After costs, if the gap returns to its 7d average, $10k−$73
spread now+0.038%7d average+0.022%fees + slippage, in and out−$74spread needed0.745%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1099 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.8M | $1.1M | 50x |
| Short | Lighter POL | 0.1100 | 0.0096 | get 0.0012% / 1h | 55m 21s | $326K | $537K | 8x |
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
- $3.82
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$62.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$70.79
- Spread needed to break even
- 0.745%
Slippage from KuCoin: live order book, 8 min ago; Lighter: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 8 min ago | 5.01 bp | 30.6 bp −$31 | 161.8 bp −$1,618 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 36 min ago | 5.56 bp | 9.1 bp −$9 | 57.0 bp −$570 | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.118% | +0.0340% | 4h | $916K | $166K | 75x | as long as short |
| Coinbase International POL-PERP-INTX | −0.100% | −0.0016% | 1h | $206K | $255K | 50x | as long as short |
| Aevo POL-PERP | −0.091% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| Variational Omni POL | −0.080% | +0.0100% | 4h | $648K | $323K | — | as long as short |
| Binance POLUSDT | −0.018% | +0.0100% | 4h | $16.9M | $53.1M | 75x | as long as short |
| Gate POL_USDT | −0.018% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| ApeX Omni POLUSDT | −0.009% | +0.0045% | 1h | $194K | $643K | 50x | as long as short |
| Extended POL-USD | −0.003% | +0.0104% | 1h | $92K | $448K | 10x | as long as short |
| KuCoin POLUSDTMlong | 0.000% | +0.0100% | 4h | $2.8M | $1.1M | 50x | |
| Reya POLRUSDPERP | +0.007% | −0.0006% | 1h | $3K | — | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.009% | +0.0100% | 4h | $15.8M | $16.9M | 75x | as long as short |
| Bitget POLUSDT | +0.009% | +0.0100% | 4h | $4.1M | $6.1M | 50x | as long as short |
| dYdX POL-USD | +0.018% | 0.0000% | 1h | $17K | $3K | 5x | as long as short |
| OKX POL-USDT-SWAP | +0.018% | −0.0004% | 4h | $5.7M | $12.4M | 50x | as long as short |
| BingX POL-USDT | +0.018% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Aster POLUSDT | +0.035% | +0.0032% | 4h | $360K | $377K | 20x | as long as short |
| MEXC POL_USDT | +0.036% | +0.0100% | 4h | $22.9M | $4.1M | 125x | as long as short |
| Orderly PERP_POL_USDC | +0.036% | −0.0090% | 4h | $11K | $234K | 20x | as long as short |
| Lighter POLshort | +0.038% | +0.0096% | 1h | $326K | $537K | 8x | |
| gTrade (Gains Network) POL/USD | +0.099% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.106% | L +0.0211% / S −0.0606% | 1h | $2K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.116% | −0.0251% | 1h | $1.2M | $1.8M | 50x | as long as short |
| Hyperliquid POL | +0.191% | +0.0421% | 1h | $7.4M | $4.8M | 5x | as long as short |
| Injective POL/USDC PERP | +2.902% | +0.0033% | 1h | $3K | $74K | 12x | as long as short |
KuCoin POLUSDTM
Lighter POL
BloFin
Coinbase International
Variational Omni
Binance
Gate
ApeX Omni
Extended
Bybit
Bitget
OKX
BingX
Aster
MEXC
gTrade (Gains Network)
GMX
Kraken Futures
Hyperliquid
Injective