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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0388%/8h= +42.5% APRnext payment +$0.49 per $10,000 · paid last 24h −0.035%
Price spread now: GMX against dYdX+0.148%7-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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.148% dearer against dYdX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX POL-USD0.10850get 0.0000% / 1h22m 24s$18K$4K5x
ShortGMX POL/USD [ETH-USDC]0.1087L +0.0210% / S −0.0388%get 0.0049% / 1h22m 24s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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
$81.54
Price spread: +0.148% → 0.000%
$14.81
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$74.34
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and 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−0.0480%1h0.1081−0.413%$199K$200K50xas long as short
Gate POL_USDT−0.0222%4h0.1085−0.072%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1085−0.067%$1.1M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1086+0.076%$2Kas long as short
dYdX POL-USDlong0.0000%1h0.1085long leg$18K$4K5x
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1087+0.146%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.351%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0037%4h0.1087+0.103%$11K$968K20xas long as short
ApeX Omni POLUSDT+0.0074%1h0.1084−0.137%$192K$628K50xas long as short
Lighter POL+0.0096%1h0.1085−0.022%$276K$542K8xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0099%4h0.1087+0.103%$5.6M$9.5M50xas long as short
Hyperliquid POL+0.0100%1h0.1088+0.241%$7.3M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1086+0.080%$360K$240K20xas long as short
Binance POLUSDT+0.0100%4h0.1086+0.084%$16.6M$38.2M75xas long as short
Bybit POLUSDT+0.0100%4h0.1086+0.057%$15.6M$10.5M75xas long as short
MEXC POL_USDT+0.0100%4h0.1086+0.094%$24.5M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1086+0.038%$2.9M$940K50xas long as short
Bitget POLUSDT+0.0100%4h0.1086+0.094%$4.0M$4.2M50xas long as short
BingX POL-USDT+0.0100%4h0.1086+0.066%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1083−0.208%$600K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1085−0.035%$1.1M$2.7M10xas long as short
Extended POL-USD+0.0104%1h0.1086+0.012%$91K$270K10xas long as short
Aevo POL-PERP+0.0104%1h0.1083−0.229%$40K3xas long as short
GMX POL/USD [ETH-USDC]shortL +0.0210% / S −0.0388%1h0.1087+0.148%$3K100x
BloFin POL-USDT+0.0340%4h0.1085+0.002%$893K$159K75xas long as short