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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX POL/USD [ETH-USDC] | 0.1118 | L +0.0211% / S −0.0606% | pay 0.0026% / 1h | 6m 59s | $3K | — | 100x |
| Short | Extended POL-USD | 0.1115 | 0.0104 | get 0.0013% / 1h | 6m 59s | $93K | $427K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 16 min ago | 1.88 bp | 16.4 bp −$16 | 162.5 bp −$1,625 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0080% | 1h | 0.1111 | −0.657% | $202K | $253K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1118 | −0.046% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0027% | 4h | 0.1117 | −0.103% | $11K | $206K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1117 | −0.111% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1118 | +0.011% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.657% | $3K | $124K | 12x | as long as short |
| dYdX POL-USD | +0.0036% | 1h | 0.1119 | +0.048% | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1117 | −0.148% | $309K | $562K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1118 | −0.013% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1117 | −0.087% | $371K | $359K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1115 | −0.282% | $17.0M | $51.7M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1115 | −0.300% | $16.1M | $16.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1115 | −0.273% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1118 | −0.040% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1115 | −0.282% | $23.5M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1116 | −0.201% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1115 | −0.282% | $4.2M | $6.0M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1115 | −0.264% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.047% | $660K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.018% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1119 | +0.058% | $198K | $662K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1115 | −0.293% | $93K | $427K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1115 | −0.255% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC]long | L +0.0211% / S −0.0606% | 1h | 0.1118 | long leg | $3K | — | 100x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1117 | −0.085% | $906K | $168K | 75x | as long as short |
GMX POL/USD [ETH-USDC]
Extended POL-USD
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
BloFin POL-USDT