2.9M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1122+0.053%$4.2M$5.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1122+0.018%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1120−0.129%$662K$183Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1120−0.141%$1.1M$3.2M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1120−0.152%$198K$652K50xas long as short
Extended POL-USD+0.0104%1h0.1122+0.007%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1121−0.062%$41K3xas long as short
GMX POL/USD [ETH-USDC]L +0.0217% / S −0.0750%1h0.1124+0.203%$3K100xas long as short
Hyperliquid POL+0.0240%1h0.1124+0.193%$7.6M$3.9M5xas long as short
BloFin POL-USDT+0.0340%4h0.1122+0.018%$912K$164K75xas long as short