Spread before costs (cost unknown: a leg has no order-book sample)+0.036%
7d average+0.048%if it closes, per $10,000$4funding while held, a day+$5.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1116 | −0.0090 | get 0.0045% / 4h | 2h 38m | $11K | $243K | 20x |
| Short | Bitget POLUSDT | 0.1117 | 0.0100 | get 0.0050% / 4h | 2h 38m | $4.2M | $6.1M | 50x |
Orderly PERP_POL_USDC
Bitget POLUSDTPrice 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
- $3.58
- Funding while held
- $5.71
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$8.7
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0190%
- Per $10,000 a day
- +$5.71
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.79 bp | 12.8 bp −$13 | 26.4 bp −$264 | doesn't fit | doesn't fit |
Orderly: 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.Aevo0.1114cheapestBloFin0.1115+0.057%Variational Omni0.1115+0.107%OKX0.1116+0.128%Reya0.1116+0.134%Bybit0.1116+0.137%Gate0.1116+0.137%MEXC0.1116+0.137%Extended0.1116+0.142%BingX0.1116+0.155%ApeX Omni0.1116+0.155%Coinbase International0.1116+0.155%Binance0.1116+0.156%
Aevo
BloFin
Variational Omni
OKX
Reya
Bybit
Gate
MEXC
Extended
BingX
ApeX Omni
Coinbase International
BinanceOrderly0.1116+0.182%
Aster0.1116+0.191%
AsterBitget0.1117+0.218%
dYdX0.1117+0.245%Lighter0.1117+0.252%GMX0.1117+0.267%gTrade (Gains Network)0.1117+0.268%KuCoin0.1118+0.290%Kraken Futures0.1118+0.290%Hyperliquid0.1118+0.344%Injective0.1131+1.501%
dYdX
Lighter
GMX
gTrade (Gains Network)
KuCoin
Kraken Futures
Hyperliquid
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.182% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| BloFin POL-USDT | −0.125% | +0.0340% | 4h | $932K | $174K | 75x | as long as short |
| Variational Omni POL | −0.075% | +0.0100% | 4h | $661K | $322K | — | as long as short |
| OKX POL-USDT-SWAP | −0.054% | −0.0020% | 4h | $5.8M | $12.4M | 50x | as long as short |
| Reya POLRUSDPERP | −0.048% | −0.0006% | 1h | $3K | — | — | as long as short |
| Bybit POLUSDT | −0.045% | +0.0100% | 4h | $16.1M | $16.9M | 75x | as long as short |
| Gate POL_USDT | −0.045% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | −0.045% | +0.0100% | 4h | $23.0M | $4.1M | 125x | as long as short |
| Extended POL-USD | −0.040% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| BingX POL-USDC | −0.027% | +0.0100% | 4h | — | $1.6M | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.027% | +0.0100% | 1h | $197K | $647K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.027% | −0.0144% | 1h | $222K | $248K | 50x | as long as short |
| Binance POLUSDT | −0.026% | +0.0100% | 4h | $17.3M | $54.0M | 75x | as long as short |
| Orderly PERP_POL_USDClong | 0.000% | −0.0090% | 4h | $11K | $243K | 20x | |
| Aster POLUSDT | +0.009% | +0.0071% | 4h | $371K | $394K | 20x | as long as short |
| Bitget POLUSDTshort | +0.036% | +0.0100% | 4h | $4.2M | $6.1M | 50x | |
| dYdX POL-USD | +0.063% | +0.0176% | 1h | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.070% | +0.0096% | 1h | $330K | $535K | 8x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.084% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.086% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| KuCoin POLUSDTM | +0.107% | +0.0100% | 4h | $3.0M | $1.1M | 50x | as long as short |
| Kraken Futures PF_POLUSD | +0.108% | −0.0121% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Hyperliquid POL | +0.161% | +0.0170% | 1h | $7.5M | $4.7M | 5x | as long as short |
| Injective POL/USDC PERP | +1.317% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |