POL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.010%

Price spread now: gTrade (Gains Network) against Injective−1.490%115s7-day average — · you buy dearer than you sell

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

Long on Injective Short on gTrade (Gains Network)

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 1.490% cheaper against Injective than usual: you would sell low and buy high (−$149 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective POL/USDC PERP	0.1111	0.0033	pay 0.0004% / 1h	1m 31s	$3K	$124K	12x
Short	gTrade (Gains Network) POL/USD	0.1094	L +0.0003% / S −0.0003%	get 0.0000% / 1h	1m 31s	$9K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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 InjectivebpFee gTrade (Gains Network)bpOrdersPrice spread, now −1.490%Rate

Funding earned: −$6.42
Price spread: −1.490% → 0.000%: −$148.96
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$165.4
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 58 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 Injective live order book, 58 min ago	78.02 bp	doesn't fit	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	−0.0544%	1h	0.1087	−2.160%	$201K	$176K	50x	as long as short
Kraken Futures PF_POLUSD	−0.0233%	1h	0.1094	−1.554%	$1.2M	$1.0M	50x	as long as short
Gate POL_USDT	−0.0226%	4h	0.1092	−1.683%	$1.8M	$1.3M	75x	as long as short
OKX POL-USDT-SWAP	−0.0079%	4h	0.1094	−1.548%	$5.7M	$9.3M	50x	as long as short
Orderly PERP_POL_USDC	−0.0063%	4h	0.1094	−1.566%	$11K	$2.1M	20x	as long as short
ApeX Omni POLUSDT	−0.0039%	1h	0.1092	−1.710%	$194K	$641K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1093	−1.579%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1094	−1.543%	$19K	$3K	5x	as long as short
gTrade (Gains Network) POL/USDshort	L +0.0003% / S −0.0003%	1h	0.1094	−1.490%	$9K	—	150x
Bybit POLUSDT	+0.0005%	4h	0.1093	−1.611%	$15.7M	$9.6M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT POL_USDT_Perp	+0.0030%	4h	0.1093	−1.592%	$1.1M	$2.9M	10x	as long as short
Injective POL/USDC PERPlong	+0.0033%	1h	0.1111	long leg	$3K	$124K	12x
Extended POL-USD	+0.0072%	1h	0.1093	−1.665%	$92K	$520K	10x	as long as short
MEXC POL_USDT	+0.0072%	4h	0.1094	−1.566%	$25.0M	$3.4M	125x	as long as short
Binance POLUSDT	+0.0073%	4h	0.1093	−1.611%	$16.7M	$36.3M	75x	as long as short
Lighter POL	+0.0096%	1h	0.1093	−1.604%	$276K	$544K	8x	as long as short
Aevo POL-PERP	+0.0096%	1h	0.1092	−1.710%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1095	−1.449%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1093	−1.605%	$362K	$167K	20x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1094	−1.521%	$2.9M	$868K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1094	−1.548%	$4.0M	$3.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1093	−1.620%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1089	−1.953%	$602K	$166K	—	as long as short
GMX POL/USD [ETH-USDC]	L +0.0210% / S −0.0388%	1h	0.1094	−1.501%	$3K	—	100x	as long as short
BloFin POL-USDT	+0.0304%	4h	0.1090	−1.872%	$900K	$145K	75x	as long as short