After costs, if the gap returns to its 7d average, $10k−$23
spread now0.000%7d average−0.066%fees + slippage, in and out−$29spread needed0.293%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid POL | 0.1116 | 0.0160 | pay 0.0020% / 1h | 36m 11s | $7.5M | $4.7M | 5x |
| Short | MEXC POL_USDT | 0.1116 | 0.0100 | get 0.0050% / 4h | 2h 36m | $23.0M | $4.1M | 125x |
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
- $0
- Funding while held
- −$1.8
- Slippage, 4 orders
- −$20.31
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.11
- Spread needed to break even
- 0.293%
Slippage from Hyperliquid: live order book, 7 min ago; MEXC: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0060%
- Per $10,000 a day
- −$1.80
- 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 Hyperliquid live order book, 7 min ago | 0.45 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.45 bp | 6.4 bp −$6 | 36.3 bp −$363 | 92.3 bp −$9,232 | 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 | |
|---|---|---|---|---|---|---|---|
| Gate POL_USDT | −0.215% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| KuCoin POLUSDTM | −0.188% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| BingX POL-USDC | −0.170% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Reya POLRUSDPERP | −0.164% | −0.0006% | 1h | $3K | — | — | as long as short |
| Aevo POL-PERP | −0.152% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Extended POL-USD | −0.113% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| Orderly PERP_POL_USDC | −0.081% | −0.0091% | 4h | $11K | $242K | 20x | as long as short |
| Aster POLUSDT | −0.069% | +0.0068% | 4h | $370K | $394K | 20x | as long as short |
| Variational Omni POL | −0.066% | +0.0100% | 4h | $661K | $322K | — | as long as short |
| Bybit POLUSDT | −0.054% | +0.0100% | 4h | $16.1M | $16.8M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) POL/USD | −0.033% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Lighter POL | −0.030% | +0.0096% | 1h | $330K | $535K | 8x | as long as short |
| GMX POL/USD [ETH-USDC] | −0.028% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| dYdX POL-USD | −0.011% | +0.0161% | 1h | $17K | $3K | 5x | as long as short |
| OKX POL-USDT-SWAP | −0.009% | −0.0019% | 4h | $5.8M | $12.3M | 50x | as long as short |
| Hyperliquid POLlong | 0.000% | +0.0160% | 1h | $7.5M | $4.7M | 5x | |
| Binance POLUSDT | 0.000% | +0.0100% | 4h | $17.3M | $53.4M | 75x | as long as short |
| MEXC POL_USDTshort | 0.000% | +0.0100% | 4h | $23.0M | $4.1M | 125x | |
| Bitget POLUSDT | +0.009% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| BloFin POL-USDT | +0.036% | +0.0340% | 4h | $935K | $170K | 75x | as long as short |
| Kraken Futures PF_POLUSD | +0.038% | −0.0121% | 1h | $1.2M | $1.7M | 50x | as long as short |
| ApeX Omni POLUSDT | +0.072% | +0.0072% | 1h | $198K | $647K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.072% | −0.0144% | 1h | $222K | $248K | 50x | as long as short |
| Injective POL/USDC PERP | +1.326% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Hyperliquid POL
MEXC POL_USDT
Gate
KuCoin
BingX
Extended
Aster
Variational Omni
Bybit
gTrade (Gains Network)
Lighter
GMX
OKX
Binance
Bitget
BloFin
Kraken Futures
ApeX Omni
Coinbase International
Injective