Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.322%
Price spread now: dYdX against Gate−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.123% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1103 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.8M | $1.3M | 75x |
| Short | dYdX POL-USD | 0.1101 | 0 | get 0.0000% / 1h | 43m 03s | $17K | $1K | 5x |
Gate POL_USDT
dYdX POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Gate. 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
- −$21
- Price spread: −0.123% → 0.000%
- −$12.34
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$58.34
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; dYdX: 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 Gate live order book, 5 min ago | 4.55 bp | 21.0 bp −$21 | 148.7 bp −$1,487 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0464% | 1h | 0.1098 | −0.408% | $202K | $201K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1103 | +0.015% | $3K | — | — | as long as short |
| dYdX POL-USDshort | 0.0000% | 1h | 0.1101 | −0.123% | $17K | $1K | 5x | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1103 | +0.088% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.771% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0044% | 4h | 0.1103 | +0.054% | $11K | $299K | 20x | as long as short |
| ApeX Omni POLUSDT | +0.0048% | 1h | 0.1100 | −0.227% | $195K | $636K | 50x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1104 | +0.093% | $285K | $564K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | +0.030% | $367K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1104 | +0.136% | $17.1M | $42.2M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
ApeX Omni POLUSDT
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1103 | +0.045% | $15.9M | $11.9M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1104 | +0.127% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDTlong | +0.0100% | 4h | 0.1103 | long leg | $1.8M | $1.3M | 75x | |
| MEXC POL_USDT | +0.0100% | 4h | 0.1104 | +0.118% | $23.8M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1103 | +0.063% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1104 | +0.136% | $4.2M | $4.7M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1103 | +0.036% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1100 | −0.185% | $609K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1100 | −0.194% | $1.1M | $2.7M | 10x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1104 | +0.109% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1102 | −0.088% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1104 | +0.105% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0228% | 1h | 0.1105 | +0.272% | $7.4M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0260% | 1h | 0.1104 | +0.177% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1101 | −0.091% | $911K | $165K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT