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−$23
spread now0.000%7d average−0.066%fees + slippage, in and out−$29spread needed0.293%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POL0.11160.0160pay 0.0020% / 1h36m 11s$7.5M$4.7M5x
ShortMEXC POL_USDT0.11160.0100get 0.0050% / 4h2h 36m$23.0M$4.1M125x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago0.45 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.45 bp6.4 bp −$636.3 bp −$36392.3 bp −$9,232doesn'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
Gate POL_USDT−0.215%+0.0100%4h$1.8M$1.4M75xas long as short
KuCoin POLUSDTM−0.188%+0.0100%4h$2.8M$1.1M50xas long as short
BingX POL-USDC−0.170%+0.0100%4h$1.6Mas long as short
Reya POLRUSDPERP−0.164%−0.0006%1h$3Kas long as short
Aevo POL-PERP−0.152%+0.0104%1h$41K3xas long as short
Extended POL-USD−0.113%+0.0104%1h$93K$450K10xas long as short
Orderly PERP_POL_USDC−0.081%−0.0091%4h$11K$242K20xas long as short
Aster POLUSDT−0.069%+0.0068%4h$370K$394K20xas long as short
Variational Omni POL−0.066%+0.0100%4h$661K$322Kas long as short
Bybit POLUSDT−0.054%+0.0100%4h$16.1M$16.8M75xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) POL/USD−0.033%L +0.0004% / S −0.0006%1h$22K150xas long as short
Lighter POL−0.030%+0.0096%1h$330K$535K8xas long as short
GMX POL/USD [ETH-USDC]−0.028%L +0.0215% / S −0.0586%1h$3K100xas long as short
dYdX POL-USD−0.011%+0.0161%1h$17K$3K5xas long as short
OKX POL-USDT-SWAP−0.009%−0.0019%4h$5.8M$12.3M50xas long as short
Hyperliquid POLlong0.000%+0.0160%1h$7.5M$4.7M5x
Binance POLUSDT0.000%+0.0100%4h$17.3M$53.4M75xas long as short
MEXC POL_USDTshort0.000%+0.0100%4h$23.0M$4.1M125x
Bitget POLUSDT+0.009%+0.0100%4h$4.2M$6.1M50xas long as short
BloFin POL-USDT+0.036%+0.0340%4h$935K$170K75xas long as short
Kraken Futures PF_POLUSD+0.038%−0.0121%1h$1.2M$1.7M50xas long as short
ApeX Omni POLUSDT+0.072%+0.0072%1h$198K$647K50xas long as short
Coinbase International POL-PERP-INTX+0.072%−0.0144%1h$222K$248K50xas long as short
Injective POL/USDC PERP+1.326%+0.0033%1h$3K$137K12xas long as short