Funding you earn now, next payment 06:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.054%
Price spread now: Orderly against Aevo−0.166%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.166% cheaper against Aevo than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo POL-PERP | 0.1087 | 0.0104 | pay 0.0013% / 1h | 31m 43s | $40K | — | 3x |
| Short | Orderly PERP_POL_USDC | 0.1085 | 0.0039 | get 0.0020% / 4h | 2h 31m | $11K | $922K | 20x |
Aevo POL-PERP
Orderly PERP_POL_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aevo. 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
- −$13.6
- Price spread: −0.166% → 0.000%
- −$16.57
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$52.17
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and 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 | 0.1086 | −0.055% | $200K | $200K | 50x | as long as short |
| Gate POL_USDT | −0.0260% | 4h | 0.1084 | −0.230% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1085 | −0.160% | $1.1M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1085 | −0.146% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1086 | −0.075% | $18K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1086 | −0.082% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.246% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDCshort | +0.0039% | 4h | 0.1085 | −0.166% | $11K | $922K | 20x | |
| Lighter POL | +0.0096% | 1h | 0.1085 | −0.157% | $276K | $542K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1086 | −0.083% | $7.3M | $3.7M | 5x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1085 | −0.126% | $360K | $242K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1085 | −0.129% | $16.6M | $38.4M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1085 | −0.166% | $15.6M | $10.6M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1085 | −0.147% | $5.6M | $9.5M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1085 | −0.156% | $24.4M | $3.2M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1085 | −0.138% | $2.8M | $939K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1085 | −0.129% | $4.0M | $4.2M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1085 | −0.147% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1088 | +0.150% | $602K | $166K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1089 | +0.218% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1090 | +0.313% | $193K | $630K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1085 | −0.154% | $91K | $270K | 10x | as long as short |
| Aevo POL-PERPlong | +0.0104% | 1h | 0.1087 | long leg | $40K | — | 3x | |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1086 | −0.091% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1091 | +0.377% | $899K | $160K | 75x | as long as short |
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT