POL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.236%

Price spread now: GMX against Kraken Futures+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.032% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_POLUSD	0.1096	0.0315	pay 0.0039% / 1h	38m 22s	$1.2M	$1.2M	50x
Short	GMX POL/USD [ETH-USDC]	0.1096	L +0.0210% / S −0.0388%	get 0.0049% / 1h	38m 22s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $15.38
Price spread: +0.032% → 0.000%: $3.19
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$3.43
Costs to cover: 0.220%
Break-even: 8.6 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: 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 Kraken Futures live order book, 5 min ago	10.06 bp	16.9 bp −$17	53.7 bp −$537	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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-INTX	−0.0520%	1h	0.1091	−0.467%	$201K	$195K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1096	−0.004%	$3K	—	—	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1096	+0.008%	$24K	—	150x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+1.357%	$3K	$124K	12x	as long as short
Orderly PERP_POL_USDC	+0.0041%	4h	0.1096	−0.047%	$11K	$263K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1095	−0.121%	$279K	$554K	8x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1095	−0.093%	$363K	$271K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1096	−0.027%	$17.0M	$42.0M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1095	−0.057%	$15.7M	$11.8M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1096	−0.002%	$5.6M	$10.0M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate POL_USDT	+0.0100%	4h	0.1094	−0.166%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1096	+0.007%	$24.4M	$3.6M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1096	−0.002%	$2.9M	$976K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1096	+0.007%	$4.1M	$4.7M	50x	as long as short
BingX POL-USDC	+0.0100%	4h	0.1096	−0.020%	—	$1.6M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1092	−0.417%	$604K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1094	−0.231%	$1.1M	$2.8M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1092	−0.376%	$193K	$635K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1096	−0.054%	$94K	$453K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1094	−0.229%	$40K	—	3x	as long as short
Hyperliquid POL	+0.0191%	1h	0.1098	+0.167%	$7.4M	$3.7M	5x	as long as short
GMX POL/USD [ETH-USDC]short	L +0.0210% / S −0.0388%	1h	0.1096	+0.032%	$3K	—	100x
dYdX POL-USD	+0.0303%	1h	0.1095	−0.111%	$17K	$2K	5x	as long as short
Kraken Futures PF_POLUSDlong	+0.0315%	1h	0.1096	long leg	$1.2M	$1.2M	50x
BloFin POL-USDT	+0.0340%	4h	0.1095	−0.093%	$909K	$167K	75x	as long as short