data as of
Settings8H · net · $10k
Price arb /

POL

all POL markets
SwapFunding view
Alert
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%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International POL-PERP-INTX0.1131−0.0768get 0.0096% / 1h59m 31s$254K$235K50x
ShortHyperliquid POL0.11320.0488get 0.0061% / 1h59m 31s$6.5M$4.4M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 60 min ago17.83 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago3.08 bp15.8 bp −$16doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo POL-PERP−0.246%+0.0104%1h$41K3xas long as short
Gate POL_USDT−0.221%+0.0050%4h$1.9M$1.5M75xas long as short
Extended POL-USD−0.218%+0.0104%1h$118K$424K10xas long as short
Bybit POLUSDT−0.195%+0.0095%4h$16.2M$16.7M75xas long as short
Reya POLRUSDPERP−0.181%−0.0006%1h$3Kas long as short
BingX POL-USDT−0.177%+0.0100%4h$7.1Mas long as short
OKX POL-USDT-SWAP−0.141%+0.0100%4h$5.8M$12.3M50xas long as short
Aster POLUSDT−0.134%+0.0100%4h$403K$530K20xas long as short
Bitget POLUSDT−0.124%+0.0100%4h$4.2M$5.9M50xas long as short
dYdX POL-USD−0.110%+0.0327%1h$17K$6K5xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance POLUSDT−0.106%+0.0100%4h$17.5M$53.3M75xas long as short
MEXC POL_USDT−0.106%+0.0100%4h$22.9M$3.7M125xas long as short
Orderly PERP_POL_USDC−0.106%−0.0164%4h$11K$292K20xas long as short
KuCoin POLUSDTM−0.097%+0.0100%4h$3.3M$1.1M50xas long as short
Lighter POL−0.070%+0.0096%1h$347K$456K8xas long as short
Variational Omni POL−0.067%+0.0100%4h$708K$283Kas long as short
gTrade (Gains Network) POL/USD−0.065%L +0.0004% / S −0.0006%1h$22K150xas long as short
GMX POL/USD [ETH-USDC]−0.018%L +0.0212% / S −0.0620%1h$3K100xas long as short
Injective POL/USDC PERP0.000%+0.0033%1h$3K$220K12xas long as short
Coinbase International POL-PERP-INTXlong0.000%−0.0768%1h$254K$235K50x
Kraken Futures PF_POLUSD+0.007%−0.0041%1h$1.3M$1.7M50xas long as short
BloFin POL-USDT+0.009%+0.0340%4h$942K$173K75xas long as short
Hyperliquid POLshort+0.080%+0.0488%1h$6.5M$4.4M5x
ApeX Omni POLUSDT+0.265%−0.0013%1h$201K$638K50xas long as short