After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.009%7d average−0.021%fees + slippage, in and out−$65spread needed0.646%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1121 | −0.0027 | get 0.0014% / 4h | 3h 23m | $5.8M | $12.6M | 50x |
| Short | Bybit POLUSDT | 0.1121 | 0.0100 | get 0.0050% / 4h | 3h 23m | $16.1M | $17.0M | 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
- −$0.89
- Funding while held
- $3.82
- Slippage, 4 orders
- −$43.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.65
- Spread needed to break even
- 0.646%
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0127%
- Per $10,000 a day
- +$3.82
- 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 OKX live order book, 1 min ago | 0.89 bp | 13.7 bp −$14 | 56.6 bp −$566 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.34 bp | 21.1 bp −$21 | 43.0 bp −$430 | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.108% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Coinbase International POL-PERP-INTX | −0.027% | −0.0344% | 1h | $230K | $241K | 50x | as long as short |
| Bybit POLUSDTshort | −0.009% | +0.0100% | 4h | $16.1M | $17.0M | 75x | |
| OKX POL-USDT-SWAPlong | 0.000% | −0.0027% | 4h | $5.8M | $12.6M | 50x | |
| Gate POL_USDT | 0.000% | −0.0032% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Reya POLRUSDPERP | +0.009% | −0.0006% | 1h | $3K | — | — | as long as short |
| Extended POL-USD | +0.027% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| Binance POLUSDT | +0.030% | +0.0100% | 4h | $17.2M | $54.3M | 75x | as long as short |
| MEXC POL_USDT | +0.036% | +0.0100% | 4h | $23.2M | $4.3M | 125x | as long as short |
| Orderly PERP_POL_USDC | +0.036% | −0.0117% | 4h | $11K | $253K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX POL-USDC | +0.045% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Bitget POLUSDT | +0.071% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.110% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.114% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| KuCoin POLUSDTM | +0.116% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| BloFin POL-USDT | +0.116% | +0.0340% | 4h | $927K | $185K | 75x | as long as short |
| dYdX POL-USD | +0.122% | +0.0175% | 1h | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.135% | +0.0096% | 1h | $331K | $538K | 8x | as long as short |
| Aster POLUSDT | +0.143% | +0.0100% | 4h | $379K | $530K | 20x | as long as short |
| Kraken Futures PF_POLUSD | +0.182% | −0.0207% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Variational Omni POL | +0.202% | +0.0100% | 4h | $671K | $318K | — | as long as short |
| ApeX Omni POLUSDT | +0.241% | +0.0100% | 1h | $199K | $648K | 50x | as long as short |
| Hyperliquid POL | +0.268% | +0.0954% | 1h | $7.5M | $5.2M | 5x | as long as short |
| Injective POL/USDC PERP | +0.865% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
OKX POL-USDT-SWAP
Bybit POLUSDT
Coinbase International
Gate
Extended
Binance
MEXC
BingX
Bitget
GMX
gTrade (Gains Network)
KuCoin
BloFin
Lighter
Aster
Kraken Futures
Variational Omni
ApeX Omni
Hyperliquid
Injective