POL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.44 per $10,000 · paid last 24h −0.059%

Price spread now: Orderly against Gate+0.161%7-day average +0.004% · you sell dearer than you buy

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

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.515%−$52 on $10k

Price spread, last 3 days (all we have)−0.525%−$52 · spread now +0.161%, 7d avg +0.004%

Together, before fees−1.040%−$104 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.157% dearer against Gate than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.004%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.515% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1119	0.0100	pay 0.0050% / 4h	11m 35s	$1.9M	$1.3M	75x
Short	Orderly PERP_POL_USDC	0.1120	0.0012	get 0.0006% / 4h	11m 35s	$11K	$186K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now +0.161%Rate

Funding earned: −$18.52
Price spread: +0.161% → +0.004%: $15.73
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$23.79
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Orderly: no order-book sample. 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 Gate live order book, 1 min ago	4.02 bp	22.8 bp −$23	171.0 bp −$1,710	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0128%	1h	0.1121	+0.215%	$205K	$226K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1121	+0.205%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1119	+0.003%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1121	+0.258%	$24K	—	150x	as long as short
Orderly PERP_POL_USDCshort	+0.0012%	4h	0.1120	+0.161%	$11K	$186K	20x
dYdX POL-USD	+0.0014%	1h	0.1120	+0.134%	$17K	$3K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.679%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1120	+0.085%	$299K	$572K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1120	+0.125%	$372K	$340K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1119	+0.029%	$17.2M	$49.8M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1118	−0.027%	$16.1M	$15.1M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1119	+0.027%	$5.8M	$11.6M	50x	as long as short
Gate POL_USDTlong	+0.0100%	4h	0.1119	long leg	$1.9M	$1.3M	75x
MEXC POL_USDT	+0.0100%	4h	0.1120	+0.143%	$24.3M	$3.9M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1122	+0.268%	$2.9M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1120	+0.116%	$4.2M	$5.3M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1119	+0.080%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1123	+0.352%	$662K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1121	+0.188%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1121	+0.215%	$198K	$649K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	+0.034%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1119	+0.055%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0217% / S −0.0750%	1h	0.1121	+0.240%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0226%	1h	0.1121	+0.197%	$7.6M	$3.9M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1121	+0.259%	$909K	$163K	75x	as long as short