POL

Alert

Funding spread now, next payment 14:00 UTC+0.0713%/8h

paid, last 24h+0.216%paid, last 7 days+0.389%to open and close $10k−$1,118

Long on Coinbase International Short on Bybit

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.389% in total (about 20.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International POL-PERP-INTX	0.1117	−0.0616	get 0.0077% / 1h	50m 59s	$250K	$239K	50x
Short	Bybit POLUSDT	0.1118	0.0097	get 0.0049% / 4h	1h 50m	$16.1M	$16.7M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BybitbpOrdersRate

Funding earned: $149.74
Slippage, 4 orders: −$1,097.3
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$968.56
Break-even: 52.3 days

Slippage from Coinbase International: live order book, 3 min ago; Bybit: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.116%
Avg gap 7d: +0.401%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International live order book, 3 min ago	17.89 bp	720.3 bp −$720	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.45 bp	21.4 bp −$21	55.3 bp −$553	doesn't fit	doesn't fit

POL on 24 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni POLUSDT	−0.0665%	1h	$198K	$640K	50x	as long as short
Coinbase International POL-PERP-INTXlong	−0.0616%	1h	$250K	$239K	50x
Injective POL/USDC PERP	−0.0521%	1h	$3K	$220K	12x	as long as short
Orderly PERP_POL_USDC	−0.0163%	4h	$11K	$290K	20x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	$21K	—	150x	as long as short
Gate POL_USDT	+0.0006%	4h	$1.8M	$1.5M	75x	as long as short
Kraken Futures PF_POLUSD	+0.0064%	1h	$1.3M	$1.7M	50x	as long as short
Lighter POL	+0.0096%	1h	$357K	$475K	8x	as long as short
Bybit POLUSDTshort	+0.0097%	4h	$16.1M	$16.7M	75x

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster POLUSDT	+0.0100%	4h	$395K	$534K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	$17.3M	$53.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	$5.8M	$12.3M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	$22.6M	$3.7M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	$3.2M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	$4.2M	$5.9M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	$708K	$283K	—	as long as short
Extended POL-USD	+0.0104%	1h	$105K	$438K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	$41K	—	3x	as long as short
Hyperliquid POL	+0.0120%	1h	$6.5M	$4.4M	5x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0212% / S −0.0620%	1h	$3K	—	100x	as long as short
dYdX POL-USD	+0.0325%	1h	$17K	$3K	5x	as long as short
BloFin POL-USDT	+0.0340%	4h	$946K	$177K	75x	as long as short