Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average—if it closes, per $10,000$11funding while held, a day−$2.82
| 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 04m | $17.4M | $54.5M | 75x |
| Short | gTrade (Gains Network) POL/USD | 0.1124 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 4m 36s | $22K | — | 150x |
Binance POLUSDT
gTrade (Gains Network) POL/USDPrice 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
- $10.85
- Funding while held
- −$2.82
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$11.97
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 9 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0094%
- Per $10,000 a day
- −$2.82
- 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, 9 min ago | 0.45 bp | 11.6 bp −$12 | 23.6 bp −$236 | 158.9 bp −$15.9K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Aevo0.1121cheapestVariational Omni0.1122+0.068%Bybit0.1122+0.071%OKX0.1122+0.089%Gate0.1122+0.098%BingX0.1122+0.098%
Aevo
Variational Omni
Bybit
OKX
Gate
BingXBinance0.1123+0.117%
Orderly0.1123+0.125%Reya0.1123+0.131%Extended0.1123+0.145%BloFin0.1123+0.152%Aster0.1123+0.154%ApeX Omni0.1123+0.161%Bitget0.1123+0.169%MEXC0.1123+0.178%Lighter0.1123+0.183%KuCoin0.1123+0.187%GMX0.1124+0.208%
Orderly
Reya
Extended
BloFin
Aster
ApeX Omni
Bitget
MEXC
Lighter
KuCoin
GMXgTrade (Gains Network)0.1124+0.226%
dYdX0.1124+0.229%Kraken Futures0.1124+0.244%Coinbase International0.1124+0.250%Hyperliquid0.1125+0.348%Injective0.1131+0.874%
dYdX
Kraken Futures
Coinbase International
Hyperliquid
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.117% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Variational Omni POL | −0.049% | +0.0100% | 4h | $664K | $318K | — | as long as short |
| Bybit POLUSDT | −0.046% | +0.0100% | 4h | $16.2M | $17.1M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.028% | −0.0006% | 4h | $5.8M | $12.7M | 50x | as long as short |
| Gate POL_USDT | −0.019% | +0.0100% | 4h | $1.9M | $1.5M | 75x | as long as short |
| BingX POL-USDT | −0.019% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Binance POLUSDTlong | 0.000% | +0.0100% | 4h | $17.4M | $54.5M | 75x | |
| Orderly PERP_POL_USDC | +0.008% | −0.0107% | 4h | $11K | $249K | 20x | as long as short |
| Reya POLRUSDPERP | +0.014% | −0.0006% | 1h | $3K | — | — | as long as short |
| Extended POL-USD | +0.028% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | +0.035% | +0.0340% | 4h | $930K | $175K | 75x | as long as short |
| Aster POLUSDT | +0.037% | +0.0100% | 4h | $379K | $529K | 20x | as long as short |
| ApeX Omni POLUSDT | +0.044% | +0.0100% | 1h | $199K | $647K | 50x | as long as short |
| Bitget POLUSDT | +0.052% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| MEXC POL_USDT | +0.061% | +0.0100% | 4h | $23.2M | $4.3M | 125x | as long as short |
| Lighter POL | +0.066% | +0.0096% | 1h | $332K | $539K | 8x | as long as short |
| KuCoin POLUSDTM | +0.070% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.091% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USDshort | +0.109% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | |
| dYdX POL-USD | +0.112% | +0.0116% | 1h | $17K | $3K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.126% | −0.0207% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.133% | −0.0344% | 1h | $228K | $243K | 50x | as long as short |
| Hyperliquid POL | +0.231% | +0.0844% | 1h | $7.5M | $5.3M | 5x | as long as short |
| Injective POL/USDC PERP | +0.756% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |