After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.027%7d average−0.004%fees + slippage, in and out−$51spread needed0.510%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLUSDT | 0.1132 | 0.0100 | pay 0.0050% / 4h | 47m 10s | $17.4M | $54.5M | 75x |
| Short | OKX POL-USDT-SWAP | 0.1131 | 0.0010 | get 0.0005% / 4h | 47m 10s | $5.8M | $12.6M | 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
- −$2.65
- Funding while held
- −$2.69
- Slippage, 4 orders
- −$31.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$56.36
- Spread needed to break even
- 0.510%
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.69
- 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, 12 min ago | 0.44 bp | 12.4 bp −$12 | 26.8 bp −$268 | 158.8 bp −$15.9K | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.88 bp | 15.2 bp −$15 | 62.5 bp −$625 | 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 | |
|---|---|---|---|---|---|---|---|
| Gate POL_USDT | −0.203% | −0.0032% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Aevo POL-PERP | −0.105% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Variational Omni POL | −0.083% | +0.0100% | 4h | $709K | $283K | — | as long as short |
| dYdX POL-USD | −0.082% | +0.2675% | 1h | $17K | $3K | 5x | as long as short |
| Injective POL/USDC PERP | −0.044% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Bybit POLUSDT | −0.035% | +0.0059% | 4h | $16.2M | $16.9M | 75x | as long as short |
| BingX POL-USDT | −0.035% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Orderly PERP_POL_USDC | −0.035% | −0.0139% | 4h | $12K | $290K | 20x | as long as short |
| OKX POL-USDT-SWAPshort | −0.027% | +0.0010% | 4h | $5.8M | $12.6M | 50x | |
| KuCoin POLUSDTM | −0.027% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC POL_USDT | −0.018% | +0.0100% | 4h | $23.0M | $3.8M | 125x | as long as short |
| Reya POLRUSDPERP | −0.013% | −0.0006% | 1h | $3K | — | — | as long as short |
| Binance POLUSDTlong | 0.000% | +0.0100% | 4h | $17.4M | $54.5M | 75x | |
| Extended POL-USD | +0.002% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| Coinbase International POL-PERP-INTX | +0.044% | −0.0504% | 1h | $247K | $252K | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.064% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Aster POLUSDT | +0.071% | +0.0100% | 4h | $389K | $550K | 20x | as long as short |
| Bitget POLUSDT | +0.080% | +0.0100% | 4h | $4.3M | $6.1M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.096% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Lighter POL | +0.100% | +0.0096% | 1h | $331K | $533K | 8x | as long as short |
| Kraken Futures PF_POLUSD | +0.127% | +0.0010% | 1h | $1.3M | $1.8M | 50x | as long as short |
| BloFin POL-USDT | +0.194% | +0.0340% | 4h | $944K | $185K | 75x | as long as short |
| Hyperliquid POL | +0.212% | +0.0100% | 1h | $6.6M | $4.5M | 5x | as long as short |
| ApeX Omni POLUSDT | +0.221% | −0.0003% | 1h | $201K | $643K | 50x | as long as short |
Binance POLUSDT
OKX POL-USDT-SWAP
Gate
Variational Omni
Injective
Bybit
BingX
KuCoin
MEXC
Extended
Coinbase International
gTrade (Gains Network)
Aster
Bitget
GMX
Lighter
Kraken Futures
BloFin
Hyperliquid
ApeX Omni