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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni POLUSDT | 0.1102 | 0.0100 | pay 0.0013% / 1h | 59m 42s | $195K | $638K | 50x |
| Short | GMX POL/USD [ETH-USDC] | 0.1102 | L +0.0210% / S −0.0388% | get 0.0049% / 1h | 59m 42s | $3K | — | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 58 min ago | 13.68 bp | 22.7 bp −$23 | 128.6 bp −$1,286 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0520% | 1h | 0.1103 | +0.091% | $203K | $198K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.059% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | −0.003% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.817% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1101 | −0.045% | $11K | $246K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1102 | −0.009% | $280K | $540K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1102 | −0.006% | $366K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | −0.036% | $17.1M | $41.4M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1102 | −0.036% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | 0.000% | $5.7M | $10.1M | 50x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1101 | −0.091% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | −0.018% | $24.7M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | 0.000% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1102 | −0.018% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1102 | −0.027% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | −0.022% | $610K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | −0.009% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDTlong | +0.0100% | 1h | 0.1102 | long leg | $195K | $638K | 50x | |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.065% | $92K | $454K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.181% | $40K | — | 3x | as long as short |
| dYdX POL-USD | +0.0106% | 1h | 0.1102 | −0.027% | $17K | $2K | 5x | as long as short |
| Hyperliquid POL | +0.0162% | 1h | 0.1104 | +0.136% | $7.5M | $3.7M | 5x | as long as short |
| GMX POL/USD [ETH-USDC]short | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.009% | $3K | — | 100x | |
| Kraken Futures PF_POLUSD | +0.0313% | 1h | 0.1102 | +0.027% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1101 | −0.054% | $911K | $169K | 75x | as long as short |
ApeX Omni POLUSDT
GMX POL/USD [ETH-USDC]
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT