POL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.063%

Price spread now: Orderly against OKX+0.027%7-day average −0.015% · you sell dearer than you buy

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

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.373%−$37 on $10k

Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.027%, 7d avg −0.015%

Together, before fees−0.585%−$59 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.043% dearer against OKX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.015%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.373% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX POL-USDT-SWAP	0.1101	0.0100	pay 0.0050% / 4h	2h 05m	$5.7M	$10.2M	50x
Short	Orderly PERP_POL_USDC	0.1101	0.0047	get 0.0023% / 4h	2h 05m	$11K	$312K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now +0.027%Rate

Funding earned: −$11.18
Price spread: +0.027% → −0.015%: $4.26
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$22.92
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	0.45 bp	14.0 bp −$14	61.1 bp −$611	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 24 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	−0.0312%	1h	0.1099	−0.154%	$202K	$203K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1101	+0.006%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1102	+0.083%	$17K	$4K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1102	+0.085%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.936%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDCshort	+0.0047%	4h	0.1101	+0.027%	$11K	$312K	20x
Lighter POL	+0.0096%	1h	0.1101	+0.050%	$284K	$577K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1102	+0.101%	$366K	$276K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1101	+0.036%	$17.1M	$42.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1101	+0.009%	$15.9M	$12.0M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAPlong	+0.0100%	4h	0.1101	long leg	$5.7M	$10.2M	50x
Gate POL_USDT	+0.0100%	4h	0.1100	−0.027%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1101	+0.018%	$23.8M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1101	+0.036%	$2.9M	$981K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1101	+0.036%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1101	+0.018%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1100	−0.031%	$609K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1099	−0.118%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1101	+0.027%	$195K	$636K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1101	+0.010%	$92K	$446K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1100	−0.064%	$40K	—	3x	as long as short
Kraken Futures PF_POLUSD	+0.0117%	1h	0.1102	+0.151%	$1.2M	$1.2M	50x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1101	+0.068%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0241%	1h	0.1103	+0.218%	$7.4M	$3.7M	5x	as long as short