Funding you earn now, next payment 11:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Injective against gTrade (Gains Network)+2.690%65s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.690% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$269 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 65 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 | gTrade (Gains Network) POL/USD | 0.1082 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 7m 12s | $8K | — | 150x |
| Short | Injective POL/USDC PERP | 0.1111 | 0.0033 | get 0.0004% / 1h | 7m 12s | $3K | $124K | 12x |
gTrade (Gains Network) POL/USD
Injective POL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- $6.27
- Price spread: +2.690% → 0.000%
- $268.97
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $265.22
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: live order book, 39 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 39 min ago | 101.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 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 | 0.1076 | −0.545% | $195K | $164K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0348% | 1h | 0.1082 | −0.020% | $1.1M | $959K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0198% | 4h | 0.1081 | −0.092% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0134% | 4h | 0.1080 | −0.129% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0094% | 4h | 0.1081 | −0.093% | $1.0M | $2.7M | 10x | as long as short |
| Bitget POLUSDT | −0.0028% | 4h | 0.1082 | +0.028% | $4.0M | $3.2M | 50x | as long as short |
| Bybit POLUSDT | −0.0027% | 4h | 0.1081 | −0.102% | $15.4M | $8.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.0023% | 4h | 0.1081 | −0.065% | $5.6M | $8.1M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1081 | −0.100% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1082 | −0.014% | $24K | $9K | 5x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Gate POL_USDT
GRVT POL_USDT_Perp
Bitget POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Reya POLRUSDPERP
dYdX POL-USDShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC POL_USDT | 0.0000% | 4h | 0.1081 | −0.074% | $25.0M | $3.2M | 125x | as long as short |
| gTrade (Gains Network) POL/USDlong | L +0.0003% / S −0.0003% | 1h | 0.1082 | long leg | $8K | — | 150x | |
| Binance POLUSDT | +0.0006% | 4h | 0.1081 | −0.072% | $16.5M | $31.4M | 75x | as long as short |
| Extended POL-USD | +0.0008% | 1h | 0.1081 | −0.096% | $90K | $526K | 10x | as long as short |
| Aster POLUSDT | +0.0015% | 4h | 0.1082 | +0.026% | $363K | $164K | 20x | as long as short |
| Injective POL/USDC PERPshort | +0.0033% | 1h | 0.1111 | +2.690% | $3K | $124K | 12x | |
| Aevo POL-PERP | +0.0080% | 1h | 0.1080 | −0.214% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1082 | −0.014% | $259K | $517K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1083 | +0.111% | $7.3M | $3.4M | 5x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1082 | −0.028% | $3.1M | $788K | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1081 | −0.083% | — | $7.0M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1080 | −0.182% | $599K | $162K | — | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1082 | +0.009% | $153K | $662K | 50x | as long as short |
| BloFin POL-USDT | +0.0196% | 4h | 0.1081 | −0.074% | $889K | $131K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0202% / S −0.0373% | 1h | 0.1082 | +0.001% | $3K | — | 100x | as long as short |
MEXC POL_USDT
Binance POLUSDT
Extended POL-USD
Aster POLUSDT
Aevo POL-PERP
Lighter POL
Hyperliquid POL
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
ApeX Omni POLUSDT
BloFin POL-USDT
GMX POL/USD [ETH-USDC]