POL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.069%

Price spread now: Binance against Orderly+0.027%7-day average +0.037% · you sell dearer than you buy

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

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.401%+$40 on $10k

Price spread, last 3 days (all we have)+0.352%+$35 · spread now +0.027%, 7d avg +0.037%

Together, before fees+0.753%+$75 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_POL_USDC	0.1119	0.0007	pay 0.0003% / 4h	33m 21s	$11K	$190K	20x
Short	Binance POLUSDT	0.1119	0.0100	get 0.0050% / 4h	33m 21s	$17.2M	$50.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: $19.55
Price spread: +0.027% → +0.037%: −$1.05
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $2.5
Costs to cover: 0.160%
Break-even: 6.1 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 9 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	0.45 bp	8.3 bp −$8	19.9 bp −$199	103.7 bp −$10.4K	doesn't fit

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	0.1117	−0.134%	$204K	$224K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0072%	1h	0.1119	+0.044%	$1.2M	$1.8M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1118	−0.014%	$3K	—	—	as long as short
dYdX POL-USD	+0.0002%	1h	0.1119	+0.051%	$17K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1119	+0.044%	$24K	—	150x	as long as short
Orderly PERP_POL_USDClong	+0.0007%	4h	0.1119	long leg	$11K	$190K	20x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	−0.671%	$3K	$124K	12x	as long as short
Lighter POL	+0.0096%	1h	0.1119	+0.025%	$298K	$572K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1119	+0.045%	$372K	$353K	20x	as long as short
Binance POLUSDTshort	+0.0100%	4h	0.1119	+0.027%	$17.2M	$50.3M	75x

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	−0.036%	$16.1M	$15.3M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1118	−0.009%	$5.8M	$11.8M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1118	−0.080%	$1.9M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1119	+0.009%	$24.3M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1118	−0.036%	$2.8M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1118	−0.018%	$4.1M	$5.5M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1119	0.000%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1117	−0.110%	$661K	$183K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1119	+0.018%	$1.1M	$3.2M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1119	+0.045%	$197K	$655K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1119	+0.017%	$93K	$427K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1117	−0.128%	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0216% / S −0.0750%	1h	0.1119	+0.073%	$3K	—	100x	as long as short
Hyperliquid POL	+0.0295%	1h	0.1121	+0.197%	$7.6M	$4.0M	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1118	−0.063%	$911K	$168K	75x	as long as short