Funding you earn now, next payment 02:00 UTC−0.0674%/8h= −73.8% APRnext payment −$0.84 per $10,000 · paid last 24h −0.186%
Price spread now: Coinbase International against GMX−0.016%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—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: −$20 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX POL/USD [ETH-USDC] | 0.1103 | L +0.0210% / S −0.0388% | pay 0.0026% / 1h | 7m 44s | $3K | — | 100x |
| Short | Coinbase International POL-PERP-INTX | 0.1103 | −0.0464 | pay 0.0058% / 1h | 7m 44s | $203K | $199K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- −$141.48
- Price spread: −0.016% → 0.000%
- −$1.63
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$165.11
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 55 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 55 min ago | 13.63 bp | 18.6 bp −$19 | doesn't fit | 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 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-INTXshort | −0.0464% | 1h | 0.1103 | −0.016% | $203K | $199K | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1102 | −0.093% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1104 | +0.083% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1104 | +0.030% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.709% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1103 | −0.025% | $11K | $270K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1103 | −0.047% | $284K | $565K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1103 | −0.043% | $367K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1102 | −0.107% | $17.1M | $42.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1101 | −0.152% | $15.9M | $11.7M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1102 | −0.125% | $5.7M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1103 | −0.044% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1102 | −0.107% | $24.4M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1103 | −0.007% | $2.9M | $973K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1103 | −0.034% | $4.2M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1102 | −0.107% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1104 | +0.064% | $611K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1106 | +0.288% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1105 | +0.165% | $196K | $634K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1102 | −0.104% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1101 | −0.195% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC]long | L +0.0210% / S −0.0388% | 1h | 0.1103 | long leg | $3K | — | 100x | |
| Hyperliquid POL | +0.0223% | 1h | 0.1104 | +0.074% | $7.4M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0260% | 1h | 0.1104 | +0.079% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1104 | +0.092% | $913K | $167K | 75x | as long as short |
GMX POL/USD [ETH-USDC]
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
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
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT