After costs, if the gap returns to its 7d average, $10k−$1,153
spread now−0.031%7d average+0.426%fees + slippage, in and out−$1,107spread needed11.072%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International POL-PERP-INTX | 0.1133 | −0.0504 | get 0.0063% / 1h | 57m 56s | $252K | $247K | 50x |
| Short | Binance POLUSDT | 0.1133 | 0.0100 | get 0.0050% / 4h | 57m 56s | $17.4M | $54.3M | 75x |
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
- −$3.12
- Funding while held
- $18.12
- Slippage, 4 orders
- −$1,087.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,092.21
- Spread needed to break even
- 11.072%
Slippage from Coinbase International: live order book, 56 min ago; Binance: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0604%
- Per $10,000 a day
- +$18.12
- 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 Coinbase International live order book, 56 min ago | 17.89 bp | 720.3 bp −$720 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.89 bp | 12.2 bp −$12 | 23.2 bp −$232 | 129.7 bp −$13.0K | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.397% | +0.0340% | 4h | $934K | $184K | 75x | as long as short |
| Variational Omni POL | −0.258% | +0.0100% | 4h | $708K | $283K | — | as long as short |
| Gate POL_USDT | −0.221% | −0.0012% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Aevo POL-PERP | −0.177% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Injective POL/USDC PERP | −0.177% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Reya POLRUSDPERP | −0.130% | −0.0006% | 1h | $3K | — | — | as long as short |
| dYdX POL-USD | −0.118% | +0.6691% | 1h | $17K | $3K | 5x | as long as short |
| Bybit POLUSDT | −0.115% | +0.0070% | 4h | $16.2M | $16.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.088% | +0.0033% | 4h | $5.8M | $12.6M | 50x | as long as short |
| Aster POLUSDT | −0.071% | +0.0100% | 4h | $395K | $530K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_POL_USDC | −0.071% | −0.0140% | 4h | $12K | $294K | 20x | as long as short |
| KuCoin POLUSDTM | −0.053% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| BingX POL-USDC | −0.044% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Extended POL-USD | −0.041% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| MEXC POL_USDT | −0.035% | +0.0100% | 4h | $23.0M | $3.8M | 125x | as long as short |
| Binance POLUSDTshort | −0.031% | +0.0100% | 4h | $17.4M | $54.3M | 75x | |
| GMX POL/USD [ETH-USDC] | −0.009% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| ApeX Omni POLUSDT | 0.000% | −0.0078% | 1h | $201K | $644K | 50x | as long as short |
| Coinbase International POL-PERP-INTXlong | 0.000% | −0.0504% | 1h | $252K | $247K | 50x | |
| gTrade (Gains Network) POL/USD | +0.002% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Bitget POLUSDT | +0.018% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| Lighter POL | +0.031% | +0.0096% | 1h | $332K | $533K | 8x | as long as short |
| Kraken Futures PF_POLUSD | +0.061% | +0.0010% | 1h | $1.3M | $1.7M | 50x | as long as short |
| Hyperliquid POL | +0.194% | +0.0100% | 1h | $6.6M | $4.5M | 5x | as long as short |
Coinbase International POL-PERP-INTX
Binance POLUSDT
BloFin
Variational Omni
Gate
Injective
Bybit
OKX
Aster
KuCoin
BingX
Extended
MEXC
GMX
ApeX Omni
gTrade (Gains Network)
Bitget
Lighter
Kraken Futures
Hyperliquid