After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.135%7d average+0.079%fees + slippage, in and out−$58spread needed0.583%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1133 | 0.0054 | pay 0.0027% / 4h | 4h 00m | $16.3M | $17.2M | 75x |
| Short | Kraken Futures PF_POLUSD | 0.1135 | 0.0010 | get 0.0001% / 1h | 1h 00m | $1.3M | $1.8M | 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
- $13.47
- Funding while held
- −$1.32
- Slippage, 4 orders
- −$37.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$46.18
- Spread needed to break even
- 0.583%
Slippage from Bybit: live order book, 5 min ago; Kraken Futures: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0044%
- Per $10,000 a day
- −$1.32
- 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 Bybit live order book, 5 min ago | 0.44 bp | 11.0 bp −$11 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.29 bp | 11.0 bp −$11 | 43.3 bp −$433 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.203% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Aevo POL-PERP | −0.156% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Gate POL_USDT | −0.035% | −0.0080% | 4h | $1.9M | $1.6M | 75x | as long as short |
| Variational Omni POL | −0.017% | +0.0100% | 4h | $676K | $319K | — | as long as short |
| Bybit POLUSDTlong | 0.000% | +0.0054% | 4h | $16.3M | $17.2M | 75x | |
| Aster POLUSDT | +0.018% | +0.0100% | 4h | $381K | $557K | 20x | as long as short |
| BingX POL-USDC | +0.018% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| OKX POL-USDT-SWAP | +0.026% | −0.0060% | 4h | $5.8M | $13.0M | 50x | as long as short |
| Extended POL-USD | +0.035% | +0.0096% | 1h | $95K | $450K | 10x | as long as short |
| Orderly PERP_POL_USDC | +0.035% | −0.0127% | 4h | $11K | $272K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya POLRUSDPERP | +0.043% | −0.0006% | 1h | $3K | — | — | as long as short |
| Bitget POLUSDT | +0.053% | +0.0100% | 4h | $4.3M | $6.2M | 50x | as long as short |
| KuCoin POLUSDTM | +0.062% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Binance POLUSDT | +0.067% | +0.0098% | 4h | $17.5M | $56.1M | 75x | as long as short |
| BloFin POL-USDT | +0.071% | +0.0338% | 4h | $943K | $190K | 75x | as long as short |
| MEXC POL_USDT | +0.079% | +0.0096% | 4h | $23.5M | $4.2M | 125x | as long as short |
| Lighter POL | +0.102% | +0.0096% | 1h | $333K | $542K | 8x | as long as short |
| gTrade (Gains Network) POL/USD | +0.109% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.112% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| dYdX POL-USD | +0.115% | +0.0961% | 1h | $17K | $3K | 5x | as long as short |
| Kraken Futures PF_POLUSDshort | +0.135% | +0.0010% | 1h | $1.3M | $1.8M | 50x | |
| ApeX Omni POLUSDT | +0.150% | −0.0044% | 1h | $201K | $647K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.150% | −0.0504% | 1h | $237K | $268K | 50x | as long as short |
| Hyperliquid POL | +0.326% | +0.0169% | 1h | $7.4M | $5.0M | 5x | as long as short |
Bybit POLUSDT
Kraken Futures PF_POLUSD
Injective
Gate
Variational Omni
Aster
BingX
OKX
Extended
Bitget
KuCoin
Binance
BloFin
MEXC
Lighter
gTrade (Gains Network)
GMX
ApeX Omni
Coinbase International
Hyperliquid