Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$0.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter POL | 0.1119 | 0.0096 | pay 0.0012% / 1h | 0m 37s | $331K | $540K | 8x |
| Short | dYdX POL-USD | 0.1119 | 0.0108 | get 0.0013% / 1h | 0m 37s | $17K | $3K | 5x |
Lighter POL
dYdX POL-USDPrice 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
- $1.61
- Funding while held
- $0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$8.04
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: live order book, 36 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0012%
- Per $10,000 a day
- +$0.36
- 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, 36 min ago | 5.49 bp | 5.6 bp −$6 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Aevo0.1117cheapestAster0.1118+0.047%Bybit0.1118+0.073%Gate0.1118+0.082%Variational Omni0.1118+0.093%Binance0.1118+0.100%Orderly0.1118+0.100%Extended0.1118+0.112%OKX0.1119+0.118%BingX0.1119+0.118%MEXC0.1119+0.127%Bitget0.1119+0.145%Reya0.1119+0.156%
Aevo
Aster
Bybit
Gate
Variational Omni
Binance
Orderly
Extended
OKX
BingX
MEXC
Bitget
ReyaLighter0.1119+0.158%
dYdX0.1119+0.174%
BloFin0.1119+0.181%KuCoin0.1119+0.208%GMX0.1120+0.218%gTrade (Gains Network)0.1120+0.229%Hyperliquid0.1120+0.235%Kraken Futures0.1120+0.238%Coinbase International0.1120+0.252%ApeX Omni0.1122+0.431%Injective0.1131+1.237%
BloFin
KuCoin
GMX
gTrade (Gains Network)
Hyperliquid
Kraken Futures
Coinbase International
ApeX Omni
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.157% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Aster POLUSDT | −0.111% | +0.0100% | 4h | $376K | $530K | 20x | as long as short |
| Bybit POLUSDT | −0.084% | +0.0100% | 4h | $16.1M | $17.1M | 75x | as long as short |
| Gate POL_USDT | −0.075% | +0.0100% | 4h | $1.8M | $1.5M | 75x | as long as short |
| Variational Omni POL | −0.064% | +0.0100% | 4h | $663K | $318K | — | as long as short |
| Binance POLUSDT | −0.057% | +0.0100% | 4h | $17.4M | $54.5M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.057% | −0.0105% | 4h | $11K | $248K | 20x | as long as short |
| Extended POL-USD | −0.046% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.039% | +0.0001% | 4h | $5.8M | $12.7M | 50x | as long as short |
| BingX POL-USDT | −0.039% | +0.0100% | 4h | — | $7.2M | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC POL_USDT | −0.030% | +0.0100% | 4h | $23.1M | $4.3M | 125x | as long as short |
| Bitget POLUSDT | −0.013% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| Reya POLRUSDPERP | −0.002% | −0.0006% | 1h | $3K | — | — | as long as short |
| Lighter POLlong | 0.000% | +0.0096% | 1h | $331K | $540K | 8x | |
| dYdX POL-USDshort | +0.016% | +0.0108% | 1h | $17K | $3K | 5x | |
| BloFin POL-USDT | +0.023% | +0.0340% | 4h | $932K | $174K | 75x | as long as short |
| KuCoin POLUSDTM | +0.050% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.061% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.071% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| Hyperliquid POL | +0.077% | +0.0815% | 1h | $7.5M | $5.3M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.080% | −0.0208% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.095% | −0.0344% | 1h | $227K | $243K | 50x | as long as short |
| ApeX Omni POLUSDT | +0.273% | +0.0100% | 1h | $198K | $647K | 50x | as long as short |
| Injective POL/USDC PERP | +1.078% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |