POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.023%

Price spread now: Gate against KuCoin−0.119%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1031.034% of the position

Long on KuCoin Short on Gate

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+0.035%+$4 · spread now −0.119%, 7d avg −0.066%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.066%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin POLUSDTM	0.1095	0.0100	pay 0.0050% / 4h	3h 25m	$2.9M	$966K	50x
Short	Gate POL_USDT	0.1094	0.0058	get 0.0029% / 4h	3h 25m	$1.8M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.119%Rate

Funding earned: −$8.82
Price spread: −0.119% → −0.066%: −$5.23
Slippage, 4 orders: −$76.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.48
Costs to cover: 1.034%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 2 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 KuCoin live order book, 2 min ago	6.84 bp	23.4 bp −$23	139.7 bp −$1,397	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.03 bp	21.3 bp −$21	163.5 bp −$1,635	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	0.1094	−0.128%	$202K	$198K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1096	+0.036%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1095	−0.069%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1096	+0.053%	$17K	$2K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1096	+0.031%	$12K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.424%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0043%	4h	0.1096	+0.018%	$11K	$467K	20x	as long as short
Gate POL_USDTshort	+0.0058%	4h	0.1094	−0.119%	$1.8M	$1.4M	75x
Lighter POL	+0.0096%	1h	0.1095	+0.001%	$279K	$541K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1097	+0.137%	$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	0.1096	+0.058%	$364K	$247K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1095	−0.027%	$16.9M	$40.9M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1095	−0.055%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1095	−0.009%	$5.7M	$9.9M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1095	−0.027%	$24.7M	$3.6M	125x	as long as short
KuCoin POLUSDTMlong	+0.0100%	4h	0.1095	long leg	$2.9M	$966K	50x
Bitget POLUSDT	+0.0100%	4h	0.1095	−0.027%	$4.0M	$4.3M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1095	−0.055%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	−0.087%	$606K	$206K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1098	+0.201%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1097	+0.146%	$195K	$635K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1095	−0.054%	$91K	$393K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1094	−0.162%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1096	+0.016%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0340%	4h	0.1097	+0.110%	$904K	$164K	75x	as long as short