Funding you earn now, next payment 09:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.065%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.050% dearer against gTrade (Gains Network) 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) POL/USD | 0.1095 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 53m 38s | $9K | — | 150x |
| Short | Hyperliquid POL | 0.1096 | 0.0100 | get 0.0013% / 1h | 53m 38s | $7.4M | $3.7M | 5x |
gTrade (Gains Network) POL/USD
Hyperliquid POLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.27
- Price spread: +0.050% → 0.000%
- $5.02
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.29
- Costs to cover
- 0.190%
- Break-even
- 4.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 9 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 0.46 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | −0.0642% | 4h | 0.1094 | −0.142% | $15.7M | $9.6M | 75x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0600% | 1h | 0.1092 | −0.279% | $200K | $182K | 50x | as long as short |
| GRVT POL_USDT_Perp | −0.0568% | 4h | 0.1093 | −0.178% | $1.1M | $2.9M | 10x | as long as short |
| Kraken Futures PF_POLUSD | −0.0474% | 1h | 0.1095 | −0.029% | $1.2M | $1.0M | 50x | as long as short |
| Gate POL_USDT | −0.0256% | 4h | 0.1093 | −0.196% | $1.8M | $1.2M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.0084% | 4h | 0.1094 | −0.114% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0075% | 4h | 0.1094 | −0.078% | $11K | $2.1M | 20x | as long as short |
| ApeX Omni POLUSDT | −0.0018% | 1h | 0.1095 | −0.005% | $194K | $641K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1094 | −0.073% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | +0.070% | $19K | $3K | 5x | as long as short |
Bybit POLUSDT
Coinbase International POL-PERP-INTX
GRVT POL_USDT_Perp
Kraken Futures PF_POLUSD
Gate POL_USDT
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
ApeX Omni POLUSDT
Reya POLRUSDPERP
dYdX POL-USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) POL/USDlong | L +0.0003% / S −0.0003% | 1h | 0.1095 | long leg | $9K | — | 150x | |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.457% | $3K | $124K | 12x | as long as short |
| Binance POLUSDT | +0.0054% | 4h | 0.1094 | −0.123% | $16.7M | $36.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0062% | 4h | 0.1094 | −0.096% | $25.1M | $3.4M | 125x | as long as short |
| Extended POL-USD | +0.0064% | 1h | 0.1094 | −0.136% | $92K | $520K | 10x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1094 | −0.105% | $274K | $537K | 8x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1093 | −0.187% | $40K | — | 3x | as long as short |
| Hyperliquid POLshort | +0.0100% | 1h | 0.1096 | +0.050% | $7.4M | $3.7M | 5x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1095 | +0.023% | $363K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1094 | −0.078% | $2.9M | $877K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1094 | −0.105% | $4.0M | $4.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1094 | −0.114% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1094 | −0.112% | $605K | $166K | — | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1095 | +0.002% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0250% | 4h | 0.1092 | −0.260% | $899K | $145K | 75x | as long as short |
Injective POL/USDC PERP
Binance POLUSDT
MEXC POL_USDT
Extended POL-USD
Lighter POL
Aevo POL-PERP
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT