POL

Alert

Funding spread now, next payment 16:00 UTC−0.0400%/8h

next payment, per $10,000−$0.50paid, last 24h−0.054%paid, last 3 days−0.030%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.030% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX POL/USD [ETH-USDC]	0.1127	L +0.0215% / S −0.0699%	pay 0.0027% / 1h	39m 37s	$3K	—	100x
Short	ApeX Omni POLUSDT	0.1129	−0.0185	pay 0.0023% / 1h	39m 37s	$200K	$644K	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee ApeX OmnibpOrdersRate

Funding earned: −$83.92
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$105.92
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 10 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.209%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 ApeX Omni live order book, 10 min ago	13.22 bp	21.6 bp −$22	133.8 bp −$1,338	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 24 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International POL-PERP-INTX	−0.0504%	1h	$243K	$254K	50x	as long as short
ApeX Omni POLUSDTshort	−0.0185%	1h	$200K	$644K	50x
Orderly PERP_POL_USDC	−0.0140%	4h	$12K	$289K	20x	as long as short
Gate POL_USDT	−0.0070%	4h	$1.9M	$1.5M	75x	as long as short
OKX POL-USDT-SWAP	−0.0031%	4h	$5.8M	$12.5M	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0006%	1h	$22K	—	150x	as long as short
Bybit POLUSDT	+0.0010%	4h	$16.0M	$17.0M	75x	as long as short
Kraken Futures PF_POLUSD	+0.0010%	1h	$1.3M	$1.8M	50x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	$3K	$176K	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter POL	+0.0096%	1h	$328K	$533K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	$6.5M	$4.5M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	$383K	$552K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	$17.3M	$54.7M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	$22.9M	$3.8M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	$3.2M	$1.1M	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	$4.3M	$6.1M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	$691K	$296K	—	as long as short
Extended POL-USD	+0.0104%	1h	$94K	$450K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	$41K	—	3x	as long as short
GMX POL/USD [ETH-USDC]long	L +0.0215% / S −0.0699%	1h	$3K	—	100x
BloFin POL-USDT	+0.0340%	4h	$938K	$185K	75x	as long as short
dYdX POL-USD	+0.1779%	1h	$17K	$3K	5x	as long as short