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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0107%/8h= −11.7% APRnext payment $0.13 per $10,000 · paid last 24h −0.045%
Price spread now: Extended against GMX−0.293%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.293% cheaper against GMX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1118L +0.0211% / S −0.0606%pay 0.0026% / 1h6m 59s$3K100x
ShortExtended POL-USD0.11150.0104get 0.0013% / 1h6m 59s$93K$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
−$22.46
Price spread: −0.293% → 0.000%
−$29.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$68.73
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 16 min ago. 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 GMX no order-book sample
Sell Extended live order book, 16 min ago1.88 bp16.4 bp −$16162.5 bp −$1,625doesn't fitdoesn't fit
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−0.0080%1h0.1111−0.657%$202K$253K50xas long as short
Kraken Futures PF_POLUSD−0.0072%1h0.1118−0.046%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0027%4h0.1117−0.103%$11K$206K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1117−0.111%$3Kas long as short
gTrade (Gains Network) POL/USDL +0.0004% / S −0.0006%1h0.1118+0.011%$22K150xas long as short
Injective POL/USDC PERP+0.0033%1h0.1111−0.657%$3K$124K12xas long as short
dYdX POL-USD+0.0036%1h0.1119+0.048%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1117−0.148%$309K$562K8xas long as short
Hyperliquid POL+0.0100%1h0.1118−0.013%$7.6M$4.6M5xas long as short
Aster POLUSDT+0.0100%4h0.1117−0.087%$371K$359K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POLUSDT+0.0100%4h0.1115−0.282%$17.0M$51.7M75xas long as short
Bybit POLUSDT+0.0100%4h0.1115−0.300%$16.1M$16.3M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1115−0.273%$5.8M$12.1M50xas long as short
Gate POL_USDT+0.0100%4h0.1118−0.040%$1.9M$1.4M75xas long as short
MEXC POL_USDT+0.0100%4h0.1115−0.282%$23.5M$4.0M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1116−0.201%$2.8M$1.1M50xas long as short
Bitget POLUSDT+0.0100%4h0.1115−0.282%$4.2M$6.0M50xas long as short
BingX POL-USDC+0.0100%4h0.1115−0.264%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1118−0.047%$660K$211Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1119+0.018%$1.1M$3.4M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1119+0.058%$198K$662K50xas long as short
Extended POL-USDshort+0.0104%1h0.1115−0.293%$93K$427K10x
Aevo POL-PERP+0.0104%1h0.1115−0.255%$41K3xas long as short
GMX POL/USD [ETH-USDC]longL +0.0211% / S −0.0606%1h0.1118long leg$3K100x
BloFin POL-USDT+0.0340%4h0.1117−0.085%$906K$168K75xas long as short