Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.6% APRnext payment +$0.36 per $10,000 · paid last 24h +0.164%
Price spread now: GMX against ApeX Omni+0.009%68s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POLUSDT0.11020.0100pay 0.0013% / 1h59m 42s$195K$638K50x
ShortGMX POL/USD [ETH-USDC]0.1102L +0.0210% / S −0.0388%get 0.0049% / 1h59m 42s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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

Funding earned
$60.54
Price spread: +0.009% → 0.000%
$0.91
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$39.44
Costs to cover
0.220%
Break-even
2.4 days
Slippage unknown: ApeX Omni: live order book, 58 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 58 min ago13.68 bp22.7 bp −$23128.6 bp −$1,286doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0520%1h0.1103+0.091%$203K$198K50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1101−0.059%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1102−0.003%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.817%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0041%4h0.1101−0.045%$11K$246K20xas long as short
Lighter POL+0.0096%1h0.1102−0.009%$280K$540K8xas long as short
Aster POLUSDT+0.0100%4h0.1102−0.006%$366K$271K20xas long as short
Binance POLUSDT+0.0100%4h0.1102−0.036%$17.1M$41.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1102−0.036%$15.8M$11.8M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.11020.000%$5.7M$10.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate POL_USDT+0.0100%4h0.1101−0.091%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102−0.018%$24.7M$3.5M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.11020.000%$2.9M$975K50xas long as short
Bitget POLUSDT+0.0100%4h0.1102−0.018%$4.1M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1102−0.027%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1102−0.022%$610K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1102−0.009%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDTlong+0.0100%1h0.1102long leg$195K$638K50x
Extended POL-USD+0.0104%1h0.1101−0.065%$92K$454K10xas long as short
Aevo POL-PERP+0.0104%1h0.1100−0.181%$40K3xas long as short
dYdX POL-USD+0.0106%1h0.1102−0.027%$17K$2K5xas long as short
Hyperliquid POL+0.0162%1h0.1104+0.136%$7.5M$3.7M5xas long as short
GMX POL/USD [ETH-USDC]shortL +0.0210% / S −0.0388%1h0.1102+0.009%$3K100x
Kraken Futures PF_POLUSD+0.0313%1h0.1102+0.027%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1101−0.054%$911K$169K75xas long as short