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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.36 per $10,000 · paid last 24h +0.142%
Price spread now: GMX against Extended+0.052%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 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and GMX is 0.052% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POL-USD0.10860.0104pay 0.0013% / 1h33m 08s$91K$270K10x
ShortGMX POL/USD [ETH-USDC]0.1086L +0.0210% / S −0.0388%get 0.0049% / 1h33m 08s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$59.7
Price spread: +0.052% → 0.000%
$5.2
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$47.9
Costs to cover
0.170%
Break-even
1.4 days
Slippage unknown: Extended: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 14 min ago1.84 bp16.5 bp −$17243.4 bp −$2,434doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International POL-PERP-INTX−0.0480%1h0.1086+0.045%$200K$200K50xas long as short
Gate POL_USDT−0.0246%4h0.1085−0.047%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0140%1h0.1086+0.020%$1.1M$1.0M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1085−0.007%$2Kas long as short
dYdX POL-USD0.0000%1h0.1088+0.213%$18K$4K5xas long as short
gTrade (Gains Network) POL/USDL +0.0003% / S −0.0001%1h0.1087+0.102%$12K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111+2.348%$3K$124K12xas long as short
Orderly PERP_POL_USDC+0.0039%4h0.1085−0.011%$11K$918K20xas long as short
Lighter POL+0.0096%1h0.1086+0.025%$276K$542K8xas long as short
OKX POL-USDT-SWAP+0.0098%4h0.1086+0.008%$5.6M$9.5M50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POL+0.0100%1h0.1087+0.183%$7.3M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1086+0.081%$360K$242K20xas long as short
Binance POLUSDT+0.0100%4h0.1086+0.017%$16.6M$38.5M75xas long as short
Bybit POLUSDT+0.0100%4h0.1086+0.008%$15.6M$10.6M75xas long as short
MEXC POL_USDT+0.0100%4h0.1086+0.045%$24.5M$3.2M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1086+0.008%$2.9M$939K50xas long as short
Bitget POLUSDT+0.0100%4h0.1086+0.026%$4.0M$4.2M50xas long as short
BingX POL-USDC+0.0100%4h0.1086+0.045%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1088+0.250%$602K$166Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1089+0.318%$1.1M$2.7M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1090+0.413%$193K$630K50xas long as short
Extended POL-USDlong+0.0104%1h0.1086long leg$91K$270K10x
Aevo POL-PERP+0.0104%1h0.1086+0.085%$40K3xas long as short
GMX POL/USD [ETH-USDC]shortL +0.0210% / S −0.0388%1h0.1086+0.052%$3K100x
BloFin POL-USDT+0.0340%4h0.1091+0.478%$899K$160K75xas long as short