Funding you earn now, next payment 22:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.067%
Price spread now: Extended against Orderly+0.017%7-day average +0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 3 days (all we have)+1.507%+$151 · spread now +0.017%, 7d avg +0.012%
=Together, before fees+1.903%+ Points / potential airdropExtended: Active · farm board+$190 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$4 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 | 0.1113 | −0.0044 | get 0.0022% / 4h | 2h 53m | $11K | $213K | 20x |
| Short | Extended POL-USD | 0.1114 | 0.0104 | get 0.0013% / 1h | 53m 13s | $93K | $437K | 10x |
Orderly PERP_POL_USDC
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.11
- Price spread: +0.017% → +0.012%
- $0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $20.54
- Costs to cover
- 0.110%
- Break-even
- 2.4 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 34 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 Extended live order book, 34 min ago | 1.79 bp | 15.5 bp −$15 | 148.8 bp −$1,488 | doesn't fit | 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 | −0.0080% | 1h | 0.1113 | −0.036% | $203K | $255K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1114 | +0.080% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDClong | −0.0044% | 4h | 0.1113 | long leg | $11K | $213K | 20x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1114 | +0.020% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1114 | +0.099% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0015% | 1h | 0.1113 | −0.019% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1113 | −0.036% | $3K | $73K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0068% | 4h | 0.1116 | +0.211% | $1.1M | $3.5M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0084% | 1h | 0.1115 | +0.144% | $197K | $659K | 50x | as long as short |
| OKX POL-USDT-SWAP | +0.0094% | 4h | 0.1113 | −0.018% | $5.8M | $12.3M | 50x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
OKX POL-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter POL | +0.0096% | 1h | 0.1114 | +0.030% | $320K | $550K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1115 | +0.135% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1115 | +0.102% | $370K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1113 | −0.006% | $17.0M | $52.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1113 | −0.036% | $16.0M | $16.6M | 75x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1113 | −0.036% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1113 | 0.000% | $23.4M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1113 | −0.027% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1114 | +0.009% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1113 | −0.036% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1114 | +0.026% | $658K | $260K | — | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1114 | +0.017% | $93K | $437K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1113 | −0.036% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1114 | +0.094% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1113 | −0.027% | $904K | $168K | 75x | as long as short |
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT