Funding you earn now, next payment 03:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.065%
Price spread now: Orderly against Extended−0.027%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.386%−$39 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now −0.027%, 7d avg −0.011%
=Together, before fees−0.568%+ Points / potential airdropExtended: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POL-USD | 0.1101 | 0.0104 | pay 0.0013% / 1h | 58m 30s | $92K | $446K | 10x |
| Short | Orderly PERP_POL_USDC | 0.1101 | 0.0046 | get 0.0023% / 4h | 1h 58m | $11K | $304K | 20x |
Extended POL-USD
Orderly PERP_POL_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Extended. 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
- −$12.24
- Price spread: −0.027% → −0.011%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.83
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: 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 Extended live order book, 4 min ago | 2.09 bp | 17.1 bp −$17 | 149.5 bp −$1,495 | 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 24 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 | −0.0464% | 1h | 0.1099 | −0.227% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.018% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1103 | +0.118% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.064% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.863% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDCshort | +0.0046% | 4h | 0.1101 | −0.027% | $11K | $304K | 20x | |
| Lighter POL | +0.0096% | 1h | 0.1102 | +0.066% | $285K | $564K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | +0.126% | $367K | $276K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | +0.009% | $17.1M | $42.5M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | 0.000% | $15.9M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1101 | −0.018% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1102 | +0.009% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | +0.027% | $23.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.046% | $2.9M | $969K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1101 | −0.009% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1101 | −0.009% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | +0.001% | $610K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | +0.038% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.136% | $195K | $634K | 50x | as long as short |
| Extended POL-USDlong | +0.0104% | 1h | 0.1101 | long leg | $92K | $446K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.048% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0118% | 1h | 0.1104 | +0.209% | $7.4M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.032% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.0260% | 1h | 0.1103 | +0.175% | $1.2M | $1.2M | 50x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
Kraken Futures PF_POLUSD