Funding you earn now, next payment 23:00 UTC+0.0613%/8h= +67.1% APRnext payment +$0.77 per $10,000 · paid last 24h +0.194%
Price spread now: GMX against Reya+0.092%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$18 a day on $10k at the current rate, and GMX is 0.092% dearer against Reya than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1118 | −0.0006 | get 0.0001% / 1h | 49m 21s | $3K | — | — |
| Short | GMX POL/USD [ETH-USDC] | 0.1119 | L +0.0211% / S −0.0606% | get 0.0076% / 1h | 49m 21s | $3K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- $128.64
- Price spread: +0.092% → 0.000%
- $9.17
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $119.82
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −0.588% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1111 | −0.588% | $202K | $250K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1119 | +0.106% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0026% | 4h | 0.1118 | +0.011% | $11K | $203K | 20x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1118 | long leg | $3K | — | — | |
| dYdX POL-USD | 0.0000% | 1h | 0.1119 | +0.118% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1119 | +0.117% | $22K | — | 150x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1118 | +0.076% | $305K | $563K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1119 | +0.131% | $372K | $359K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1118 | +0.065% | $17.1M | $51.4M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1118 | +0.029% | $16.1M | $16.0M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1118 | +0.011% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1117 | −0.025% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1118 | +0.020% | $23.6M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1118 | +0.056% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1119 | +0.110% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1118 | +0.029% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1119 | +0.119% | $661K | $211K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1119 | +0.151% | $1.1M | $3.4M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1122 | +0.396% | $199K | $661K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1118 | −0.005% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1117 | −0.051% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0156% | 1h | 0.1120 | +0.226% | $7.6M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC]short | L +0.0211% / S −0.0606% | 1h | 0.1119 | +0.092% | $3K | — | 100x | |
| BloFin POL-USDT | +0.0340% | 4h | 0.1118 | +0.020% | $903K | $168K | 75x | as long as short |
GMX POL/USD [ETH-USDC]
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
gTrade (Gains Network) POL/USD
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Hyperliquid POL
BloFin POL-USDT