POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.072%

Price spread now: Orderly against KuCoin−0.009%7-day average −0.069% · you buy dearer than you sell

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

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.603%−$60 on $10k

Price spread, last 4 days (all we have)−0.690%−$69 · spread now −0.009%, 7d avg −0.069%

Together, before fees−1.293%−$129 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.060% dearer against KuCoin than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.069%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.603% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin POLUSDTM	0.1103	0.0100	pay 0.0050% / 4h	3h 55m	$2.9M	$975K	50x
Short	Orderly PERP_POL_USDC	0.1103	0.0041	get 0.0020% / 4h	3h 55m	$11K	$244K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.009%Rate

Funding earned: −$12.43
Price spread: −0.009% → −0.069%: $5.97
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$24.46
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	6.81 bp	32.8 bp −$33	135.6 bp −$1,356	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	−0.0512%	1h	0.1098	−0.453%	$202K	$198K	50x	as long as short
ApeX Omni POLUSDT	−0.0407%	1h	0.1101	−0.181%	$195K	$639K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0139%	1h	0.1104	+0.090%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1102	−0.046%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1101	−0.199%	$17K	$2K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	+0.029%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.725%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDCshort	+0.0041%	4h	0.1103	−0.009%	$11K	$244K	20x
Lighter POL	+0.0096%	1h	0.1104	+0.054%	$281K	$540K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1105	+0.200%	$7.5M	$3.7M	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster POLUSDT	+0.0100%	4h	0.1102	−0.100%	$366K	$271K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1103	+0.045%	$17.1M	$41.3M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1103	−0.009%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1104	+0.073%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1101	−0.218%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1104	+0.054%	$24.8M	$3.5M	125x	as long as short
KuCoin POLUSDTMlong	+0.0100%	4h	0.1103	long leg	$2.9M	$975K	50x
Bitget POLUSDT	+0.0100%	4h	0.1104	+0.045%	$4.1M	$4.6M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1104	+0.054%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1100	−0.240%	$609K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1101	−0.209%	$1.1M	$2.8M	10x	as long as short
Extended POL-USD	+0.0104%	1h	0.1103	−0.016%	$92K	$455K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1102	−0.091%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1103	+0.020%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1101	−0.163%	$911K	$169K	75x	as long as short