POL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.002%

7d average—if it closes, per $10,000$0funding while held, a day+$15.19

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni POLUSDT	0.1108	0.0100	pay 0.0013% / 1h	25m 53s	$196K	$643K	50x
Short	GMX POL/USD [ETH-USDC]	0.1108	L +0.0211% / S −0.0606%	get 0.0076% / 1h	25m 53s	$3K	—	100x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee ApeX OmnibpFee GMXbpOrdersClose when spread is

Spread captured: $0.18
Funding while held: $15.19
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$6.63
Spread needed to break even: 0.220%

Slippage unknown: ApeX Omni: live order book, 9 min ago; GMX: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0506%
Per $10,000 a day: +$15.19
Average in range /8h: —

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 ApeX Omni live order book, 9 min ago	13.56 bp	24.3 bp −$24	130.5 bp −$1,305	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 price on every exchange

against the cheapest. Click to use as the short leg.

POL on 24 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni POL	−0.185%	+0.0100%	4h	$653K	$311K	—	as long as short
Coinbase International POL-PERP-INTX	−0.181%	−0.0016%	1h	$201K	$266K	50x	as long as short
Bybit POLUSDT	−0.171%	+0.0100%	4h	$15.9M	$16.8M	75x	as long as short
Aevo POL-PERP	−0.166%	+0.0104%	1h	$41K	—	3x	as long as short
OKX POL-USDT-SWAP	−0.162%	+0.0036%	4h	$5.7M	$12.4M	50x	as long as short
Binance POLUSDT	−0.144%	+0.0100%	4h	$16.9M	$53.1M	75x	as long as short
MEXC POL_USDT	−0.144%	+0.0100%	4h	$23.1M	$4.1M	125x	as long as short
BingX POL-USDT	−0.144%	+0.0100%	4h	—	$7.2M	—	as long as short
Gate POL_USDT	−0.108%	+0.0100%	4h	$1.9M	$1.4M	75x	as long as short
Reya POLRUSDPERP	−0.102%	−0.0006%	1h	$3K	—	—	as long as short

Show all 24 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Extended POL-USD	−0.090%	+0.0104%	1h	$92K	$448K	10x	as long as short
KuCoin POLUSDTM	−0.081%	+0.0100%	4h	$2.8M	$1.1M	50x	as long as short
Orderly PERP_POL_USDC	−0.054%	−0.0077%	4h	$11K	$226K	20x	as long as short
Bitget POLUSDT	−0.045%	+0.0100%	4h	$4.1M	$6.0M	50x	as long as short
Lighter POL	−0.018%	+0.0096%	1h	$330K	$546K	8x	as long as short
dYdX POL-USD	0.000%	0.0000%	1h	$17K	$3K	5x	as long as short
ApeX Omni POLUSDTlong	0.000%	+0.0100%	1h	$196K	$643K	50x
GMX POL/USD [ETH-USDC]short	+0.002%	L +0.0211% / S −0.0606%	1h	$3K	—	100x
BloFin POL-USDT	+0.009%	+0.0340%	4h	$914K	$170K	75x	as long as short
gTrade (Gains Network) POL/USD	+0.014%	L +0.0004% / S −0.0006%	1h	$22K	—	150x	as long as short
Aster POLUSDT	+0.018%	+0.0069%	4h	$368K	$388K	20x	as long as short
Kraken Futures PF_POLUSD	+0.028%	−0.0250%	1h	$1.2M	$1.8M	50x	as long as short
Hyperliquid POL	+0.111%	+0.0290%	1h	$7.5M	$4.7M	5x	as long as short
Injective POL/USDC PERP	+2.076%	+0.0033%	1h	$3K	$74K	12x	as long as short