Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average+0.376%if it closes, per $10,000$3funding while held, a day+$6.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International POL-PERP-INTX | 0.1121 | −0.0344 | get 0.0043% / 1h | 20m 31s | $229K | $241K | 50x |
| Short | Orderly PERP_POL_USDC | 0.1121 | −0.0117 | pay 0.0058% / 4h | 3h 20m | $11K | $253K | 20x |
Coinbase International POL-PERP-INTX
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
- −$2.68
- Funding while held
- $6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.86
- Spread needed to break even
- 0.160%
Slippage unknown: Coinbase International: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0227%
- Per $10,000 a day
- +$6.82
- 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, 24 min ago | 17.58 bp | 601.3 bp −$601 | doesn't fit | 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.Gate0.1117cheapestBingX0.1117cheapestReya0.1117+0.005%Extended0.1117+0.012%Bybit0.1117+0.018%OKX0.1117+0.018%Binance0.1117+0.027%Bitget0.1118+0.090%MEXC0.1118+0.125%KuCoin0.1118+0.134%Lighter0.1119+0.161%Aevo0.1119+0.190%dYdX0.1119+0.191%Aster0.1120+0.270%
Gate
BingX
Reya
Extended
Bybit
OKX
Binance
Bitget
MEXC
KuCoin
Lighter
Aevo
dYdX
AsterOrderly0.1121+0.340%
Variational Omni0.1121+0.344%
Variational OmniCoinbase International0.1121+0.367%
Hyperliquid0.1121+0.376%Kraken Futures0.1121+0.395%BloFin0.1121+0.403%GMX0.1122+0.419%gTrade (Gains Network)0.1122+0.458%ApeX Omni0.1124+0.636%Injective0.1131+1.262%
Hyperliquid
Kraken Futures
BloFin
GMX
gTrade (Gains Network)
ApeX Omni
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate POL_USDT | −0.366% | 0.0000% | 4h | $1.8M | $1.5M | 75x | as long as short |
| BingX POL-USDC | −0.366% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Reya POLRUSDPERP | −0.361% | −0.0006% | 1h | $3K | — | — | as long as short |
| Extended POL-USD | −0.353% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| Bybit POLUSDT | −0.348% | +0.0100% | 4h | $16.1M | $17.0M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.348% | −0.0033% | 4h | $5.8M | $12.6M | 50x | as long as short |
| Binance POLUSDT | −0.339% | +0.0100% | 4h | $17.2M | $54.5M | 75x | as long as short |
| Bitget POLUSDT | −0.277% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| MEXC POL_USDT | −0.241% | +0.0100% | 4h | $23.1M | $4.3M | 125x | as long as short |
| KuCoin POLUSDTM | −0.232% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter POL | −0.205% | +0.0096% | 1h | $330K | $538K | 8x | as long as short |
| Aevo POL-PERP | −0.177% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| dYdX POL-USD | −0.175% | +0.0161% | 1h | $17K | $3K | 5x | as long as short |
| Aster POLUSDT | −0.097% | +0.0100% | 4h | $378K | $530K | 20x | as long as short |
| Orderly PERP_POL_USDCshort | −0.027% | −0.0117% | 4h | $11K | $253K | 20x | |
| Variational Omni POL | −0.023% | +0.0100% | 4h | $667K | $318K | — | as long as short |
| Coinbase International POL-PERP-INTXlong | 0.000% | −0.0344% | 1h | $229K | $241K | 50x | |
| Hyperliquid POL | +0.009% | +0.0931% | 1h | $7.5M | $5.2M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.028% | −0.0208% | 1h | $1.2M | $1.7M | 50x | as long as short |
| BloFin POL-USDT | +0.036% | +0.0340% | 4h | $928K | $184K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.052% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.091% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| ApeX Omni POLUSDT | +0.268% | +0.0100% | 1h | $199K | $648K | 50x | as long as short |
| Injective POL/USDC PERP | +0.892% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |