Settings8H · net · $10k
Funding arb · Price arb /

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1103L +0.0210% / S −0.0388%pay 0.0026% / 1h7m 44s$3K100x
ShortCoinbase International POL-PERP-INTX0.1103−0.0464pay 0.0058% / 1h7m 44s$203K$199K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Coinbase International live order book, 55 min ago13.63 bp18.6 bp −$19doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTXshort−0.0464%1h0.1103−0.016%$203K$199K50x
Reya POLRUSDPERP−0.0006%1h0.1102−0.093%$3Kas long as short
dYdX POL-USD0.0000%1h0.1104+0.083%$17K$1K5xas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0007%1h0.1104+0.030%$24K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+0.709%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0042%4h0.1103−0.025%$11K$270K20xas long as short
Lighter POL+0.0096%1h0.1103−0.047%$284K$565K8xas long as short
Aster POLUSDT+0.0100%4h0.1103−0.043%$367K$269K20xas long as short
Binance POLUSDT+0.0100%4h0.1102−0.107%$17.1M$42.0M75xas long as short
Bybit POLUSDT+0.0100%4h0.1101−0.152%$15.9M$11.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX POL-USDT-SWAP+0.0100%4h0.1102−0.125%$5.7M$10.0M50xas long as short
Gate POL_USDT+0.0100%4h0.1103−0.044%$1.8M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1102−0.107%$24.4M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1103−0.007%$2.9M$973K50xas long as short
Bitget POLUSDT+0.0100%4h0.1103−0.034%$4.2M$4.6M50xas long as short
BingX POL-USDC+0.0100%4h0.1102−0.107%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1104+0.064%$611K$209Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1106+0.288%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1105+0.165%$196K$634K50xas long as short
Extended POL-USD+0.0104%1h0.1102−0.104%$92K$448K10xas long as short
Aevo POL-PERP+0.0104%1h0.1101−0.195%$40K3xas long as short
GMX POL/USD [ETH-USDC]longL +0.0210% / S −0.0388%1h0.1103long leg$3K100x
Hyperliquid POL+0.0223%1h0.1104+0.074%$7.4M$3.7M5xas long as short
Kraken Futures PF_POLUSD+0.0260%1h0.1104+0.079%$1.2M$1.2M50xas long as short
BloFin POL-USDT+0.0340%4h0.1104+0.092%$913K$167K75xas long as short