POL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.015%

7d average—if it closes, per $10,000$1funding while held, a day−$1.72

Long on Kraken Futures Short on gTrade (Gains Network)

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_POLUSD	0.1130	0.0063	pay 0.0008% / 1h	30m 14s	$1.3M	$1.7M	50x
Short	gTrade (Gains Network) POL/USD	0.1130	L +0.0004% / S −0.0006%	get 0.0001% / 1h	30m 14s	$22K	—	150x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersClose when spread is

Spread captured: $1.45
Funding while held: −$1.72
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$20.27
Spread needed to break even: 0.200%

Slippage unknown: Kraken Futures: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0057%
Per $10,000 a day: −$1.72
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	5.31 bp	24.4 bp −$24	65.8 bp −$658	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

POL on 24 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo POL-PERP	−0.231%	+0.0104%	1h	$41K	—	3x	as long as short
Bybit POLUSDT	−0.170%	+0.0100%	4h	$16.2M	$16.8M	75x	as long as short
OKX POL-USDT-SWAP	−0.161%	+0.0100%	4h	$5.8M	$12.4M	50x	as long as short
Binance POLUSDT	−0.112%	+0.0100%	4h	$17.4M	$53.8M	75x	as long as short
ApeX Omni POLUSDT	−0.099%	−0.0074%	1h	$200K	$643K	50x	as long as short
Coinbase International POL-PERP-INTX	−0.099%	−0.0616%	1h	$252K	$245K	50x	as long as short
MEXC POL_USDT	−0.090%	+0.0100%	4h	$22.8M	$3.8M	125x	as long as short
Extended POL-USD	−0.090%	+0.0104%	1h	$96K	$448K	10x	as long as short
Reya POLRUSDPERP	−0.088%	−0.0006%	1h	$3K	—	—	as long as short
Orderly PERP_POL_USDC	−0.081%	−0.0144%	4h	$11K	$287K	20x	as long as short

Show all 24 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget POLUSDT	−0.054%	+0.0100%	4h	$4.2M	$5.9M	50x	as long as short
Lighter POL	−0.020%	+0.0096%	1h	$364K	$480K	8x	as long as short
GMX POL/USD [ETH-USDC]	−0.001%	L +0.0215% / S −0.0699%	1h	$3K	—	100x	as long as short
Kraken Futures PF_POLUSDlong	0.000%	+0.0063%	1h	$1.3M	$1.7M	50x
gTrade (Gains Network) POL/USDshort	+0.015%	L +0.0004% / S −0.0006%	1h	$22K	—	150x
Variational Omni POL	+0.033%	+0.0100%	4h	$708K	$283K	—	as long as short
BloFin POL-USDT	+0.052%	+0.0340%	4h	$930K	$181K	75x	as long as short
Aster POLUSDT	+0.065%	+0.0100%	4h	$400K	$534K	20x	as long as short
BingX POL-USDC	+0.069%	+0.0100%	4h	—	$1.6M	—	as long as short
KuCoin POLUSDTM	+0.078%	+0.0100%	4h	$3.3M	$1.1M	50x	as long as short
Injective POL/USDC PERP	+0.078%	−0.0521%	1h	$3K	$220K	12x	as long as short
Gate POL_USDT	+0.105%	+0.0030%	4h	$1.9M	$1.6M	75x	as long as short
dYdX POL-USD	+0.142%	+0.1264%	1h	$17K	$3K	5x	as long as short
Hyperliquid POL	+0.158%	+0.0102%	1h	$6.6M	$4.4M	5x	as long as short