After costs, if the gap returns to its 7d average, $10k−$56
spread now−0.103%7d average−0.047%fees + slippage, in and out−$50spread needed0.501%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1130 | 0.0010 | pay 0.0001% / 1h | 44m 45s | $1.3M | $1.8M | 50x |
| Short | Binance POLUSDT | 0.1128 | 0.0100 | get 0.0050% / 4h | 44m 45s | $17.4M | $54.6M | 75x |
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
- −$10.31
- Funding while held
- $2.69
- Slippage, 4 orders
- −$30.13
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.76
- Spread needed to break even
- 0.501%
Slippage from Kraken Futures: live order book, 5 min ago; Binance: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0090%
- Per $10,000 a day
- +$2.69
- 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 Kraken Futures live order book, 5 min ago | 4.40 bp | 16.7 bp −$17 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.44 bp | 11.2 bp −$11 | 23.4 bp −$234 | 129.6 bp −$13.0K | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.238% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| OKX POL-USDT-SWAP | −0.191% | +0.0002% | 4h | $5.8M | $12.6M | 50x | as long as short |
| BloFin POL-USDT | −0.191% | +0.0340% | 4h | $938K | $185K | 75x | as long as short |
| Bybit POLUSDT | −0.146% | +0.0041% | 4h | $16.2M | $17.0M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.120% | −0.0138% | 4h | $12K | $289K | 20x | as long as short |
| Reya POLRUSDPERP | −0.117% | −0.0006% | 1h | $3K | — | — | as long as short |
| Binance POLUSDTshort | −0.103% | +0.0100% | 4h | $17.4M | $54.6M | 75x | |
| Gate POL_USDT | −0.093% | −0.0038% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Extended POL-USD | −0.055% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| MEXC POL_USDT | −0.040% | +0.0100% | 4h | $23.0M | $3.8M | 125x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget POLUSDT | −0.040% | +0.0100% | 4h | $4.3M | $6.1M | 50x | as long as short |
| BingX POL-USDC | −0.040% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Variational Omni POL | −0.038% | +0.0100% | 4h | $708K | $283K | — | as long as short |
| Kraken Futures PF_POLUSDlong | 0.000% | +0.0010% | 1h | $1.3M | $1.8M | 50x | |
| Lighter POL | +0.016% | +0.0096% | 1h | $330K | $533K | 8x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.029% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.030% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| KuCoin POLUSDTM | +0.040% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.040% | −0.0504% | 1h | $244K | $254K | 50x | as long as short |
| dYdX POL-USD | +0.109% | +0.2140% | 1h | $17K | $3K | 5x | as long as short |
| Aster POLUSDT | +0.110% | +0.0100% | 4h | $388K | $551K | 20x | as long as short |
| Injective POL/USDC PERP | +0.128% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Hyperliquid POL | +0.172% | +0.0100% | 1h | $6.6M | $4.5M | 5x | as long as short |
| ApeX Omni POLUSDT | +0.394% | −0.0003% | 1h | $201K | $643K | 50x | as long as short |
Kraken Futures PF_POLUSD
Binance POLUSDT
OKX
BloFin
Bybit
Gate
Extended
MEXC
Bitget
BingX
Variational Omni
Lighter
GMX
gTrade (Gains Network)
KuCoin
Coinbase International
Aster
Injective
Hyperliquid
ApeX Omni