POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.048%

Price spread now: Orderly against Binance+0.055%7-day average −0.040% · you sell dearer than you buy

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

Long on Binance 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)−0.365%−$37 · spread now +0.055%, 7d avg −0.040%

Together, before fees−0.741%−$74 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.095% dearer against Binance than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.040%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance POLUSDT	0.1093	0.0100	pay 0.0050% / 4h	1h 04m	$16.7M	$36.5M	75x
Short	Orderly PERP_POL_USDC	0.1094	0.0006	get 0.0003% / 4h	1h 04m	$11K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now +0.055%Rate

Funding earned: −$19.68
Price spread: +0.055% → −0.040%: $9.48
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$26.2
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago	0.46 bp	10.6 bp −$11	24.6 bp −$246	172.9 bp −$17.3K	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 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	−0.0472%	1h	0.1088	−0.457%	$201K	$194K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0379%	1h	0.1094	+0.117%	$1.2M	$994K	50x	as long as short
Gate POL_USDT	−0.0318%	4h	0.1093	−0.018%	$1.8M	$1.3M	75x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1094	+0.059%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1095	+0.163%	$19K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1095	+0.155%	$12K	—	150x	as long as short
OKX POL-USDT-SWAP	+0.0005%	4h	0.1093	+0.009%	$5.7M	$9.3M	50x	as long as short
Orderly PERP_POL_USDCshort	+0.0006%	4h	0.1094	+0.055%	$11K	$1.5M	20x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.647%	$3K	$124K	12x	as long as short
ApeX Omni POLUSDT	+0.0056%	1h	0.1094	+0.091%	$194K	$641K	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter POL	+0.0096%	1h	0.1093	+0.033%	$277K	$543K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1095	+0.180%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1094	+0.108%	$363K	$174K	20x	as long as short
Binance POLUSDTlong	+0.0100%	4h	0.1093	long leg	$16.7M	$36.5M	75x
Bybit POLUSDT	+0.0100%	4h	0.1093	+0.009%	$15.7M	$9.6M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1093	0.000%	$24.7M	$3.3M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1094	+0.064%	$2.9M	$918K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1093	+0.037%	$4.1M	$3.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1093	+0.018%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	+0.106%	$605K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1094	+0.065%	$1.1M	$2.8M	10x	as long as short
Extended POL-USD	+0.0104%	1h	0.1093	−0.029%	$94K	$235K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1092	−0.064%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1095	+0.153%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1094	+0.082%	$898K	$146K	75x	as long as short