Funding you earn now, next payment 11:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.144%
Price spread now: GMX against ApeX Omni−0.003%172s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 172 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 | ApeX Omni POLUSDT | 0.1089 | −0.0174 | get 0.0022% / 1h | 49m 29s | $154K | $665K | 50x |
| Short | GMX POL/USD [ETH-USDC] | 0.1089 | L +0.0164% / S −0.0294% | get 0.0037% / 1h | 49m 29s | $3K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- $98.35
- Price spread: −0.003% → 0.000%
- −$0.28
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $76.08
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: ApeX Omni: live order book, 61 min ago; GMX: 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 ApeX Omni live order book, 61 min ago | 9.15 bp | 19.6 bp −$20 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 exchanges
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 | −0.0624% | 1h | 0.1083 | −0.551% | $197K | $163K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0347% | 1h | 0.1086 | −0.263% | $1.2M | $933K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0187% | 4h | 0.1085 | −0.358% | $10K | $2.6M | 20x | as long as short |
| ApeX Omni POLUSDTlong | −0.0174% | 1h | 0.1089 | long leg | $154K | $665K | 50x | |
| Gate POL_USDT | −0.0160% | 4h | 0.1085 | −0.413% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0078% | 4h | 0.1089 | −0.011% | $1.0M | $2.7M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0040% | 4h | 0.1086 | −0.275% | $5.6M | $8.3M | 50x | as long as short |
| Bitget POLUSDT | −0.0018% | 4h | 0.1085 | −0.376% | $4.0M | $3.2M | 50x | as long as short |
| Binance POLUSDT | −0.0009% | 4h | 0.1085 | −0.344% | $16.6M | $31.8M | 75x | as long as short |
| Extended POL-USD | −0.0008% | 1h | 0.1085 | −0.353% | $91K | $526K | 10x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1085 | −0.369% | $2K | — | — | as long as short |
| MEXC POL_USDT | −0.0004% | 4h | 0.1085 | −0.358% | $25.0M | $3.2M | 125x | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1086 | −0.298% | $24K | $9K | 5x | as long as short |
| BloFin POL-USDT | +0.0002% | 4h | 0.1088 | −0.110% | $894K | $135K | 75x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1090 | +0.084% | $9K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.020% | $3K | $124K | 12x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1084 | −0.459% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1086 | −0.320% | $265K | $483K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1087 | −0.211% | $7.3M | $3.4M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1086 | −0.248% | $365K | $166K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1085 | −0.376% | $15.4M | $8.8M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1086 | −0.285% | $3.1M | $787K | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1085 | −0.358% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1084 | −0.425% | $601K | $163K | — | as long as short |
| GMX POL/USD [ETH-USDC]short | L +0.0164% / S −0.0294% | 1h | 0.1089 | −0.003% | $3K | — | 100x |
ApeX Omni POLUSDT
GMX POL/USD [ETH-USDC]
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Bitget POLUSDT
Binance POLUSDT
Extended POL-USD
MEXC POL_USDT
BloFin POL-USDT
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
BingX POL-USDC
Variational Omni POL