Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.7% APRnext payment −$0.36 per $10,000 · paid last 24h −0.059%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.105%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
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.105% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 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 | Hyperliquid POL | 0.1120 | 0.0297 | pay 0.0037% / 1h | 35m 22s | $7.6M | $4.0M | 5x |
| Short | gTrade (Gains Network) POL/USD | 0.1118 | L +0.0004% / S −0.0007% | get 0.0001% / 1h | 35m 22s | $24K | — | 150x |
Hyperliquid POL
gTrade (Gains Network) POL/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. 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
- −$60.86
- Price spread: −0.105% → 0.000%
- −$10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$90.31
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; gTrade (Gains Network): 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 Hyperliquid live order book, 7 min ago | 0.89 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0128% | 1h | 0.1119 | −0.054% | $205K | $225K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | −0.075% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1117 | −0.206% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1119 | −0.048% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USDshort | L +0.0004% / S −0.0007% | 1h | 0.1118 | −0.105% | $24K | — | 150x | |
| Orderly PERP_POL_USDC | +0.0007% | 4h | 0.1117 | −0.205% | $11K | $190K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.768% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1118 | −0.158% | $298K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | −0.068% | $372K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1118 | −0.180% | $17.2M | $50.4M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
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 | 0.1117 | −0.241% | $16.1M | $15.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1117 | −0.196% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1119 | −0.071% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1118 | −0.188% | $24.3M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1118 | −0.134% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1117 | −0.214% | $4.1M | $5.5M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1118 | −0.188% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1117 | −0.208% | $661K | $183K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | −0.080% | $1.1M | $3.2M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1119 | −0.054% | $197K | $655K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1117 | −0.204% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1116 | −0.320% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1118 | −0.122% | $3K | — | 100x | as long as short |
| Hyperliquid POLlong | +0.0297% | 1h | 0.1120 | long leg | $7.6M | $4.0M | 5x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.027% | $913K | $169K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT