After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.016%7d average−0.030%fees + slippage, in and out−$55spread needed0.547%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1123 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $17.4M | $54.5M | 75x |
| Short | Extended POL-USD | 0.1123 | 0.0104 | get 0.0013% / 1h | 6m 33s | $94K | $450K | 10x |
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
- −$1.59
- Funding while held
- $0.12
- Slippage, 4 orders
- −$39.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.13
- Spread needed to break even
- 0.547%
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Extended live order book, 23 min ago | 1.87 bp | 15.4 bp −$15 | 154.6 bp −$1,546 | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.251% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Orderly PERP_POL_USDC | −0.113% | −0.0108% | 4h | $11K | $250K | 20x | as long as short |
| Gate POL_USDT | −0.095% | +0.0100% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Aster POLUSDT | −0.062% | +0.0100% | 4h | $378K | $529K | 20x | as long as short |
| BingX POL-USDT | −0.050% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Reya POLRUSDPERP | −0.044% | −0.0006% | 1h | $3K | — | — | as long as short |
| Bybit POLUSDT | −0.041% | +0.0100% | 4h | $16.2M | $17.1M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.036% | −0.0208% | 1h | $1.2M | $1.7M | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.033% | −0.0013% | 4h | $5.8M | $12.7M | 50x | as long as short |
| BloFin POL-USDT | −0.024% | +0.0340% | 4h | $930K | $175K | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX POL/USD [ETH-USDC] | −0.020% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Extended POL-USDshort | −0.016% | +0.0104% | 1h | $94K | $450K | 10x | |
| MEXC POL_USDT | −0.015% | +0.0100% | 4h | $23.2M | $4.3M | 125x | as long as short |
| gTrade (Gains Network) POL/USD | −0.009% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Binance POLUSDTlong | 0.000% | +0.0100% | 4h | $17.4M | $54.5M | 75x | |
| Coinbase International POL-PERP-INTX | +0.012% | −0.0344% | 1h | $228K | $243K | 50x | as long as short |
| Bitget POLUSDT | +0.021% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| KuCoin POLUSDTM | +0.039% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| Lighter POL | +0.046% | +0.0096% | 1h | $332K | $539K | 8x | as long as short |
| dYdX POL-USD | +0.080% | +0.0119% | 1h | $17K | $3K | 5x | as long as short |
| ApeX Omni POLUSDT | +0.101% | +0.0100% | 1h | $199K | $646K | 50x | as long as short |
| Variational Omni POL | +0.133% | +0.0100% | 4h | $665K | $318K | — | as long as short |
| Hyperliquid POL | +0.181% | +0.0853% | 1h | $7.5M | $5.3M | 5x | as long as short |
| Injective POL/USDC PERP | +0.724% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Binance POLUSDT
Extended POL-USD
Gate
Aster
BingX
Bybit
Kraken Futures
OKX
BloFin
GMX
MEXC
gTrade (Gains Network)
Coinbase International
Bitget
KuCoin
Lighter
ApeX Omni
Variational Omni
Hyperliquid
Injective