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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: Extended against GMX−0.082%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.082% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1094L +0.0210% / S −0.0388%pay 0.0026% / 1h24m 19s$3K100x
ShortExtended POL-USD0.10930.0104get 0.0013% / 1h24m 19s$91K$373K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$22.19
Price spread: −0.082% → 0.000%
−$8.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$47.37
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 28 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 Extended live order book, 28 min ago0.95 bp15.3 bp −$15161.4 bp −$1,614doesn'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-INTX−0.0512%1h0.1094+0.020%$202K$198K50xas long as short
Kraken Futures PF_POLUSD−0.0141%1h0.1093−0.036%$1.2M$1.2M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1093−0.072%$2Kas long as short
dYdX POL-USD0.0000%1h0.1095+0.121%$17K$2K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1094+0.020%$12K150xas long as short
Gate POL_USDT+0.0026%4h0.1094+0.011%$1.8M$1.4M75xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+1.574%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0043%4h0.1093−0.053%$11K$483K20xas long as short
Lighter POL+0.0096%1h0.1095+0.083%$279K$541K8xas long as short
Hyperliquid POL+0.0100%1h0.1095+0.121%$7.4M$3.7M5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POLUSDT+0.0100%4h0.1094+0.049%$363K$247K20xas long as short
Binance POLUSDT+0.0100%4h0.1093−0.047%$16.9M$40.9M75xas long as short
Bybit POLUSDT+0.0100%4h0.1093−0.099%$15.7M$11.7M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1093−0.090%$5.7M$9.9M50xas long as short
MEXC POL_USDT+0.0100%4h0.1094−0.026%$24.6M$3.6M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1095+0.093%$2.9M$966K50xas long as short
Bitget POLUSDT+0.0100%4h0.1093−0.062%$4.0M$4.3M50xas long as short
BingX POL-USDT+0.0100%4h0.1093−0.053%$7.2Mas long as short
Variational Omni POL+0.0100%4h0.1094+0.061%$606K$206Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1098+0.349%$1.1M$2.8M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1097+0.294%$195K$635K50xas long as short
Extended POL-USDshort+0.0104%1h0.1093−0.082%$91K$373K10x
Aevo POL-PERP+0.0104%1h0.1092−0.197%$40K3xas long as short
GMX POL/USD [ETH-USDC]longL +0.0210% / S −0.0388%1h0.1094long leg$3K100x
BloFin POL-USDT+0.0340%4h0.1095+0.084%$902K$164K75xas long as short