Spread before costs (cost unknown: a leg has no order-book sample)+0.137%
7d average—if it closes, per $10,000$14funding while held, a day−$0.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX POL-USDT-SWAP | 0.1116 | −0.0005 | get 0.0002% / 4h | 2h 56m | $5.8M | $12.6M | 50x |
| Short | Reya POLRUSDPERP | 0.1118 | −0.0006 | pay 0.0001% / 1h | 56m 45s | $3K | — | — |
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
- $13.69
- Funding while held
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$2.36
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.05
- 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, 3 min ago | 0.45 bp | 16.2 bp −$16 | 66.2 bp −$662 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|
| BingX POL-USDT | −0.072% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Bybit POLUSDT | −0.009% | +0.0100% | 4h | $16.1M | $17.0M | 75x | as long as short |
| OKX POL-USDT-SWAPlong | 0.000% | −0.0005% | 4h | $5.8M | $12.6M | 50x | |
| Extended POL-USD | +0.005% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| MEXC POL_USDT | +0.027% | +0.0100% | 4h | $23.0M | $4.0M | 125x | as long as short |
| Bitget POLUSDT | +0.027% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| Aevo POL-PERP | +0.033% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Binance POLUSDT | +0.045% | +0.0100% | 4h | $17.4M | $54.4M | 75x | as long as short |
| Gate POL_USDT | +0.090% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| Lighter POL | +0.099% | +0.0096% | 1h | $330K | $535K | 8x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | +0.134% | +0.0100% | 1h | $198K | $646K | 50x | as long as short |
| Reya POLRUSDPERPshort | +0.137% | −0.0006% | 1h | $3K | — | — | |
| dYdX POL-USD | +0.139% | +0.0343% | 1h | $17K | $3K | 5x | as long as short |
| Orderly PERP_POL_USDC | +0.152% | −0.0105% | 4h | $11K | $248K | 20x | as long as short |
| Variational Omni POL | +0.154% | +0.0100% | 4h | $663K | $318K | — | as long as short |
| Aster POLUSDT | +0.173% | +0.0100% | 4h | $376K | $531K | 20x | as long as short |
| KuCoin POLUSDTM | +0.179% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| BloFin POL-USDT | +0.206% | +0.0340% | 4h | $934K | $174K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.227% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.229% | −0.0121% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Hyperliquid POL | +0.242% | +0.0303% | 1h | $7.5M | $5.3M | 5x | as long as short |
| gTrade (Gains Network) POL/USD | +0.243% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| Coinbase International POL-PERP-INTX | +0.313% | −0.0144% | 1h | $227K | $243K | 50x | as long as short |
| Injective POL/USDC PERP | +1.299% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
OKX POL-USDT-SWAP
BingX
Bybit
Extended
MEXC
Bitget
Binance
Gate
Lighter
ApeX Omni
Variational Omni
Aster
KuCoin
BloFin
GMX
Kraken Futures
Hyperliquid
gTrade (Gains Network)
Coinbase International
Injective