After costs, if the gap returns to its 7d average, $10k−$999
spread now−0.125%7d average−0.413%fees + slippage, in and out−$1,028spread needed10.281%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1122 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $17.4M | $54.5M | 75x |
| Short | Coinbase International POL-PERP-INTX | 0.1121 | −0.0344 | pay 0.0043% / 1h | 6m 13s | $228K | $243K | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$12.45
- Funding while held
- −$13.32
- Slippage, 4 orders
- −$1,008.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1,053.88
- Spread needed to break even
- 10.281%
Slippage from Binance: live order book, 7 min ago; Coinbase International: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0444%
- Per $10,000 a day
- −$13.32
- 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 Binance live order book, 7 min ago | 0.45 bp | 11.6 bp −$12 | 23.6 bp −$236 | 158.9 bp −$15.9K | doesn't fit |
| Sell Coinbase International live order book, 38 min ago | 17.58 bp | 403.4 bp −$403 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTXshort | −0.125% | −0.0344% | 1h | $228K | $243K | 50x | |
| Aevo POL-PERP | −0.080% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| OKX POL-USDT-SWAP | −0.071% | −0.0013% | 4h | $5.8M | $12.7M | 50x | as long as short |
| Gate POL_USDT | −0.062% | +0.0100% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Bybit POLUSDT | −0.035% | +0.0100% | 4h | $16.2M | $17.1M | 75x | as long as short |
| BingX POL-USDT | −0.027% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Extended POL-USD | −0.003% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| Reya POLRUSDPERP | −0.002% | −0.0006% | 1h | $3K | — | — | as long as short |
| Binance POLUSDTlong | 0.000% | +0.0100% | 4h | $17.4M | $54.5M | 75x | |
| MEXC POL_USDT | +0.009% | +0.0100% | 4h | $23.2M | $4.3M | 125x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_POL_USDC | +0.018% | −0.0107% | 4h | $11K | $249K | 20x | as long as short |
| BloFin POL-USDT | +0.018% | +0.0340% | 4h | $930K | $175K | 75x | as long as short |
| Aster POLUSDT | +0.019% | +0.0100% | 4h | $379K | $529K | 20x | as long as short |
| Lighter POL | +0.044% | +0.0096% | 1h | $332K | $539K | 8x | as long as short |
| Bitget POLUSDT | +0.063% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.071% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| KuCoin POLUSDTM | +0.080% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| Kraken Futures PF_POLUSD | +0.108% | −0.0207% | 1h | $1.2M | $1.7M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.109% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.122% | +0.0119% | 1h | $17K | $3K | 5x | as long as short |
| ApeX Omni POLUSDT | +0.143% | +0.0100% | 1h | $199K | $646K | 50x | as long as short |
| Variational Omni POL | +0.175% | +0.0100% | 4h | $665K | $318K | — | as long as short |
| Hyperliquid POL | +0.178% | +0.0851% | 1h | $7.5M | $5.3M | 5x | as long as short |
| Injective POL/USDC PERP | +0.766% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Binance POLUSDT
Coinbase International POL-PERP-INTX
OKX
Gate
Bybit
BingX
Extended
MEXC
BloFin
Aster
Lighter
Bitget
GMX
KuCoin
Kraken Futures
gTrade (Gains Network)
ApeX Omni
Variational Omni
Hyperliquid
Injective