After costs, if the gap returns to its 7d average, $10k−$110
spread now+0.044%7d average+0.015%fees + slippage, in and out−$113spread needed1.128%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1132 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $3.3M | $1.1M | 50x |
| Short | Kraken Futures PF_POLUSD | 0.1132 | 0.0063 | get 0.0008% / 1h | 25m 12s | $1.3M | $1.7M | 50x |
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
- $4.37
- Funding while held
- −$1.1
- Slippage, 4 orders
- −$90.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$109.52
- Spread needed to break even
- 1.128%
Slippage from KuCoin: live order book, 9 min ago; Kraken Futures: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0037%
- Per $10,000 a day
- −$1.10
- 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 KuCoin live order book, 9 min ago | 4.42 bp | 44.3 bp −$44 | 127.5 bp −$1,275 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 3.98 bp | 11.4 bp −$11 | 40.7 bp −$407 | 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.239% | −0.0114% | 1h | $200K | $643K | 50x | as long as short |
| Variational Omni POL | −0.210% | +0.0100% | 4h | $707K | $283K | — | as long as short |
| Aevo POL-PERP | −0.176% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Bybit POLUSDT | −0.150% | +0.0100% | 4h | $16.2M | $16.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.150% | +0.0092% | 4h | $5.8M | $12.5M | 50x | as long as short |
| BingX POL-USDC | −0.115% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Extended POL-USD | −0.096% | +0.0104% | 1h | $96K | $448K | 10x | as long as short |
| Gate POL_USDT | −0.088% | +0.0018% | 4h | $1.9M | $1.6M | 75x | as long as short |
| MEXC POL_USDT | −0.062% | +0.0100% | 4h | $23.0M | $3.8M | 125x | as long as short |
| Orderly PERP_POL_USDC | −0.062% | −0.0143% | 4h | $11K | $287K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.062% | −0.0521% | 1h | $3K | $220K | 12x | as long as short |
| BloFin POL-USDT | −0.062% | +0.0340% | 4h | $938K | $184K | 75x | as long as short |
| Binance POLUSDT | −0.044% | +0.0100% | 4h | $17.4M | $53.8M | 75x | as long as short |
| Reya POLRUSDPERP | −0.040% | −0.0006% | 1h | $3K | — | — | as long as short |
| KuCoin POLUSDTMlong | 0.000% | +0.0100% | 4h | $3.3M | $1.1M | 50x | |
| Bitget POLUSDT | 0.000% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| dYdX POL-USD | +0.003% | +0.1154% | 1h | $17K | $3K | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.014% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Aster POLUSDT | +0.020% | +0.0100% | 4h | $400K | $523K | 20x | as long as short |
| gTrade (Gains Network) POL/USD | +0.038% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Kraken Futures PF_POLUSDshort | +0.044% | +0.0063% | 1h | $1.3M | $1.7M | 50x | |
| Lighter POL | +0.047% | +0.0096% | 1h | $365K | $480K | 8x | as long as short |
| Coinbase International POL-PERP-INTX | +0.115% | −0.0616% | 1h | $253K | $245K | 50x | as long as short |
| Hyperliquid POL | +0.221% | +0.0100% | 1h | $6.6M | $4.5M | 5x | as long as short |
KuCoin POLUSDTM
Kraken Futures PF_POLUSD
ApeX Omni
Variational Omni
Bybit
OKX
BingX
Extended
Gate
MEXC
Injective
BloFin
Binance
Bitget
GMX
Aster
gTrade (Gains Network)
Lighter
Coinbase International
Hyperliquid