Spread before costs (cost unknown: a leg has no order-book sample)+0.088%
7d average0.000%if it closes, per $10,000$9funding while held, a day−$1.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1131 | −0.0080 | get 0.0040% / 4h | 13m 23s | $1.9M | $1.5M | 75x |
| Short | Orderly PERP_POL_USDC | 0.1132 | −0.0129 | pay 0.0064% / 4h | 13m 23s | $11K | $290K | 20x |
Gate POL_USDT
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
- $8.84
- Funding while held
- −$1.46
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.62
- Spread needed to break even
- 0.210%
Slippage unknown: Gate: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0049%
- Per $10,000 a day
- −$1.46
- 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 Gate live order book, 1 min ago | 3.98 bp | 23.2 bp −$23 | 172.1 bp −$1,721 | 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.Injective0.1131cheapestVariational Omni0.1131+0.009%
Injective
Variational OmniGate0.1131+0.018%
Bybit0.1132+0.053%Reya0.1132+0.073%OKX0.1132+0.088%Bitget0.1132+0.088%Extended0.1132+0.094%BingX0.1132+0.097%
Bybit
Reya
OKX
Bitget
Extended
BingXOrderly0.1132+0.106%
Binance0.1132+0.115%MEXC0.1132+0.115%BloFin0.1133+0.133%Aster0.1133+0.168%Aevo0.1133+0.193%GMX0.1133+0.201%KuCoin0.1133+0.212%Lighter0.1133+0.215%gTrade (Gains Network)0.1133+0.218%Kraken Futures0.1134+0.224%dYdX0.1134+0.226%ApeX Omni0.1134+0.265%Coinbase International0.1134+0.265%Hyperliquid0.1135+0.363%
Binance
MEXC
BloFin
Aster
Aevo
GMX
KuCoin
Lighter
gTrade (Gains Network)
Kraken Futures
dYdX
ApeX Omni
Coinbase International
HyperliquidPOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.018% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Variational Omni POL | −0.008% | +0.0100% | 4h | $674K | $319K | — | as long as short |
| Gate POL_USDTlong | 0.000% | −0.0080% | 4h | $1.9M | $1.5M | 75x | |
| Bybit POLUSDT | +0.035% | +0.0022% | 4h | $16.2M | $17.2M | 75x | as long as short |
| Reya POLRUSDPERP | +0.055% | −0.0006% | 1h | $3K | — | — | as long as short |
| OKX POL-USDT-SWAP | +0.071% | −0.0067% | 4h | $5.8M | $12.8M | 50x | as long as short |
| Bitget POLUSDT | +0.071% | +0.0100% | 4h | $4.3M | $6.2M | 50x | as long as short |
| Extended POL-USD | +0.076% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| BingX POL-USDT | +0.080% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Orderly PERP_POL_USDCshort | +0.088% | −0.0129% | 4h | $11K | $290K | 20x |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.097% | +0.0100% | 4h | $17.3M | $55.4M | 75x | as long as short |
| MEXC POL_USDT | +0.097% | +0.0100% | 4h | $22.9M | $3.9M | 125x | as long as short |
| BloFin POL-USDT | +0.115% | +0.0340% | 4h | $942K | $188K | 75x | as long as short |
| Aster POLUSDT | +0.150% | +0.0100% | 4h | $382K | $555K | 20x | as long as short |
| Aevo POL-PERP | +0.175% | +0.0104% | 1h | $42K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.183% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| KuCoin POLUSDTM | +0.194% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Lighter POL | +0.197% | +0.0096% | 1h | $332K | $541K | 8x | as long as short |
| gTrade (Gains Network) POL/USD | +0.200% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Kraken Futures PF_POLUSD | +0.206% | +0.0010% | 1h | $1.3M | $1.8M | 50x | as long as short |
| dYdX POL-USD | +0.209% | +0.1100% | 1h | $17K | $3K | 5x | as long as short |
| ApeX Omni POLUSDT | +0.248% | −0.0094% | 1h | $201K | $646K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.248% | −0.0504% | 1h | $239K | $262K | 50x | as long as short |
| Hyperliquid POL | +0.345% | +0.0100% | 1h | $6.8M | $4.7M | 5x | as long as short |