Spread before costs (cost unknown: a leg has no order-book sample)+0.048%
7d average—if it closes, per $10,000$5funding while held, a day−$3.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POL-USDC | 0.1109 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $1.6M | — |
| Short | Reya POLRUSDPERP | 0.1110 | −0.0006 | pay 0.0001% / 1h | 22m 12s | $3K | — | — |
BingX POL-USDC
Reya POLRUSDPERPPrice 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
- $4.78
- Funding while held
- −$3.19
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$14.41
- Spread needed to break even
- 0.160%
Slippage unknown: BingX: live order book, 16 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0106%
- Per $10,000 a day
- −$3.19
- 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, 16 min ago | 4.48 bp | 49.4 bp −$49 | 178.8 bp −$1,788 | 531.3 bp −$53.1K | 929.5 bp −$464.8K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.BloFin0.1108cheapestAevo0.1108+0.032%Gate0.1108+0.045%dYdX0.1109+0.125%Bybit0.1109+0.126%
BloFin
Aevo
Gate
dYdX
BybitBingX0.1109+0.126%
OKX0.1109+0.144%MEXC0.1109+0.144%Extended0.1109+0.145%Binance0.1109+0.149%Aster0.1110+0.155%Orderly0.1110+0.172%
OKX
MEXC
Extended
Binance
Aster
OrderlyReya0.1110+0.174%
Lighter0.1110+0.186%KuCoin0.1110+0.190%Coinbase International0.1110+0.199%Bitget0.1110+0.217%Kraken Futures0.1111+0.268%gTrade (Gains Network)0.1111+0.277%GMX0.1111+0.283%ApeX Omni0.1111+0.289%Variational Omni0.1112+0.376%Hyperliquid0.1112+0.379%Injective0.1131+2.094%
Lighter
KuCoin
Coinbase International
Bitget
Kraken Futures
gTrade (Gains Network)
GMX
ApeX Omni
Variational Omni
Hyperliquid
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.126% | +0.0340% | 4h | $927K | $167K | 75x | as long as short |
| Aevo POL-PERP | −0.095% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Gate POL_USDT | −0.081% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| dYdX POL-USD | −0.001% | +0.0113% | 1h | $17K | $3K | 5x | as long as short |
| Bybit POLUSDT | 0.000% | +0.0100% | 4h | $16.0M | $16.8M | 75x | as long as short |
| BingX POL-USDClong | 0.000% | +0.0100% | 4h | — | $1.6M | — | |
| OKX POL-USDT-SWAP | +0.018% | +0.0006% | 4h | $5.7M | $12.3M | 50x | as long as short |
| MEXC POL_USDT | +0.018% | +0.0100% | 4h | $22.9M | $4.1M | 125x | as long as short |
| Extended POL-USD | +0.018% | +0.0104% | 1h | $93K | $448K | 10x | as long as short |
| Binance POLUSDT | +0.023% | +0.0100% | 4h | $17.1M | $53.2M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.028% | +0.0049% | 4h | $368K | $382K | 20x | as long as short |
| Orderly PERP_POL_USDC | +0.045% | −0.0092% | 4h | $11K | $238K | 20x | as long as short |
| Reya POLRUSDPERPshort | +0.048% | −0.0006% | 1h | $3K | — | — | |
| Lighter POL | +0.060% | +0.0096% | 1h | $329K | $537K | 8x | as long as short |
| KuCoin POLUSDTM | +0.063% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.072% | −0.0144% | 1h | $218K | $248K | 50x | as long as short |
| Bitget POLUSDT | +0.090% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| Kraken Futures PF_POLUSD | +0.142% | −0.0122% | 1h | $1.2M | $1.7M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.151% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.156% | L +0.0214% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| ApeX Omni POLUSDT | +0.162% | −0.0010% | 1h | $197K | $644K | 50x | as long as short |
| Variational Omni POL | +0.249% | +0.0100% | 4h | $656K | $323K | — | as long as short |
| Hyperliquid POL | +0.252% | +0.0303% | 1h | $7.5M | $4.8M | 5x | as long as short |
| Injective POL/USDC PERP | +1.965% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |