Spread before costs (cost unknown: a leg has no order-book sample)+0.108%
7d average−0.027%if it closes, per $10,000$11funding while held, a day−$5.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POL-USDT | 0.1109 | 0.0100 | pay 0.0050% / 4h | 2h 24m | — | $7.2M | — |
| Short | Orderly PERP_POL_USDC | 0.1110 | −0.0092 | pay 0.0046% / 4h | 2h 24m | $11K | $239K | 20x |
BingX POL-USDT
Orderly PERP_POL_USDCPrice 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
- $10.82
- Funding while held
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.94
- Spread needed to break even
- 0.160%
Slippage unknown: BingX: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0192%
- Per $10,000 a day
- −$5.76
- 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 BingX live order book, 5 min ago | 0.90 bp | 11.0 bp −$11 | 26.2 bp −$262 | 79.1 bp −$7,913 | 491.5 bp −$245.8K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Extended0.1109cheapestOKX0.1109+0.008%Bybit0.1109+0.017%Gate0.1109+0.017%MEXC0.1109+0.017%Binance0.1109+0.026%
Extended
OKX
Bybit
Gate
MEXC
BinanceBingX0.1109+0.035%
Aevo0.1109+0.052%Lighter0.1109+0.057%BloFin0.1109+0.062%KuCoin0.1110+0.116%Bitget0.1110+0.116%Reya0.1110+0.123%
Aevo
Lighter
BloFin
KuCoin
Bitget
ReyaOrderly0.1110+0.143%
dYdX0.1110+0.152%Aster0.1111+0.175%Kraken Futures0.1111+0.184%Coinbase International0.1111+0.198%Hyperliquid0.1111+0.207%GMX0.1112+0.248%gTrade (Gains Network)0.1112+0.257%Variational Omni0.1112+0.284%ApeX Omni0.1113+0.378%Injective0.1131+2.001%
dYdX
Aster
Kraken Futures
Coinbase International
Hyperliquid
GMX
gTrade (Gains Network)
Variational Omni
ApeX Omni
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended POL-USD | −0.035% | +0.0104% | 1h | $93K | $448K | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.027% | +0.0004% | 4h | $5.7M | $12.2M | 50x | as long as short |
| Bybit POLUSDT | −0.018% | +0.0100% | 4h | $16.0M | $16.8M | 75x | as long as short |
| Gate POL_USDT | −0.018% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | −0.018% | +0.0100% | 4h | $22.9M | $4.1M | 125x | as long as short |
| Binance POLUSDT | −0.009% | +0.0100% | 4h | $17.1M | $53.1M | 75x | as long as short |
| BingX POL-USDTlong | 0.000% | +0.0100% | 4h | — | $7.2M | — | |
| Aevo POL-PERP | +0.017% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Lighter POL | +0.022% | +0.0096% | 1h | $328K | $536K | 8x | as long as short |
| BloFin POL-USDT | +0.027% | +0.0340% | 4h | $929K | $168K | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin POLUSDTM | +0.081% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.081% | +0.0100% | 4h | $4.2M | $6.0M | 50x | as long as short |
| Reya POLRUSDPERP | +0.088% | −0.0006% | 1h | $3K | — | — | as long as short |
| Orderly PERP_POL_USDCshort | +0.108% | −0.0092% | 4h | $11K | $239K | 20x | |
| dYdX POL-USD | +0.117% | +0.0119% | 1h | $17K | $3K | 5x | as long as short |
| Aster POLUSDT | +0.140% | +0.0054% | 4h | $368K | $394K | 20x | as long as short |
| Kraken Futures PF_POLUSD | +0.148% | −0.0122% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.162% | −0.0144% | 1h | $219K | $248K | 50x | as long as short |
| Hyperliquid POL | +0.171% | +0.0283% | 1h | $7.4M | $4.8M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.213% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.222% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Variational Omni POL | +0.249% | +0.0100% | 4h | $656K | $323K | — | as long as short |
| ApeX Omni POLUSDT | +0.343% | +0.0042% | 1h | $197K | $645K | 50x | as long as short |
| Injective POL/USDC PERP | +1.965% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |