After costs, if the gap returns to its 7d average, $10k−$71
spread now−0.046%7d average−0.066%fees + slippage, in and out−$73spread needed0.726%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1131 | 0.0063 | pay 0.0008% / 1h | 30m 57s | $1.3M | $1.7M | 50x |
| Short | BloFin POL-USDT | 0.1131 | 0.0340 | get 0.0170% / 4h | 1h 30m | $930K | $181K | 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
- −$4.61
- Funding while held
- $8.3
- Slippage, 4 orders
- −$50.62
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$68.93
- Spread needed to break even
- 0.726%
Slippage from Kraken Futures: live order book, 4 min ago; BloFin: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0277%
- Per $10,000 a day
- +$8.30
- 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, 4 min ago | 5.31 bp | 24.4 bp −$24 | 65.8 bp −$658 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 0.90 bp | 15.3 bp −$15 | 30.3 bp −$303 | 82.1 bp −$8,207 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni POL | −0.358% | +0.0100% | 4h | $705K | $283K | — | as long as short |
| Aevo POL-PERP | −0.309% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| ApeX Omni POLUSDT | −0.196% | −0.0074% | 1h | $200K | $643K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.196% | −0.0616% | 1h | $252K | $245K | 50x | as long as short |
| Bybit POLUSDT | −0.143% | +0.0100% | 4h | $16.2M | $16.8M | 75x | as long as short |
| Binance POLUSDT | −0.126% | +0.0100% | 4h | $17.4M | $53.8M | 75x | as long as short |
| Extended POL-USD | −0.120% | +0.0104% | 1h | $96K | $448K | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.117% | +0.0100% | 4h | $5.8M | $12.5M | 50x | as long as short |
| MEXC POL_USDT | −0.108% | +0.0100% | 4h | $22.8M | $3.8M | 125x | as long as short |
| Orderly PERP_POL_USDC | −0.099% | −0.0145% | 4h | $11K | $287K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDTshort | −0.046% | +0.0340% | 4h | $930K | $181K | 75x | |
| Reya POLRUSDPERP | −0.028% | −0.0006% | 1h | $3K | — | — | as long as short |
| Injective POL/USDC PERP | −0.020% | −0.0521% | 1h | $3K | $220K | 12x | as long as short |
| Bitget POLUSDT | −0.002% | +0.0100% | 4h | $4.3M | $5.9M | 50x | as long as short |
| BingX POL-USDC | −0.002% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Kraken Futures PF_POLUSDlong | 0.000% | +0.0063% | 1h | $1.3M | $1.7M | 50x | |
| Gate POL_USDT | +0.007% | +0.0048% | 4h | $1.9M | $1.6M | 75x | as long as short |
| Lighter POL | +0.012% | +0.0096% | 1h | $364K | $480K | 8x | as long as short |
| Aster POLUSDT | +0.031% | +0.0100% | 4h | $400K | $534K | 20x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.042% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.043% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| KuCoin POLUSDTM | +0.078% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Hyperliquid POL | +0.113% | +0.0104% | 1h | $6.6M | $4.4M | 5x | as long as short |
| dYdX POL-USD | +0.133% | +0.1309% | 1h | $17K | $3K | 5x | as long as short |
Kraken Futures PF_POLUSD
BloFin POL-USDT
Variational Omni
ApeX Omni
Coinbase International
Bybit
Binance
Extended
OKX
MEXC
Injective
Bitget
BingX
Gate
Lighter
Aster
GMX
gTrade (Gains Network)
KuCoin
Hyperliquid