POL 永续合约资金费率 — 各交易所对比
POL (ex-MATIC)
POL 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 POL：做多 OKX / 做空 Phemex → 扣除成本后一周 +$22.06（实际结算年化 29.1%）。
- 做多 OKX做空 Phemex+$22.06每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +29.1%
- 稳定
- 95%
回本 3 天 - 做多 OKX做空 BingX+$17.15每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +25.4%
- 稳定
- 89%
回本 3 天 - 做多 OKX做空 KuCoin+$16.95每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +29.1%
- 稳定
- 89%
回本 3 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+10.96%
Interval
4h
Open Interest
$2.5M
Mark Price
$0.0831
+10.96%
Interval
4h
Open Interest
$273K
Mark Price
$0.0831
+10.96%
Interval
1h
Open Interest
$47K
Mark Price
$0.0831
+10.96%
Interval
4h
Open Interest
$1.6M
Mark Price
$0.0832
+3.69%
Interval
4h
Open Interest
$9.9M
Mark Price
$0.0832
+0.00%
Interval
1h
Open Interest
$283K
Mark Price
$0.0831
+0.00%
Interval
1h
Open Interest
$14K
Mark Price
$0.0832
-0.72%
Interval
4h
Open Interest
$550K
Mark Price
$0.0832
-0.88%
Interval
4h
Open Interest
$239K
Mark Price
$0.083
-1.31%
Interval
4h
Open Interest
$783K
Mark Price
$0.0831
-1.31%
Interval
4h
Open Interest
$2.9M
Mark Price
$0.0831
-1.53%
Interval
4h
Open Interest
$41K
Mark Price
$0.0831
-2.28%
Interval
4h
Open Interest
—
Mark Price
$0.0831
-3.29%
Interval
4h
Open Interest
$1.4M
Mark Price
$0.083
-3.73%
Interval
4h
Open Interest
—
Mark Price
$0.0831
-3.80%
Interval
4h
Open Interest
$11.1M
Mark Price
$0.0832
-3.94%
Interval
4h
Open Interest
$13.5M
Mark Price
$0.083
-4.05%
Interval
4h
Open Interest
—
Mark Price
$0.083
-4.16%
Interval
4h
Open Interest
$733K
Mark Price
$0.083
-4.16%
Interval
4h
Open Interest
$671K
Mark Price
$0.0832
-4.16%
Interval
4h
Open Interest
—
Mark Price
$0.0831
-4.38%
Interval
1h
Open Interest
$14K
Mark Price
$0.083
-11.10%
Interval
4h
Open Interest
$4.7M
Mark Price
$0.0831
-11.19%
Interval
1h
Open Interest
$4.5M
Mark Price
$0.0832
-11.19%
Interval
1h
Open Interest
$4.5M
Mark Price
$0.0832
-11.19%
Interval
1h
Open Interest
$4.5M
Mark Price
$0.0832
-11.19%
Interval
1h
Open Interest
$4.5M
Mark Price
$0.0832
-11.19%
Interval
1h
Open Interest
$4.5M
Mark Price
$0.0832
-25.05%
Interval
4h
Open Interest
$18K
Mark Price
$0.083
-27.18%
Interval
1h
Open Interest
$11K
Mark Price
$0.0831
-31.33%
Interval
1h
Open Interest
$47K
Mark Price
$0.0829
-53.47%
Interval
4h
Open Interest
$4.5M
Mark Price
$0.0832
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 KuCoinBest Short | +10.96% | 4h | $2.5M | $0.0831 |
 Aster | +10.96% | 4h | $273K | $0.0831 |
 ApeX | +10.96% | 1h | $47K | $0.0831 |
 Phemex | +10.96% | 4h | $1.6M | $0.0832 |
 Bybit | +3.69% | 4h | $9.9M | $0.0832 |
 Lighter | +0.00% | 1h | $283K | $0.0831 |
 dYdX | +0.00% | 1h | $14K | $0.0832 |
 BloFin | -0.72% | 4h | $550K | $0.0832 |
 Variational | -0.88% | 4h | $239K | $0.083 |
 BingX | -1.31% | 4h | $783K | $0.0831 |
 Bitget | -1.31% | 4h | $2.9M | $0.0831 |
 Pionex | -1.53% | 4h | $41K | $0.0831 |
 Bitunix | -2.28% | 4h | — | $0.0831 |
 Hotcoin | -3.29% | 4h | $1.4M | $0.083 |
 LBank | -3.73% | 4h | — | $0.0831 |
 Binance Futures | -3.80% | 4h | $11.1M | $0.0832 |
 MEXC | -3.94% | 4h | $13.5M | $0.083 |
 WEEX | -4.05% | 4h | — | $0.083 |
 grvt | -4.16% | 4h | $733K | $0.083 |
 Toobit | -4.16% | 4h | $671K | $0.0832 |
 CoinW | -4.16% | 4h | — | $0.0831 |
 Extended | -4.38% | 1h | $14K | $0.083 |
 OKX | -11.10% | 4h | $4.7M | $0.0831 |
 Hyperliquid | -11.19% | 1h | $4.5M | $0.0832 |
 dreamcash | -11.19% | 1h | $4.5M | $0.0832 |
 Ventuals | -11.19% | 1h | $4.5M | $0.0832 |
 Kinetiq | -11.19% | 1h | $4.5M | $0.0832 |
 Entropy | -11.19% | 1h | $4.5M | $0.0832 |
 WOOFi Pro | -25.05% | 4h | $18K | $0.083 |
 Crypto.com | -27.18% | 1h | $11K | $0.0831 |
 TxFlow | -31.33% | 1h | $47K | $0.0829 |
 Gate.ioBest Long | -53.47% | 4h | $4.5M | $0.0832 |
POL 资金费率的含义
资金费率数据更新于 2026-11-14 10:44 UTC
ORBIT 按交易所实时汇总 POL（POL (ex-MATIC)） 永续合约在 32 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 POL 的年化资金费率从 Gate.io 的 -53.47% 到 KuCoin 的 +10.96% 不等。
POL 当前最大的跨所资金费率价差为年化 64.4%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Gate.io 做多，在费率最高的 KuCoin 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
POL 在所跟踪的永续品种中持仓量排名第 98，各交易所合计持仓量 $78.5M，24 小时成交量 $37.6M，成交量加权标记价格 $0.0831。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 POL 资金费率最高？
- KuCoin，年化 +10.96%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，POL 应在哪家交易所做多？
- Gate.io 的 POL 资金费率最低，为年化 -53.47%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- POL 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Gate.io 做多 / KuCoin 做空，扣除成本前约为年化 64.4%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- POL 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- POL 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -53.47% 到 +10.96%——正是这种分歧创造了跨所套利机会。