POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.90 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against OKX−0.018%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$360.359% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days+0.005%$0 · spread now −0.018%, 7d avg +0.005%

Together, before fees+0.025%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.020% in total) that is about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX POL-USDT-SWAP	0.1091	−0.0081	get 0.0041% / 4h	14m 11s	$5.7M	$9.3M	50x
Short	MEXC POL_USDT	0.1090	0.0098	get 0.0049% / 4h	14m 11s	$24.9M	$3.4M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.018%Rate

Funding earned: $37.67
Price spread: −0.018% → +0.005%: −$2.29
Slippage, 4 orders: −$25.94
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$0.56
Costs to cover: 0.359%
Break-even: 7.1 days

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 5 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 OKX live order book, 4 min ago	0.92 bp	11.4 bp −$11	51.0 bp −$510	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.38 bp	5.7 bp −$6	17.5 bp −$175	85.5 bp −$8,550	205.7 bp −$102.8K

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	−0.0544%	1h	0.1087	−0.330%	$201K	$176K	50x	as long as short
Gate POL_USDT	−0.0256%	4h	0.1091	0.000%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0233%	1h	0.1091	+0.076%	$1.1M	$996K	50x	as long as short
OKX POL-USDT-SWAPlong	−0.0081%	4h	0.1091	long leg	$5.7M	$9.3M	50x
Orderly PERP_POL_USDC	−0.0047%	4h	0.1090	−0.018%	$11K	$2.0M	20x	as long as short
ApeX Omni POLUSDT	−0.0034%	1h	0.1089	−0.147%	$193K	$642K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1089	−0.122%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1092	+0.090%	$19K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1091	+0.072%	$9K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.871%	$3K	$124K	12x	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	+0.0036%	4h	0.1090	−0.028%	$1.1M	$2.8M	10x	as long as short
Bybit POLUSDT	+0.0053%	4h	0.1090	−0.092%	$15.7M	$9.6M	75x	as long as short
Lighter POL	+0.0096%	1h	0.1090	−0.018%	$276K	$544K	8x	as long as short
Extended POL-USD	+0.0096%	1h	0.1090	−0.055%	$91K	$518K	10x	as long as short
MEXC POL_USDTshort	+0.0098%	4h	0.1090	−0.018%	$24.9M	$3.4M	125x
Binance POLUSDT	+0.0098%	4h	0.1090	−0.026%	$16.6M	$36.3M	75x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1092	+0.165%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1091	+0.071%	$362K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1091	+0.009%	$2.9M	$918K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1091	+0.028%	$4.0M	$3.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1090	−0.018%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1090	−0.089%	$602K	$166K	—	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1089	−0.147%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1091	−0.006%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0338%	4h	0.1091	+0.009%	$897K	$146K	75x	as long as short