Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average—if it closes, per $10,000$5funding while held, a day−$0.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1107 | 0.0024 | pay 0.0012% / 4h | 1h 24m | $5.7M | $12.4M | 50x |
| Short | dYdX POL-USD | 0.1107 | 0 | get 0.0000% / 1h | 24m 36s | $17K | $3K | 5x |
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
- $4.52
- Funding while held
- −$0.72
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$16.2
- Spread needed to break even
- 0.200%
Slippage unknown: OKX: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0024%
- Per $10,000 a day
- −$0.72
- 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, 5 min ago | 1.36 bp | 14.2 bp −$14 | 57.1 bp −$571 | 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.POL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.220% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| Gate POL_USDT | −0.163% | +0.0100% | 4h | $1.9M | $1.4M | 75x | as long as short |
| Reya POLRUSDPERP | −0.161% | −0.0006% | 1h | $3K | — | — | as long as short |
| Orderly PERP_POL_USDC | −0.108% | −0.0076% | 4h | $11K | $226K | 20x | as long as short |
| Coinbase International POL-PERP-INTX | −0.081% | −0.0016% | 1h | $201K | $266K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.077% | −0.0250% | 1h | $1.2M | $1.8M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | −0.058% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX POL/USD [ETH-USDC] | −0.057% | L +0.0211% / S −0.0606% | 1h | $3K | — | 100x | as long as short |
| Lighter POL | −0.040% | +0.0096% | 1h | $329K | $546K | 8x | as long as short |
| Bybit POLUSDT | −0.027% | +0.0100% | 4h | $15.9M | $16.8M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster POLUSDT | −0.019% | +0.0067% | 4h | $368K | $388K | 20x | as long as short |
| MEXC POL_USDT | −0.018% | +0.0100% | 4h | $23.1M | $4.1M | 125x | as long as short |
| Bitget POLUSDT | −0.018% | +0.0100% | 4h | $4.1M | $6.0M | 50x | as long as short |
| OKX POL-USDT-SWAPlong | 0.000% | +0.0024% | 4h | $5.7M | $12.4M | 50x | |
| Variational Omni POL | +0.009% | +0.0100% | 4h | $654K | $303K | — | as long as short |
| BloFin POL-USDT | +0.009% | +0.0340% | 4h | $913K | $170K | 75x | as long as short |
| Extended POL-USD | +0.018% | +0.0104% | 1h | $92K | $448K | 10x | as long as short |
| KuCoin POLUSDTM | +0.018% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| Binance POLUSDT | +0.027% | +0.0100% | 4h | $16.9M | $53.1M | 75x | as long as short |
| dYdX POL-USDshort | +0.045% | 0.0000% | 1h | $17K | $3K | 5x | |
| BingX POL-USDC | +0.045% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| ApeX Omni POLUSDT | +0.099% | +0.0100% | 1h | $196K | $643K | 50x | as long as short |
| Hyperliquid POL | +0.136% | +0.0279% | 1h | $7.5M | $4.6M | 5x | as long as short |
| Injective POL/USDC PERP | +2.177% | +0.0033% | 1h | $3K | $74K | 12x | as long as short |
OKX POL-USDT-SWAP
Gate
Coinbase International
Kraken Futures
gTrade (Gains Network)
GMX
Lighter
Bybit
Aster
MEXC
Bitget
Variational Omni
BloFin
Extended
KuCoin
Binance
BingX
ApeX Omni
Hyperliquid
Injective