POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.32 per $10,000 · paid last 24h −0.047%

Price spread now: Orderly against MEXC+0.009%7-day average −0.038% · you sell dearer than you buy

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

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.375%−$38 on $10k

Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.009%, 7d avg −0.038%

Together, before fees−0.812%−$81 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.047% dearer against MEXC than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.038%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.375% in total) that is about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POL_USDT	0.1086	0.0100	pay 0.0050% / 4h	2h 22m	$24.5M	$3.2M	125x
Short	Orderly PERP_POL_USDC	0.1087	0.0037	get 0.0019% / 4h	2h 22m	$11K	$968K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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 MEXCbpFee OrderlybpOrdersPrice spread, now +0.009%Rate

Funding earned: −$13.23
Price spread: +0.009% → −0.038%: $4.74
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.49
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: 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 MEXC live order book, 1 min ago	0.46 bp	3.1 bp −$3	11.9 bp −$119	77.1 bp −$7,707	188.7 bp −$94.3K
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	−0.0480%	1h	0.1081	−0.506%	$199K	$200K	50x	as long as short
Gate POL_USDT	−0.0222%	4h	0.1085	−0.166%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1085	−0.161%	$1.1M	$1.0M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1086	−0.018%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1085	−0.094%	$18K	$4K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1087	+0.052%	$12K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+2.255%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDCshort	+0.0037%	4h	0.1087	+0.009%	$11K	$968K	20x
ApeX Omni POLUSDT	+0.0074%	1h	0.1084	−0.230%	$192K	$628K	50x	as long as short
Lighter POL	+0.0096%	1h	0.1085	−0.116%	$276K	$542K	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	+0.0099%	4h	0.1087	+0.009%	$5.6M	$9.5M	50x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1088	+0.147%	$7.3M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1086	−0.013%	$360K	$240K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1086	−0.009%	$16.6M	$38.2M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1086	−0.037%	$15.6M	$10.5M	75x	as long as short
MEXC POL_USDTlong	+0.0100%	4h	0.1086	long leg	$24.5M	$3.2M	125x
KuCoin POLUSDTM	+0.0100%	4h	0.1086	−0.055%	$2.9M	$940K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1086	0.000%	$4.0M	$4.2M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1086	−0.028%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1083	−0.302%	$600K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1085	−0.129%	$1.1M	$2.7M	10x	as long as short
Extended POL-USD	+0.0104%	1h	0.1086	−0.082%	$91K	$270K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1083	−0.322%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1087	+0.054%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1085	−0.092%	$893K	$159K	75x	as long as short