Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h +0.010%
Price spread now: gTrade (Gains Network) against Injective−1.037%55s7-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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 1.037% cheaper against Injective than usual: you would sell low and buy high (−$104 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POL/USDC PERP | 0.1111 | 0.0033 | pay 0.0004% / 1h | 3m 35s | $3K | $124K | 12x |
| Short | gTrade (Gains Network) POL/USD | 0.1099 | L +0.0004% / S −0.0007% | get 0.0001% / 1h | 3m 35s | $24K | — | 150x |
Injective POL/USDC PERP
gTrade (Gains Network) POL/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Injective. 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
- −$5.47
- Price spread: −1.037% → 0.000%
- −$103.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$119.18
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 15 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 15 min ago | 68.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 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-INTX | −0.0464% | 1h | 0.1096 | −1.350% | $202K | $198K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1098 | −1.165% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1098 | −1.161% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USDshort | L +0.0004% / S −0.0007% | 1h | 0.1099 | −1.037% | $24K | — | 150x | |
| Injective POL/USDC PERPlong | +0.0033% | 1h | 0.1111 | long leg | $3K | $124K | 12x | |
| Orderly PERP_POL_USDC | +0.0041% | 4h | 0.1098 | −1.143% | $11K | $270K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1097 | −1.229% | $283K | $565K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1099 | −1.071% | $365K | $264K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1097 | −1.251% | $17.1M | $42.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1097 | −1.251% | $15.8M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1097 | −1.269% | $5.6M | $10.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1098 | −1.188% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1097 | −1.260% | $24.3M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1097 | −1.224% | $2.9M | $972K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | −1.278% | $4.1M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1097 | −1.260% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1098 | −1.158% | $608K | $209K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1100 | −1.017% | $1.1M | $2.7M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1099 | −1.080% | $195K | $633K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1097 | −1.276% | $95K | $453K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1098 | −1.215% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1099 | −1.069% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0218% | 1h | 0.1099 | −1.071% | $7.4M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0261% | 1h | 0.1099 | −1.053% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1099 | −1.062% | $911K | $166K | 75x | as long as short |
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
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT