POL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0172%/8h= −18.9% APRnext payment −$0.86 per $10,000 · paid last 24h −0.019%

Price spread now: OKX against KuCoin+0.082%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.232%−$23 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.082%, 7d avg −0.032%

Together, before fees−0.321%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.114% dearer against KuCoin than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.032%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin POLUSDTM	0.1096	0.0100	pay 0.0050% / 4h	3h 48m	$2.8M	$878K	50x
Short	OKX POL-USDT-SWAP	0.1097	−0.0072	pay 0.0036% / 4h	3h 48m	$5.7M	$9.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$36.19
Price spread: +0.082% → −0.032%: $11.43
Slippage, 4 orders: −$73.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$120.64
Costs to cover: 0.959%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; OKX: live order book, 4 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 KuCoin live order book, 9 min ago	5.93 bp	40.3 bp −$40	152.4 bp −$1,524	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.46 bp	12.8 bp −$13	54.2 bp −$542	doesn't fit	doesn't fit

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	−0.0600%	1h	0.1094	−0.155%	$200K	$183K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0474%	1h	0.1096	+0.053%	$1.2M	$1.0M	50x	as long as short
ApeX Omni POLUSDT	−0.0348%	1h	0.1095	−0.064%	$187K	$645K	50x	as long as short
Bybit POLUSDT	−0.0330%	4h	0.1096	0.000%	$15.8M	$9.6M	75x	as long as short
GRVT POL_USDT_Perp	−0.0126%	4h	0.1095	−0.085%	$1.1M	$2.9M	10x	as long as short
Orderly PERP_POL_USDC	−0.0082%	4h	0.1095	−0.018%	$11K	$2.2M	20x	as long as short
OKX POL-USDT-SWAPshort	−0.0072%	4h	0.1097	+0.082%	$5.7M	$9.3M	50x
Gate POL_USDT	−0.0050%	4h	0.1095	−0.055%	$1.8M	$1.2M	75x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1096	+0.034%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1097	+0.074%	$19K	$3K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0003%	1h	0.1097	+0.099%	$9K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.396%	$3K	$124K	12x	as long as short
Binance POLUSDT	+0.0048%	4h	0.1096	+0.064%	$16.7M	$36.3M	75x	as long as short
MEXC POL_USDT	+0.0052%	4h	0.1096	0.000%	$25.2M	$3.4M	125x	as long as short
Extended POL-USD	+0.0056%	1h	0.1095	−0.027%	$92K	$520K	10x	as long as short
Lighter POL	+0.0096%	1h	0.1096	+0.009%	$274K	$538K	8x	as long as short
Aevo POL-PERP	+0.0096%	1h	0.1094	−0.139%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1097	+0.137%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1096	+0.064%	$363K	$167K	20x	as long as short
KuCoin POLUSDTMlong	+0.0100%	4h	0.1096	long leg	$2.8M	$878K	50x
Bitget POLUSDT	+0.0100%	4h	0.1097	+0.091%	$4.0M	$3.8M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1096	+0.018%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1097	+0.088%	$605K	$166K	—	as long as short
BloFin POL-USDT	+0.0209%	4h	0.1096	+0.009%	$897K	$146K	75x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1097	+0.114%	$3K	—	100x	as long as short