POL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.094%

Price spread now: Kraken Futures against Gate+0.103%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$840.836% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 3 days (all we have)−0.611%−$61 · spread now +0.103%, 7d avg +0.092%

Together, before fees−0.856%−$86 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.092%, 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	Gate POL_USDT	0.1115	0.0100	pay 0.0050% / 4h	2h 36m	$1.9M	$1.4M	75x
Short	Kraken Futures PF_POLUSD	0.1116	−0.0072	pay 0.0009% / 1h	36m 46s	$1.2M	$1.8M	50x

Funding history

latest

Range statsloading…

Kraken Futures against Gate. 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 GatebpFee Kraken FuturesbpOrdersPrice spread, now +0.103%Rate

Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago	4.03 bp	19.4 bp −$19	237.8 bp −$2,378	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	7.62 bp	24.8 bp −$25	63.3 bp −$633	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
ApeX Omni POLUSDT	−0.0154%	1h	0.1113	−0.153%	$197K	$661K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.0080%	1h	0.1111	−0.332%	$202K	$254K	50x	as long as short
Kraken Futures PF_POLUSDshort	−0.0072%	1h	0.1116	+0.103%	$1.2M	$1.8M	50x
Orderly PERP_POL_USDC	−0.0037%	4h	0.1116	+0.081%	$11K	$209K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1116	+0.076%	$3K	—	—	as long as short
dYdX POL-USD	+0.0004%	1h	0.1116	+0.113%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	0.1116	+0.149%	$22K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.332%	$3K	$124K	12x	as long as short
GRVT POL_USDT_Perp	+0.0064%	4h	0.1112	−0.269%	$1.1M	$3.5M	10x	as long as short
Lighter POL	+0.0096%	1h	0.1116	+0.095%	$312K	$559K	8x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0098%	4h	0.1115	+0.045%	$5.8M	$12.1M	50x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1118	+0.269%	$7.6M	$4.6M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1115	+0.063%	$371K	$383K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1116	+0.091%	$17.0M	$51.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1115	+0.045%	$16.1M	$16.4M	75x	as long as short
Gate POL_USDTlong	+0.0100%	4h	0.1115	long leg	$1.9M	$1.4M	75x
MEXC POL_USDT	+0.0100%	4h	0.1115	+0.072%	$23.4M	$4.0M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1115	+0.054%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1115	+0.072%	$4.1M	$6.0M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1115	+0.036%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1111	−0.305%	$657K	$211K	—	as long as short
Extended POL-USD	+0.0104%	1h	0.1116	+0.074%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1114	−0.054%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0211% / S −0.0606%	1h	0.1116	+0.153%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1115	+0.072%	$905K	$168K	75x	as long as short