Funding you earn now, next payment 08:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.33 per $10,000 · paid last 24h −0.048%
Price spread now: Orderly against Binance−0.034%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.034%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, 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 | Binance POLUSDT | 0.1097 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $16.7M | $38.0M | 75x |
| Short | Orderly PERP_POL_USDC | 0.1096 | 0.0035 | get 0.0017% / 4h | 2h 12m | $11K | $1.0M | 20x |
Binance POLUSDT
Orderly PERP_POL_USDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.65
- Price spread: −0.034% → −0.039%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$29.15
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 14 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, 14 min ago | 0.46 bp | 10.8 bp −$11 | 23.0 bp −$230 | 179.2 bp −$17.9K | 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 | −0.0480% | 1h | 0.1081 | −1.447% | $199K | $200K | 50x | as long as short |
| Gate POL_USDT | −0.0196% | 4h | 0.1096 | −0.098% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0139% | 1h | 0.1096 | −0.077% | $1.2M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1096 | −0.048% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | −0.106% | $19K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1097 | +0.036% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.288% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDCshort | +0.0035% | 4h | 0.1096 | −0.034% | $11K | $1.0M | 20x | |
| Lighter POL | +0.0096% | 1h | 0.1096 | −0.089% | $277K | $544K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1098 | +0.121% | $7.4M | $3.7M | 5x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1097 | +0.017% | $364K | $240K | 20x | as long as short |
| Binance POLUSDTlong | +0.0100% | 4h | 0.1097 | long leg | $16.7M | $38.0M | 75x | |
| Bybit POLUSDT | +0.0100% | 4h | 0.1096 | −0.043% | $15.7M | $10.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1097 | −0.025% | $5.6M | $9.6M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1096 | −0.043% | $24.7M | $3.2M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1096 | −0.062% | $2.9M | $939K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | +0.030% | $4.1M | $4.1M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1096 | −0.034% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1093 | −0.374% | $604K | $167K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1094 | −0.244% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1094 | −0.262% | $194K | $630K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1096 | −0.109% | $92K | $265K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1095 | −0.156% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1097 | +0.054% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1095 | −0.217% | $887K | $158K | 75x | as long as short |
Aster POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT