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

POL

all POL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0204%/8h= −22.3% APRnext payment $0.25 per $10,000 · paid last 24h −0.058%
Price spread now: gTrade (Gains Network) against GMX−0.002%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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX POL/USD [ETH-USDC]0.1125L +0.0211% / S −0.0606%pay 0.0026% / 1h3m 30s$3K100x
ShortgTrade (Gains Network) POL/USD0.1125L +0.0004% / S −0.0007%get 0.0001% / 1h3m 30s$24K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$42.79
Price spread: −0.002% → 0.000%
−$0.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$64.96
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POL/USDC PERP−0.0162%1h0.1111−1.223%$3K$124K12xas long as short
Coinbase International POL-PERP-INTX−0.0128%1h0.1122−0.245%$205K$236K50xas long as short
Kraken Futures PF_POLUSD−0.0071%1h0.1125+0.005%$1.2M$1.8M50xas long as short
Orderly PERP_POL_USDC−0.0009%4h0.1124−0.076%$11K$196K20xas long as short
Reya POLRUSDPERP−0.0006%1h0.1124−0.101%$3Kas long as short
gTrade (Gains Network) POL/USDshortL +0.0004% / S −0.0007%1h0.1125−0.002%$24K150x
dYdX POL-USD+0.0012%1h0.1124−0.069%$17K$3K5xas long as short
Lighter POL+0.0096%1h0.1125+0.004%$300K$577K8xas long as short
Aster POLUSDT+0.0100%4h0.1124−0.026%$374K$360K20xas long as short
Binance POLUSDT+0.0100%4h0.1124−0.028%$17.4M$50.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLUSDT+0.0100%4h0.1123−0.121%$16.2M$15.5M75xas long as short
OKX POL-USDT-SWAP+0.0100%4h0.1123−0.121%$5.8M$11.9M50xas long as short
Gate POL_USDT+0.0100%4h0.1123−0.121%$1.9M$1.3M75xas long as short
MEXC POL_USDT+0.0100%4h0.1125−0.014%$23.7M$3.9M125xas long as short
KuCoin POLUSDTM+0.0100%4h0.1124−0.050%$2.8M$1.0M50xas long as short
Bitget POLUSDT+0.0100%4h0.1124−0.032%$4.2M$5.8M50xas long as short
BingX POL-USDC+0.0100%4h0.1124−0.059%$1.6Mas long as short
Variational Omni POL+0.0100%4h0.1123−0.157%$663K$189Kas long as short
GRVT POL_USDT_Perp+0.0100%4h0.1124−0.032%$1.1M$3.3M10xas long as short
ApeX Omni POLUSDT+0.0100%1h0.1122−0.245%$199K$657K50xas long as short
Extended POL-USD+0.0104%1h0.1124−0.035%$94K$427K10xas long as short
Aevo POL-PERP+0.0104%1h0.1124−0.112%$41K3xas long as short
GMX POL/USD [ETH-USDC]longL +0.0211% / S −0.0606%1h0.1125long leg$3K100x
Hyperliquid POL+0.0263%1h0.1126+0.128%$7.6M$4.0M5xas long as short
BloFin POL-USDT+0.0340%4h0.1124−0.076%$915K$169K75xas long as short