POL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.127%

Price spread now: Kraken Futures against GMX+0.082%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Kraken Futures

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.082% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX POL/USD [ETH-USDC]	0.1105	L +0.0210% / S −0.0388%	pay 0.0026% / 1h	34m 50s	$3K	—	100x
Short	Kraken Futures PF_POLUSD	0.1106	0.0259	get 0.0032% / 1h	34m 50s	$1.2M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.082%Rate

Funding earned: $10.41
Price spread: +0.082% → 0.000%: $8.23
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$3.36
Costs to cover: 0.220%
Break-even: 9.3 days

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	8.17 bp	16.9 bp −$17	58.1 bp −$581	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
Coinbase International POL-PERP-INTX	−0.0464%	1h	0.1098	−0.609%	$202K	$200K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1104	−0.047%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1104	−0.093%	$17K	$1K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1105	+0.006%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+0.568%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0043%	4h	0.1104	−0.057%	$11K	$298K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1105	+0.015%	$285K	$564K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1104	−0.022%	$367K	$269K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1104	−0.055%	$17.2M	$42.2M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1103	−0.157%	$15.9M	$11.9M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX POL-USDT-SWAP	+0.0100%	4h	0.1103	−0.138%	$5.7M	$10.0M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1104	−0.066%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1104	−0.039%	$23.8M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1105	+0.033%	$2.9M	$975K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1104	−0.102%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1104	−0.039%	—	$1.7M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1103	−0.190%	$610K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1102	−0.249%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1101	−0.338%	$195K	$636K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1104	−0.027%	$92K	$448K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1103	−0.202%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]long	L +0.0210% / S −0.0388%	1h	0.1105	long leg	$3K	—	100x
Hyperliquid POL	+0.0227%	1h	0.1105	+0.061%	$7.4M	$3.7M	5x	as long as short
Kraken Futures PF_POLUSDshort	+0.0259%	1h	0.1106	+0.082%	$1.2M	$1.2M	50x
BloFin POL-USDT	+0.0340%	4h	0.1104	−0.066%	$913K	$166K	75x	as long as short