POL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0860%/8h= +94.2% APRnext payment +$1.08 per $10,000 · paid last 24h +0.285%

Price spread now: GMX against Coinbase International+0.528%53s7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 +$26 a day on $10k at the current rate, and GMX is 0.528% dearer against Coinbase International than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Coinbase International POL-PERP-INTX	0.1088	−0.0472	get 0.0059% / 1h	4m 27s	$201K	$194K	50x
Short	GMX POL/USD [ETH-USDC]	0.1094	L +0.0210% / S −0.0388%	get 0.0049% / 1h	4m 27s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now +0.528%Rate

Funding earned: $180.66
Price spread: +0.528% → 0.000%: $52.76
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $211.41
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 38 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 Coinbase International live order book, 38 min ago	13.74 bp	27.4 bp −$27	doesn't fit	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-INTXlong	−0.0472%	1h	0.1088	long leg	$201K	$194K	50x
Kraken Futures PF_POLUSD	−0.0379%	1h	0.1094	+0.577%	$1.2M	$994K	50x	as long as short
Gate POL_USDT	−0.0318%	4h	0.1093	+0.441%	$1.8M	$1.3M	75x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1093	+0.416%	$2K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1095	+0.623%	$19K	$3K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0003% / S −0.0001%	1h	0.1094	+0.550%	$12K	—	150x	as long as short
OKX POL-USDT-SWAP	+0.0005%	4h	0.1093	+0.441%	$5.7M	$9.3M	50x	as long as short
Orderly PERP_POL_USDC	+0.0006%	4h	0.1094	+0.515%	$11K	$1.5M	20x	as long as short
Injective POL/USDC PERP	+0.0033%	1h	0.1111	+2.114%	$3K	$124K	12x	as long as short
ApeX Omni POLUSDT	+0.0056%	1h	0.1094	+0.551%	$194K	$641K	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter POL	+0.0096%	1h	0.1093	+0.493%	$277K	$543K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1095	+0.607%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1094	+0.546%	$363K	$174K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1093	+0.436%	$16.7M	$36.5M	75x	as long as short
Bybit POLUSDT	+0.0100%	4h	0.1093	+0.450%	$15.7M	$9.6M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1093	+0.441%	$24.7M	$3.3M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1094	+0.515%	$2.9M	$918K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1093	+0.496%	$4.1M	$3.9M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1093	+0.478%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1094	+0.566%	$605K	$166K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1094	+0.525%	$1.1M	$2.8M	10x	as long as short
Extended POL-USD	+0.0104%	1h	0.1093	+0.430%	$94K	$235K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1092	+0.395%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]short	L +0.0210% / S −0.0388%	1h	0.1094	+0.528%	$3K	—	100x
BloFin POL-USDT	+0.0340%	4h	0.1094	+0.542%	$898K	$146K	75x	as long as short