Funding you earn now, next payment 11:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.064%
Price spread now: Reya against GMX−0.101%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 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] | 0.1082 | L +0.0202% / S −0.0373% | pay 0.0025% / 1h | 5m 21s | $3K | — | 100x |
| Short | Reya POLRUSDPERP | 0.1081 | −0.0006 | pay 0.0001% / 1h | 5m 21s | $2K | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$43.73
- Price spread: −0.101% → 0.000%
- −$10.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$71.86
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 exchanges
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 | −0.0624% | 1h | 0.1076 | −0.537% | $195K | $164K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0348% | 1h | 0.1083 | +0.066% | $1.1M | $959K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0199% | 4h | 0.1082 | −0.010% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0134% | 4h | 0.1080 | −0.140% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0094% | 4h | 0.1081 | −0.084% | $1.0M | $2.7M | 10x | as long as short |
| Bitget POLUSDT | −0.0026% | 4h | 0.1082 | −0.019% | $4.0M | $3.2M | 50x | as long as short |
| Bybit POLUSDT | −0.0022% | 4h | 0.1082 | −0.019% | $15.4M | $8.7M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.0016% | 4h | 0.1082 | −0.001% | $5.6M | $8.1M | 50x | as long as short |
| Reya POLRUSDPERPshort | −0.0006% | 1h | 0.1081 | −0.101% | $2K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1082 | −0.005% | $24K | $9K | 5x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1082 | −0.014% | $8K | — | 150x | as long as short |
| MEXC POL_USDT | +0.0006% | 4h | 0.1081 | −0.112% | $24.9M | $3.2M | 125x | as long as short |
| Extended POL-USD | +0.0008% | 1h | 0.1081 | −0.042% | $90K | $526K | 10x | as long as short |
| Binance POLUSDT | +0.0011% | 4h | 0.1082 | −0.007% | $16.5M | $31.3M | 75x | as long as short |
| Aster POLUSDT | +0.0015% | 4h | 0.1083 | +0.115% | $364K | $164K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.698% | $3K | $124K | 12x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1080 | −0.121% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1082 | +0.064% | $259K | $517K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1083 | +0.073% | $7.3M | $3.5M | 5x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1081 | −0.038% | $3.1M | $786K | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1081 | −0.066% | — | $7.0M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1081 | −0.115% | $599K | $162K | — | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1082 | +0.018% | $153K | $662K | 50x | as long as short |
| BloFin POL-USDT | +0.0121% | 4h | 0.1081 | −0.075% | $889K | $131K | 75x | as long as short |
| GMX POL/USD [ETH-USDC]long | L +0.0202% / S −0.0373% | 1h | 0.1082 | long leg | $3K | — | 100x |
GMX POL/USD [ETH-USDC]
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
GRVT POL_USDT_Perp
Bitget POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
gTrade (Gains Network) POL/USD
MEXC POL_USDT
Extended POL-USD
Binance POLUSDT
Aster POLUSDT
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
ApeX Omni POLUSDT
BloFin POL-USDT