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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0208%/8h= −22.7% APRnext payment $0.26 per $10,000 · paid last 24h +0.335%
Price spread now: dYdX against GMX+0.016%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1116L +0.0211% / S −0.0606%pay 0.0026% / 1h31m 42s$3K100x
ShortdYdX POL-USD0.11160.0003get 0.0000% / 1h31m 42s$17K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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
−$43.63
Price spread: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$64.03
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell dYdX no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0080%1h0.1111−0.431%$202K$254K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1116−0.019%$1.2M$1.8M50xas long as short
ApeX Omni POLUSDT−0.0045%1h0.1115−0.073%$197K$660K50xas long as short
Orderly PERP_POL_USDC−0.0035%4h0.1115−0.064%$11K$209K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1115−0.081%$3Kas long as short
dYdX POL-USDshort+0.0003%1h0.1116+0.016%$17K$3K5x
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1116+0.010%$22K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.431%$3K$124K12xas long as short
Lighter POL+0.0096%1h0.1115−0.073%$311K$559K8xas long as short
OKX POL-USDT-SWAP+0.0097%4h0.1115−0.073%$5.8M$12.1M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1117+0.125%$7.6M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1115−0.064%$371K$383K20xas long as short
Binance POLUSDT+0.0100%4h0.1115−0.096%$17.0M$51.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1115−0.099%$16.0M$16.4M75xas long as short
Gate POL_USDT+0.0100%4h0.1116+0.035%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1115−0.091%$23.4M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1116+0.044%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1116−0.010%$4.1M$6.0M50xas long as short
BingX POL-USDC+0.0100%4h0.1115−0.064%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1115−0.098%$658K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1117+0.107%$1.1M$3.4M10xas long as short
Extended POL-USD+0.0104%1h0.1114−0.121%$93K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1114−0.200%$41K3xas long as short
GMX POL/USD [ETH-USDC]longL +0.0211% / S −0.0606%1h0.1116long leg$3K100x
BloFin POL-USDT+0.0340%4h0.1116−0.001%$902K$168K75xas long as short