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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0156%/8h= −17.0% APRnext payment $0.19 per $10,000 · paid last 24h −0.060%
Price spread now: gTrade (Gains Network) against GMX+0.002%7-day average · you sell dearer than you buy
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 4 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: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1080L +0.0158% / S −0.0283%pay 0.0020% / 1h45m 22s$3K100x
ShortgTrade (Gains Network) POL/USD0.1080L +0.0003% / S −0.0003%get 0.0000% / 1h45m 22s$8K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$32.69
Price spread: +0.002% → 0.000%
$0.19
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$54.51
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0648%1h0.1075−0.428%$195K$158K50xas long as short
Kraken Futures PF_POLUSD−0.0372%1h0.1080+0.020%$1.1M$774K50xas long as short
Orderly PERP_POL_USDC−0.0200%4h0.1079−0.085%$10K$2.6M20xas long as short
Gate POL_USDT−0.0164%4h0.1078−0.141%$1.8M$931K75xas long as short
GRVT POL_USDT_Perp−0.0112%4h0.1079−0.068%$1.0M$2.7M10xas long as short
Bybit POLUSDT−0.0086%4h0.1079−0.085%$15.3M$8.1M75xas long as short
Bitget POLUSDT−0.0042%4h0.1079−0.057%$3.9M$2.8M50xas long as short
OKX POL-USDT-SWAP−0.0014%4h0.1079−0.039%$5.6M$7.7M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1079−0.094%$2Kas long as short
dYdX POL-USD0.0000%1h0.10800.000%$23K$9K5xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) POL/USDshortL +0.0003% / S −0.0003%1h0.1080+0.002%$8K150x
BingX POL-USDT+0.0004%4h0.1079−0.085%$7.0Mas long as short
Extended POL-USD+0.0008%1h0.1079−0.090%$94K$607K10xas long as short
MEXC POL_USDT+0.0008%4h0.1079−0.085%$24.9M$3.1M125xas long as short
Binance POLUSDT+0.0010%4h0.1079−0.057%$16.6M$29.6M75xas long as short
BloFin POL-USDT+0.0015%4h0.1080+0.054%$896K$135K75xas long as short
ApeX Omni POLUSDT+0.0016%1h0.1077−0.243%$152K$662K50xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.907%$3K$124K12xas long as short
Aster POLUSDT+0.0060%4h0.1079−0.015%$363K$139K20xas long as short
Aevo POL-PERP+0.0080%1h0.1079−0.104%$39K3xas long as short
Lighter POL+0.0096%1h0.1079−0.099%$252K$424K8xas long as short
Hyperliquid POL+0.0100%1h0.1081+0.100%$7.3M$3.4M5xas long as short
KuCoin POLUSDTM+0.0100%4h0.1080−0.011%$3.1M$761K50xas long as short
Variational Omni POL+0.0100%4h0.1077−0.231%$600K$157Kas long as short
GMX POL/USD [ETH-USDC]longL +0.0158% / S −0.0283%1h0.1080long leg$3K100x