After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.014%7d average+0.043%fees + slippage, in and out−$59spread needed0.587%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1119 | −0.0121 | get 0.0015% / 1h | 35m 03s | $1.2M | $1.7M | 50x |
| Short | Hyperliquid POL | 0.1119 | 0.0170 | get 0.0021% / 1h | 35m 03s | $7.5M | $4.7M | 5x |
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
- $1.42
- Funding while held
- $8.73
- Slippage, 4 orders
- −$39.68
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$48.53
- Spread needed to break even
- 0.587%
Slippage from Kraken Futures: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0291%
- Per $10,000 a day
- +$8.73
- 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 | 4.48 bp | 18.4 bp −$18 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.45 bp | 4.9 bp −$5 | 10.6 bp −$106 | doesn't fit | 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 | −0.319% | +0.0100% | 4h | $659K | $324K | — | as long as short |
| OKX POL-USDT-SWAP | −0.233% | −0.0014% | 4h | $5.8M | $12.3M | 50x | as long as short |
| Bybit POLUSDT | −0.224% | +0.0100% | 4h | $16.1M | $16.8M | 75x | as long as short |
| KuCoin POLUSDTM | −0.188% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| BingX POL-USDT | −0.188% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Aevo POL-PERP | −0.178% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Aster POLUSDT | −0.163% | +0.0062% | 4h | $370K | $394K | 20x | as long as short |
| ApeX Omni POLUSDT | −0.143% | +0.0072% | 1h | $198K | $647K | 50x | as long as short |
| dYdX POL-USD | −0.138% | +0.0154% | 1h | $17K | $3K | 5x | as long as short |
| Binance POLUSDT | −0.136% | +0.0100% | 4h | $17.3M | $53.4M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.125% | +0.0340% | 4h | $935K | $170K | 75x | as long as short |
| Extended POL-USD | −0.113% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| Gate POL_USDT | −0.107% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| Reya POLRUSDPERP | −0.097% | −0.0006% | 1h | $3K | — | — | as long as short |
| MEXC POL_USDT | −0.081% | +0.0100% | 4h | $23.0M | $4.1M | 125x | as long as short |
| Bitget POLUSDT | −0.081% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.081% | −0.0092% | 4h | $11K | $241K | 20x | as long as short |
| Lighter POL | −0.064% | +0.0096% | 1h | $330K | $535K | 8x | as long as short |
| Kraken Futures PF_POLUSDlong | 0.000% | −0.0121% | 1h | $1.2M | $1.7M | 50x | |
| gTrade (Gains Network) POL/USD | +0.007% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.011% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| Hyperliquid POLshort | +0.014% | +0.0170% | 1h | $7.5M | $4.7M | 5x | |
| Coinbase International POL-PERP-INTX | +0.036% | −0.0144% | 1h | $222K | $249K | 50x | as long as short |
| Injective POL/USDC PERP | +1.108% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Kraken Futures PF_POLUSD
Hyperliquid POL
Variational Omni
OKX
Bybit
KuCoin
BingX
Aster
ApeX Omni
Binance
BloFin
Extended
Gate
MEXC
Bitget
Lighter
gTrade (Gains Network)
GMX
Coinbase International
Injective