data as of
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Price arb /

POL

all POL markets
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Spread before costs (cost unknown: a leg has no order-book sample)−1.935%
7d average—if it closes, per $10,000$194funding while held, a day−$1.19
Long on InjectiveShort on Reya
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective POL/USDC PERP0.11310.0033pay 0.0004% / 1h16m 44s$3K$137K12x
ShortReya POLRUSDPERP0.1109−0.0006pay 0.0001% / 1h16m 44s$3K——

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
−$193.54
Funding while held
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
−$200.75
Spread needed to break even
0.060%
Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0040%
Per $10,000 a day
−$1.19
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 Injective no order-book sample—————
Sell Reya no order-book sample—————
Injective and Reya: 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.
Aevo0.1107cheapestBybit0.1108+0.054%Binance0.1108+0.106%OKX0.1108+0.108%Gate0.1108+0.108%Lighter0.1108+0.123%Variational Omni0.1108+0.126%Extended0.1109+0.144%BingX0.1109+0.154%Aster0.1109+0.163%ApeX Omni0.1109+0.181%BloFin0.1109+0.181%Orderly0.1109+0.190%
Reya0.1109+0.191%
MEXC0.1109+0.208%KuCoin0.1110+0.235%Bitget0.1110+0.235%GMX0.1110+0.256%dYdX0.1110+0.258%Kraken Futures0.1110+0.280%gTrade (Gains Network)0.1110+0.286%Hyperliquid0.1111+0.334%Coinbase International0.1111+0.361%
Injective0.1131+2.168%

POL on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo POL-PERP−2.122%+0.0104%1h$41K—3xas long as short
Bybit POLUSDT−2.069%+0.0100%4h$15.9M$16.8M75xas long as short
Binance POLUSDT−2.019%+0.0100%4h$17.1M$53.2M75xas long as short
OKX POL-USDT-SWAP−2.016%+0.0015%4h$5.7M$12.3M50xas long as short
Gate POL_USDT−2.016%+0.0100%4h$1.8M$1.4M75xas long as short
Lighter POL−2.002%+0.0096%1h$328K$537K8xas long as short
Variational Omni POL−1.999%+0.0100%4h$655K$323K—as long as short
Extended POL-USD−1.982%+0.0104%1h$93K$448K10xas long as short
BingX POL-USDC−1.972%+0.0100%4h—$1.6M—as long as short
Aster POLUSDT−1.963%+0.0053%4h$368K$380K20xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni POLUSDT−1.945%+0.0004%1h$196K$644K50xas long as short
BloFin POL-USDT−1.945%+0.0340%4h$924K$166K75xas long as short
Orderly PERP_POL_USDC−1.936%−0.0091%4h$11K$238K20xas long as short
Reya POLRUSDPERPshort−1.935%−0.0006%1h$3K——
MEXC POL_USDT−1.919%+0.0100%4h$22.9M$4.1M125xas long as short
KuCoin POLUSDTM−1.892%+0.0100%4h$2.8M$1.1M50xas long as short
Bitget POLUSDT−1.892%+0.0100%4h$4.2M$6.1M50xas long as short
GMX POL/USD [ETH-USDC]−1.872%L +0.0215% / S −0.0586%1h$3K—100xas long as short
dYdX POL-USD−1.870%+0.0097%1h$17K$3K5xas long as short
Kraken Futures PF_POLUSD−1.848%−0.0122%1h$1.2M$1.7M50xas long as short
gTrade (Gains Network) POL/USD−1.842%L +0.0004% / S −0.0006%1h$22K—150xas long as short
Hyperliquid POL−1.795%+0.0324%1h$7.5M$4.8M5xas long as short
Coinbase International POL-PERP-INTX−1.768%−0.0144%1h$215K$251K50xas long as short
Injective POL/USDC PERPlong0.000%+0.0033%1h$3K$137K12x