POL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0355%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.196%

Price spread now: GMX against Injective−0.775%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.775% cheaper against Injective than usual: you would sell low and buy high (spread −0.775% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$77 on $10k: about 7.3 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective POL/USDC PERP	0.1111	0.0033	pay 0.0004% / 1h	59m 20s	$3K	$124K	12x
Short	GMX POL/USD [ETH-USDC]	0.1102	L +0.0210% / S −0.0388%	get 0.0049% / 1h	59m 20s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee GMXbpOrdersPrice spread, now −0.775%Rate

Funding earned: $74.54
Price spread: −0.775% → 0.000%: −$77.5
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: −$14.98
Costs to cover: 0.120%
Break-even: 8.4 days

Slippage unknown: Injective: live order book, 25 min ago; GMX: 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 Injective live order book, 25 min ago	86.09 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 24 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	−0.0464%	1h	0.1099	−1.080%	$202K	$201K	50x	as long as short
Reya POLRUSDPERP	−0.0006%	1h	0.1102	−0.827%	$3K	—	—	as long as short
dYdX POL-USD	0.0000%	1h	0.1103	−0.738%	$17K	$1K	5x	as long as short
gTrade (Gains Network) POL/USD	L +0.0004% / S −0.0007%	1h	0.1103	−0.743%	$24K	—	150x	as long as short
Injective POL/USDC PERPlong	+0.0033%	1h	0.1111	long leg	$3K	$124K	12x
Orderly PERP_POL_USDC	+0.0046%	4h	0.1102	−0.801%	$11K	$305K	20x	as long as short
Lighter POL	+0.0096%	1h	0.1103	−0.751%	$285K	$564K	8x	as long as short
Hyperliquid POL	+0.0100%	1h	0.1104	−0.609%	$7.4M	$3.7M	5x	as long as short
Aster POLUSDT	+0.0100%	4h	0.1103	−0.690%	$367K	$276K	20x	as long as short
Binance POLUSDT	+0.0100%	4h	0.1102	−0.785%	$17.1M	$42.5M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit POLUSDT	+0.0100%	4h	0.1102	−0.819%	$15.9M	$11.8M	75x	as long as short
OKX POL-USDT-SWAP	+0.0100%	4h	0.1102	−0.819%	$5.7M	$10.1M	50x	as long as short
Gate POL_USDT	+0.0100%	4h	0.1102	−0.828%	$1.8M	$1.3M	75x	as long as short
MEXC POL_USDT	+0.0100%	4h	0.1102	−0.801%	$23.8M	$3.5M	125x	as long as short
KuCoin POLUSDTM	+0.0100%	4h	0.1103	−0.756%	$2.9M	$969K	50x	as long as short
Bitget POLUSDT	+0.0100%	4h	0.1102	−0.783%	$4.2M	$4.7M	50x	as long as short
BingX POL-USDT	+0.0100%	4h	0.1102	−0.792%	—	$7.2M	—	as long as short
Variational Omni POL	+0.0100%	4h	0.1102	−0.854%	$610K	$209K	—	as long as short
GRVT POL_USDT_Perp	+0.0100%	4h	0.1102	−0.817%	$1.1M	$2.7M	10x	as long as short
ApeX Omni POLUSDT	+0.0100%	1h	0.1103	−0.720%	$195K	$634K	50x	as long as short
Extended POL-USD	+0.0104%	1h	0.1102	−0.807%	$92K	$446K	10x	as long as short
Aevo POL-PERP	+0.0104%	1h	0.1101	−0.903%	$40K	—	3x	as long as short
GMX POL/USD [ETH-USDC]short	L +0.0210% / S −0.0388%	1h	0.1102	−0.775%	$3K	—	100x
Kraken Futures PF_POLUSD	+0.0260%	1h	0.1103	−0.682%	$1.2M	$1.2M	50x	as long as short