After costs, if the gap returns to its 7d average, $10k−$132
spread now+0.080%7d average+0.516%fees + slippage, in and out−$89spread needed0.887%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International POL-PERP-INTX | 0.1131 | −0.0768 | get 0.0096% / 1h | 59m 31s | $254K | $235K | 50x |
| Short | Hyperliquid POL | 0.1132 | 0.0488 | get 0.0061% / 1h | 59m 31s | $6.5M | $4.4M | 5x |
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
- $7.96
- Funding while held
- $37.67
- Slippage, 4 orders
- −$69.66
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$43.04
- Spread needed to break even
- 0.887%
Slippage from Coinbase International: live order book, 60 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1256%
- Per $10,000 a day
- +$37.67
- 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, 60 min ago | 17.83 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 3.08 bp | 15.8 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.246% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Gate POL_USDT | −0.221% | +0.0050% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Extended POL-USD | −0.218% | +0.0104% | 1h | $118K | $424K | 10x | as long as short |
| Bybit POLUSDT | −0.195% | +0.0095% | 4h | $16.2M | $16.7M | 75x | as long as short |
| Reya POLRUSDPERP | −0.181% | −0.0006% | 1h | $3K | — | — | as long as short |
| BingX POL-USDT | −0.177% | +0.0100% | 4h | — | $7.1M | — | as long as short |
| OKX POL-USDT-SWAP | −0.141% | +0.0100% | 4h | $5.8M | $12.3M | 50x | as long as short |
| Aster POLUSDT | −0.134% | +0.0100% | 4h | $403K | $530K | 20x | as long as short |
| Bitget POLUSDT | −0.124% | +0.0100% | 4h | $4.2M | $5.9M | 50x | as long as short |
| dYdX POL-USD | −0.110% | +0.0327% | 1h | $17K | $6K | 5x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance POLUSDT | −0.106% | +0.0100% | 4h | $17.5M | $53.3M | 75x | as long as short |
| MEXC POL_USDT | −0.106% | +0.0100% | 4h | $22.9M | $3.7M | 125x | as long as short |
| Orderly PERP_POL_USDC | −0.106% | −0.0164% | 4h | $11K | $292K | 20x | as long as short |
| KuCoin POLUSDTM | −0.097% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Lighter POL | −0.070% | +0.0096% | 1h | $347K | $456K | 8x | as long as short |
| Variational Omni POL | −0.067% | +0.0100% | 4h | $708K | $283K | — | as long as short |
| gTrade (Gains Network) POL/USD | −0.065% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | −0.018% | L +0.0212% / S −0.0620% | 1h | $3K | — | 100x | as long as short |
| Injective POL/USDC PERP | 0.000% | +0.0033% | 1h | $3K | $220K | 12x | as long as short |
| Coinbase International POL-PERP-INTXlong | 0.000% | −0.0768% | 1h | $254K | $235K | 50x | |
| Kraken Futures PF_POLUSD | +0.007% | −0.0041% | 1h | $1.3M | $1.7M | 50x | as long as short |
| BloFin POL-USDT | +0.009% | +0.0340% | 4h | $942K | $173K | 75x | as long as short |
| Hyperliquid POLshort | +0.080% | +0.0488% | 1h | $6.5M | $4.4M | 5x | |
| ApeX Omni POLUSDT | +0.265% | −0.0013% | 1h | $201K | $638K | 50x | as long as short |
Coinbase International POL-PERP-INTX
Hyperliquid POL
Gate
Extended
Bybit
BingX
OKX
Aster
Bitget
Binance
MEXC
KuCoin
Lighter
Variational Omni
gTrade (Gains Network)
GMX
Injective
Kraken Futures
BloFin
ApeX Omni