POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.023%

Price spread now: KuCoin against Gate+0.156%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1021.025% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days−0.072%−$7 · spread now +0.156%, 7d avg +0.066%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.089% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POL_USDT	0.1092	−0.0040	get 0.0020% / 4h	3h 21m	$1.8M	$1.4M	75x
Short	KuCoin POLUSDTM	0.1094	0.0100	get 0.0050% / 4h	3h 21m	$2.9M	$966K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.156%Rate

Funding earned: $29.4
Price spread: +0.156% → +0.066%: $8.92
Slippage, 4 orders: −$75.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$64.13
Costs to cover: 1.025%
Break-even: 22.3 days

Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 6 min ago.

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 Gate live order book, 1 min ago	3.67 bp	21.9 bp −$22	154.2 bp −$1,542	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	6.84 bp	37.7 bp −$38	139.0 bp −$1,390	doesn't fit	doesn't fit

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	0.1090	−0.220%	$201K	$198K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1094	+0.183%	$1.2M	$1.2M	50x	as long as short
Gate POL_USDTlong	−0.0040%	4h	0.1092	long leg	$1.8M	$1.4M	75x
Reya POLRUSDPERP	−0.0006%	1h	0.1094	+0.140%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1094	+0.189%	$12K	—	150x	as long as short
dYdX POL-USD	+0.0024%	1h	0.1094	+0.119%	$17K	$2K	5x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.703%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0043%	4h	0.1094	+0.137%	$11K	$526K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1094	+0.156%	$278K	$541K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1095	+0.265%	$7.4M	$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	0.1094	+0.163%	$363K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1094	+0.111%	$16.9M	$41.1M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1093	+0.064%	$15.7M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1094	+0.110%	$5.7M	$9.9M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1094	+0.146%	$24.6M	$3.6M	125x	as long as short
KuCoin POLUSDTMshort	+0.0100%	4h	0.1094	+0.156%	$2.9M	$966K	50x
Bitget POLUSDT	+0.0100%	4h	0.1094	+0.156%	$4.0M	$4.3M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1094	+0.101%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	+0.187%	$606K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1095	+0.220%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1095	+0.238%	$194K	$634K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1094	+0.127%	$96K	$333K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1093	+0.024%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1095	+0.208%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1092	−0.046%	$901K	$163K	75x	as long as short