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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0385%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.168%
Price spread now: GMX against gTrade (Gains Network)−0.007%7-day average · you buy dearer than you sell
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 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: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) POL/USD0.1094L +0.0003% / S −0.0001%pay 0.0000% / 1h51m 50s$12K150x
ShortGMX POL/USD [ETH-USDC]0.1094L +0.0210% / S −0.0388%get 0.0049% / 1h51m 50s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$80.81
Price spread: −0.007% → 0.000%
−$0.73
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$58.07
Costs to cover
0.220%
Break-even
2.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and 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−0.0544%1h0.1088−0.515%$201K$193K50xas long as short
Gate POL_USDT−0.0328%4h0.1092−0.149%$1.8M$1.3M75xas long as short
Kraken Futures PF_POLUSD−0.0233%1h0.1094+0.001%$1.2M$994K50xas long as short
OKX POL-USDT-SWAP−0.0034%4h0.1093−0.058%$5.7M$9.3M50xas long as short
Reya POLRUSDPERP−0.0006%1h0.1093−0.079%$2Kas long as short
Orderly PERP_POL_USDC−0.0005%4h0.1092−0.131%$11K$1.6M20xas long as short
dYdX POL-USD0.0000%1h0.1093−0.078%$19K$3K5xas long as short
gTrade (Gains Network) POL/USDlongL +0.0003% / S −0.0001%1h0.1094long leg$12K150x
Injective POL/USDC PERP+0.0033%1h0.1111+1.588%$3K$124K12xas long as short
GRVT POL_USDT_Perp+0.0094%4h0.1093−0.067%$1.1M$2.8M10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter POL+0.0096%1h0.1093−0.014%$277K$543K8xas long as short
Hyperliquid POL+0.0100%1h0.1095+0.137%$7.4M$3.7M5xas long as short
Aster POLUSDT+0.0100%4h0.1093−0.013%$362K$169K20xas long as short
Binance POLUSDT+0.0100%4h0.1093−0.057%$16.7M$36.4M75xas long as short
Bybit POLUSDT+0.0100%4h0.1093−0.094%$15.7M$9.6M75xas long as short
MEXC POL_USDT+0.0100%4h0.1093−0.021%$24.7M$3.3M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1093−0.048%$2.9M$921K50xas long as short
Bitget POLUSDT+0.0100%4h0.1094+0.006%$4.0M$3.9M50xas long as short
BingX POL-USDC+0.0100%4h0.1093−0.021%$1.7Mas long as short
Variational Omni POL+0.0100%4h0.1089−0.460%$602K$166Kas long as short
ApeX Omni POLUSDT+0.0100%1h0.1092−0.149%$194K$642K50xas long as short
Extended POL-USD+0.0104%1h0.1093−0.049%$91K$463K10xas long as short
Aevo POL-PERP+0.0104%1h0.1091−0.195%$40K3xas long as short
GMX POL/USD [ETH-USDC]shortL +0.0210% / S −0.0388%1h0.1094−0.007%$3K100x
BloFin POL-USDT+0.0340%4h0.1092−0.122%$897K$146K75xas long as short