Funding you earn now, next payment 22:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.13 per $10,000 · paid last 24h −0.045%
Price spread now: Extended against GMX−0.076%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.076% cheaper against GMX than usual: you would sell low and buy high (−$8 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 | GMX POL/USD [ETH-USDC] | 0.1112 | L +0.0211% / S −0.0606% | pay 0.0026% / 1h | 46m 12s | $3K | — | 100x |
| Short | Extended POL-USD | 0.1111 | 0.0104 | get 0.0013% / 1h | 46m 12s | $93K | $437K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. 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
- −$22.43
- Price spread: −0.076% → 0.000%
- −$7.65
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47.08
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 41 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 41 min ago | 1.79 bp | 15.5 bp −$15 | 148.8 bp −$1,488 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.0462% | 1h | 0.1113 | +0.112% | $197K | $660K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0080% | 1h | 0.1111 | −0.068% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1112 | +0.015% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0044% | 4h | 0.1111 | −0.059% | $11K | $209K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1111 | −0.066% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1112 | +0.042% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0007% | 1h | 0.1113 | +0.129% | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.068% | $3K | $124K | 12x | as long as short |
| GRVT POL_USDT_Perp | +0.0034% | 4h | 0.1112 | +0.019% | $1.1M | $3.5M | 10x | as long as short |
| OKX POL-USDT-SWAP | +0.0083% | 4h | 0.1111 | −0.086% | $5.7M | $12.1M | 50x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter POL | +0.0096% | 1h | 0.1111 | −0.029% | $310K | $559K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1113 | +0.121% | $7.5M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1112 | +0.050% | $370K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1111 | −0.072% | $17.0M | $51.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1110 | −0.122% | $16.0M | $16.4M | 75x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1111 | −0.104% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1111 | −0.068% | $23.3M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1111 | −0.041% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1111 | −0.032% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1111 | −0.059% | — | $7.3M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1112 | −0.023% | $657K | $230K | — | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1111 | −0.076% | $93K | $437K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1110 | −0.182% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC]long | L +0.0211% / S −0.0606% | 1h | 0.1112 | long leg | $3K | — | 100x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1112 | +0.022% | $905K | $168K | 75x | as long as short |
GMX POL/USD [ETH-USDC]
Extended POL-USD
ApeX Omni POLUSDT
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
BloFin POL-USDT