POL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0384%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.180%

Price spread now: GMX against gTrade (Gains Network)−0.041%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.041% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) POL/USD	0.1101	L +0.0004% / S −0.0007%	pay 0.0001% / 1h	57m 01s	$24K	—	150x
Short	GMX POL/USD [ETH-USDC]	0.1101	L +0.0210% / S −0.0388%	get 0.0049% / 1h	57m 01s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $80.69
Price spread: −0.041% → 0.000%: −$4.09
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $54.6
Costs to cover: 0.220%
Break-even: 2.3 days

Slippage unknown: gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

gTrade (Gains Network) 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0512%	1h	0.1098	−0.276%	$202K	$198K	50x	as long as short
Gate POL_USDT	−0.0242%	4h	0.1099	−0.167%	$1.8M	$1.3M	75x	as long as short
Kraken Futures PF_POLUSD	−0.0140%	1h	0.1101	−0.039%	$1.2M	$1.2M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1100	−0.102%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1102	+0.060%	$17K	$2K	5x	as long as short
GRVT POL_USDT_Perp	+0.0002%	4h	0.1100	−0.076%	$1.1M	$2.8M	10x	as long as short
gTrade (Gains Network) POL/USDlong	L +0.0004% / S −0.0007%	1h	0.1101	long leg	$24K	—	150x
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.905%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0041%	4h	0.1100	−0.113%	$11K	$244K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1100	−0.054%	$280K	$540K	8x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid POL	+0.0100%	1h	0.1102	+0.124%	$7.5M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1100	−0.074%	$365K	$271K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1101	−0.013%	$17.1M	$41.3M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1101	−0.040%	$15.8M	$11.7M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1102	+0.051%	$5.7M	$10.1M	50x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1101	−0.013%	$24.7M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1101	+0.005%	$2.9M	$975K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1101	−0.004%	$4.1M	$4.6M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1101	−0.040%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1102	+0.065%	$610K	$206K	—	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1101	−0.004%	$195K	$638K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1101	−0.031%	$92K	$455K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1099	−0.217%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]short	L +0.0210% / S −0.0388%	1h	0.1101	−0.041%	$3K	—	100x
BloFin POL-USDT	+0.0340%	4h	0.1100	−0.131%	$910K	$169K	75x	as long as short