After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.096%7d average−0.054%fees + slippage, in and out−$40spread needed0.403%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter POL | 0.1122 | 0.0096 | pay 0.0012% / 1h | 21m 29s | $331K | $538K | 8x |
| Short | Binance POLUSDT | 0.1121 | 0.0100 | get 0.0050% / 4h | 3h 21m | $17.2M | $54.3M | 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
- −$9.59
- Funding while held
- $0.12
- Slippage, 4 orders
- −$30.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.75
- Spread needed to break even
- 0.403%
Slippage from Lighter: live order book, 15 min ago; Binance: live order book, 7 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 Lighter live order book, 15 min ago | 5.49 bp | 5.6 bp −$6 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.44 bp | 13.2 bp −$13 | 23.0 bp −$230 | 86.0 bp −$8,599 | 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 | |
|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | −0.154% | −0.0036% | 4h | $5.8M | $12.6M | 50x | as long as short |
| Aevo POL-PERP | −0.152% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Reya POLRUSDPERP | −0.138% | −0.0006% | 1h | $3K | — | — | as long as short |
| Bybit POLUSDT | −0.119% | +0.0100% | 4h | $16.1M | $17.0M | 75x | as long as short |
| Extended POL-USD | −0.103% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| Binance POLUSDTshort | −0.096% | +0.0100% | 4h | $17.2M | $54.3M | 75x | |
| BingX POL-USDT | −0.074% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Gate POL_USDT | −0.065% | +0.0004% | 4h | $1.9M | $1.5M | 75x | as long as short |
| MEXC POL_USDT | −0.056% | +0.0100% | 4h | $23.2M | $4.3M | 125x | as long as short |
| Aster POLUSDT | −0.049% | +0.0100% | 4h | $379K | $530K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_POL_USDC | −0.012% | −0.0117% | 4h | $11K | $253K | 20x | as long as short |
| Lighter POLlong | 0.000% | +0.0096% | 1h | $331K | $538K | 8x | |
| Bitget POLUSDT | +0.006% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| KuCoin POLUSDTM | +0.033% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| BloFin POL-USDT | +0.042% | +0.0340% | 4h | $929K | $184K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.051% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.059% | −0.0208% | 1h | $1.2M | $1.7M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.077% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| dYdX POL-USD | +0.084% | +0.0166% | 1h | $17K | $3K | 5x | as long as short |
| Hyperliquid POL | +0.113% | +0.0940% | 1h | $7.5M | $5.2M | 5x | as long as short |
| Coinbase International POL-PERP-INTX | +0.113% | −0.0344% | 1h | $230K | $242K | 50x | as long as short |
| Variational Omni POL | +0.164% | +0.0100% | 4h | $671K | $318K | — | as long as short |
| ApeX Omni POLUSDT | +0.202% | +0.0100% | 1h | $199K | $648K | 50x | as long as short |
| Injective POL/USDC PERP | +0.826% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Lighter POL
Binance POLUSDT
OKX
Bybit
Extended
BingX
Gate
MEXC
Aster
Bitget
KuCoin
BloFin
GMX
Kraken Futures
gTrade (Gains Network)
Hyperliquid
Coinbase International
Variational Omni
ApeX Omni
Injective