POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.072%

Price spread now: Orderly against Bitget−0.181%7-day average −0.047% · you buy dearer than you sell

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.525%−$53 on $10k

Price spread, last 4 days (all we have)−0.462%−$46 · spread now −0.181%, 7d avg −0.047%

Together, before fees−0.987%−$99 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.134% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget POLUSDT	0.1104	0.0100	pay 0.0050% / 4h	3h 53m	$4.1M	$4.6M	50x
Short	Orderly PERP_POL_USDC	0.1102	0.0041	get 0.0021% / 4h	3h 53m	$11K	$244K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.181%Rate

Funding earned: −$12.37
Price spread: −0.181% → −0.047%: −$13.43
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$43.8
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	0.45 bp	15.8 bp −$16	21.9 bp −$219	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 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	−0.0512%	1h	0.1098	−0.561%	$202K	$198K	50x	as long as short
ApeX Omni POLUSDT	−0.0407%	1h	0.1101	−0.290%	$195K	$639K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0139%	1h	0.1103	−0.099%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1103	−0.127%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1103	−0.109%	$17K	$2K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	−0.080%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.616%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDCshort	+0.0041%	4h	0.1102	−0.181%	$11K	$244K	20x
Lighter POL	+0.0096%	1h	0.1103	−0.110%	$281K	$540K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1105	+0.038%	$7.5M	$3.7M	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster POLUSDT	+0.0100%	4h	0.1103	−0.115%	$366K	$271K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1104	−0.054%	$17.1M	$41.3M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1103	−0.072%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1104	−0.045%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1102	−0.190%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1104	−0.054%	$24.8M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1104	−0.063%	$2.9M	$975K	50x	as long as short
Bitget POLUSDTlong	+0.0100%	4h	0.1104	long leg	$4.1M	$4.6M	50x
BingX POL-USDC	+0.0100%	4h	0.1104	−0.045%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1100	−0.348%	$609K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1101	−0.317%	$1.1M	$2.8M	10x	as long as short
Extended POL-USD	+0.0104%	1h	0.1103	−0.073%	$92K	$455K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1101	−0.290%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1103	−0.086%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1101	−0.272%	$911K	$169K	75x	as long as short