Spread before costs (cost unknown: a leg has no order-book sample)−0.153%
7d average—if it closes, per $10,000$15funding while held, a day−$0.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) POL/USD | 0.1108 | L +0.0004% / S −0.0006% | pay 0.0001% / 1h | 22m 20s | $22K | — | 150x |
| Short | Coinbase International POL-PERP-INTX | 0.1106 | −0.0016 | pay 0.0002% / 1h | 22m 20s | $201K | $266K | 50x |
gTrade (Gains Network) POL/USD
Coinbase International POL-PERP-INTXPrice 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
- −$15.26
- Funding while held
- −$0.6
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.86
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.60
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 12 min ago | 9.02 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.ApeX Omni0.1105cheapestBloFin0.1105+0.036%Aevo0.1106+0.066%Reya0.1106+0.089%
ApeX Omni
BloFin
Aevo
ReyaCoinbase International0.1106+0.090%
MEXC0.1106+0.100%OKX0.1106+0.127%Bybit0.1107+0.145%Bitget0.1107+0.145%Orderly0.1107+0.154%Binance0.1107+0.154%Extended0.1107+0.157%Gate0.1107+0.163%KuCoin0.1107+0.172%Variational Omni0.1107+0.181%BingX0.1107+0.181%Lighter0.1108+0.226%GMX0.1108+0.237%
MEXC
OKX
Bybit
Bitget
Orderly
Binance
Extended
Gate
KuCoin
Variational Omni
BingX
Lighter
GMXgTrade (Gains Network)0.1108+0.243%
Kraken Futures0.1108+0.249%Aster0.1108+0.290%dYdX0.1108+0.298%Hyperliquid0.1108+0.308%Injective0.1131+2.353%
Kraken Futures
Aster
dYdX
Hyperliquid
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.243% | +0.0100% | 1h | $195K | $644K | 50x | as long as short |
| BloFin POL-USDT | −0.207% | +0.0340% | 4h | $913K | $170K | 75x | as long as short |
| Aevo POL-PERP | −0.177% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| Reya POLRUSDPERP | −0.154% | −0.0006% | 1h | $3K | — | — | as long as short |
| Coinbase International POL-PERP-INTXshort | −0.153% | −0.0016% | 1h | $201K | $266K | 50x | |
| MEXC POL_USDT | −0.144% | +0.0100% | 4h | $23.1M | $4.1M | 125x | as long as short |
| OKX POL-USDT-SWAP | −0.116% | +0.0028% | 4h | $5.7M | $12.4M | 50x | as long as short |
| Bybit POLUSDT | −0.098% | +0.0100% | 4h | $15.9M | $16.8M | 75x | as long as short |
| Bitget POLUSDT | −0.098% | +0.0100% | 4h | $4.1M | $6.0M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.089% | −0.0075% | 4h | $11K | $225K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance POLUSDT | −0.089% | +0.0100% | 4h | $16.9M | $53.0M | 75x | as long as short |
| Extended POL-USD | −0.086% | +0.0104% | 1h | $92K | $448K | 10x | as long as short |
| Gate POL_USDT | −0.080% | +0.0100% | 4h | $1.9M | $1.4M | 75x | as long as short |
| KuCoin POLUSDTM | −0.071% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| Variational Omni POL | −0.062% | +0.0100% | 4h | $654K | $303K | — | as long as short |
| BingX POL-USDC | −0.062% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Lighter POL | −0.017% | +0.0096% | 1h | $330K | $546K | 8x | as long as short |
| GMX POL/USD [ETH-USDC] | −0.006% | L +0.0211% / S −0.0606% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USDlong | 0.000% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | |
| Kraken Futures PF_POLUSD | +0.006% | −0.0250% | 1h | $1.2M | $1.8M | 50x | as long as short |
| Aster POLUSDT | +0.046% | +0.0067% | 4h | $368K | $388K | 20x | as long as short |
| dYdX POL-USD | +0.054% | 0.0000% | 1h | $17K | $3K | 5x | as long as short |
| Hyperliquid POL | +0.064% | +0.0274% | 1h | $7.5M | $4.6M | 5x | as long as short |
| Injective POL/USDC PERP | +2.104% | +0.0033% | 1h | $3K | $74K | 12x | as long as short |