Spread before costs (cost unknown: a leg has no order-book sample)−0.036%
7d average−0.048%if it closes, per $10,000$4funding while held, a day−$5.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1107 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $4.2M | $6.0M | 50x |
| Short | Orderly PERP_POL_USDC | 0.1107 | −0.0079 | pay 0.0039% / 4h | 1h 38m | $11K | $230K | 20x |
Bitget POLUSDT
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
- −$3.61
- Funding while held
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$26.97
- Spread needed to break even
- 0.180%
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0179%
- Per $10,000 a day
- −$5.36
- 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 Bitget live order book, 1 min ago | 0.45 bp | 14.7 bp −$15 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| 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.Variational Omni0.1104cheapestApeX Omni0.1104+0.000%BloFin0.1106+0.208%Aevo0.1107+0.237%Extended0.1107+0.269%OKX0.1107+0.272%
Variational Omni
ApeX Omni
BloFin
Aevo
Extended
OKXOrderly0.1107+0.272%
Binance0.1107+0.278%Bybit0.1107+0.290%BingX0.1107+0.290%Lighter0.1107+0.307%
Binance
Bybit
BingX
LighterBitget0.1107+0.308%
Gate0.1108+0.326%Reya0.1108+0.335%MEXC0.1108+0.353%dYdX0.1108+0.366%Kraken Futures0.1108+0.374%Aster0.1108+0.380%KuCoin0.1108+0.390%gTrade (Gains Network)0.1108+0.402%GMX0.1109+0.443%Coinbase International0.1109+0.453%Hyperliquid0.1110+0.544%Injective0.1131+2.446%
Gate
Reya
MEXC
dYdX
Kraken Futures
Aster
KuCoin
gTrade (Gains Network)
GMX
Coinbase International
Hyperliquid
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni POL | −0.307% | +0.0100% | 4h | $651K | $323K | — | as long as short |
| ApeX Omni POLUSDT | −0.307% | +0.0100% | 1h | $195K | $644K | 50x | as long as short |
| BloFin POL-USDT | −0.099% | +0.0340% | 4h | $912K | $170K | 75x | as long as short |
| Aevo POL-PERP | −0.070% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Extended POL-USD | −0.039% | +0.0104% | 1h | $92K | $448K | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.036% | +0.0032% | 4h | $5.7M | $12.5M | 50x | as long as short |
| Orderly PERP_POL_USDCshort | −0.036% | −0.0079% | 4h | $11K | $230K | 20x | |
| Binance POLUSDT | −0.029% | +0.0100% | 4h | $16.9M | $53.1M | 75x | as long as short |
| Bybit POLUSDT | −0.018% | +0.0100% | 4h | $16.0M | $16.8M | 75x | as long as short |
| BingX POL-USDC | −0.018% | +0.0100% | 4h | — | $1.6M | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter POL | −0.001% | +0.0096% | 1h | $330K | $546K | 8x | as long as short |
| Bitget POLUSDTlong | 0.000% | +0.0100% | 4h | $4.2M | $6.0M | 50x | |
| Gate POL_USDT | +0.018% | +0.0100% | 4h | $1.9M | $1.4M | 75x | as long as short |
| Reya POLRUSDPERP | +0.027% | −0.0006% | 1h | $3K | — | — | as long as short |
| MEXC POL_USDT | +0.045% | +0.0100% | 4h | $23.1M | $4.1M | 125x | as long as short |
| dYdX POL-USD | +0.058% | 0.0000% | 1h | $17K | $3K | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.065% | −0.0250% | 1h | $1.2M | $1.8M | 50x | as long as short |
| Aster POLUSDT | +0.072% | +0.0064% | 4h | $363K | $388K | 20x | as long as short |
| KuCoin POLUSDTM | +0.081% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.094% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.135% | L +0.0211% / S −0.0606% | 1h | $3K | — | 100x | as long as short |
| Coinbase International POL-PERP-INTX | +0.144% | −0.0016% | 1h | $204K | $265K | 50x | as long as short |
| Hyperliquid POL | +0.235% | +0.0351% | 1h | $7.5M | $4.6M | 5x | as long as short |
| Injective POL/USDC PERP | +2.131% | +0.0033% | 1h | $3K | $74K | 12x | as long as short |