Spread before costs (cost unknown: a leg has no order-book sample)−0.079%
7d average0.000%if it closes, per $10,000$8funding while held, a day+$1.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1133 | −0.0129 | get 0.0065% / 4h | 14m 05s | $11K | $290K | 20x |
| Short | Gate POL_USDT | 0.1132 | −0.0078 | pay 0.0039% / 4h | 14m 05s | $1.9M | $1.5M | 75x |
Orderly PERP_POL_USDC
Gate POL_USDTPrice 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
- −$7.94
- Funding while held
- $1.54
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$27.41
- Spread needed to break even
- 0.210%
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0051%
- Per $10,000 a day
- +$1.54
- 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 Gate live order book, 5 min ago | 3.11 bp | 24.6 bp −$25 | 139.7 bp −$1,397 | 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.ApeX Omni0.1128cheapestInjective0.1131+0.266%Variational Omni0.1131+0.275%Bybit0.1132+0.310%Aevo0.1132+0.316%OKX0.1132+0.346%Bitget0.1132+0.355%
ApeX Omni
Injective
Variational Omni
Bybit
Aevo
OKX
BitgetGate0.1132+0.363%
Binance0.1132+0.381%Reya0.1132+0.383%BloFin0.1133+0.399%BingX0.1133+0.408%Extended0.1133+0.414%MEXC0.1133+0.417%
Binance
Reya
BloFin
BingX
Extended
MEXCOrderly0.1133+0.443%
Aster0.1133+0.477%Lighter0.1133+0.480%GMX0.1134+0.488%Kraken Futures0.1134+0.491%gTrade (Gains Network)0.1134+0.510%KuCoin0.1134+0.532%Coinbase International0.1134+0.532%Hyperliquid0.1134+0.576%dYdX0.1135+0.581%
Aster
Lighter
GMX
Kraken Futures
gTrade (Gains Network)
KuCoin
Coinbase International
Hyperliquid
dYdXPOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni POLUSDT | −0.441% | −0.0091% | 1h | $200K | $645K | 50x | as long as short |
| Injective POL/USDC PERP | −0.177% | +0.0033% | 1h | $3K | $176K | 12x | as long as short |
| Variational Omni POL | −0.167% | +0.0100% | 4h | $674K | $319K | — | as long as short |
| Bybit POLUSDT | −0.132% | +0.0015% | 4h | $16.2M | $17.2M | 75x | as long as short |
| Aevo POL-PERP | −0.127% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| OKX POL-USDT-SWAP | −0.097% | −0.0064% | 4h | $5.8M | $12.8M | 50x | as long as short |
| Bitget POLUSDT | −0.088% | +0.0100% | 4h | $4.3M | $6.2M | 50x | as long as short |
| Gate POL_USDTshort | −0.079% | −0.0078% | 4h | $1.9M | $1.5M | 75x | |
| Binance POLUSDT | −0.062% | +0.0100% | 4h | $17.3M | $55.4M | 75x | as long as short |
| Reya POLRUSDPERP | −0.060% | −0.0006% | 1h | $3K | — | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.044% | +0.0340% | 4h | $942K | $188K | 75x | as long as short |
| BingX POL-USDT | −0.035% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Extended POL-USD | −0.029% | +0.0104% | 1h | $94K | $450K | 10x | as long as short |
| MEXC POL_USDT | −0.026% | +0.0100% | 4h | $23.0M | $3.9M | 125x | as long as short |
| Orderly PERP_POL_USDClong | 0.000% | −0.0129% | 4h | $11K | $290K | 20x | |
| Aster POLUSDT | +0.034% | +0.0100% | 4h | $382K | $555K | 20x | as long as short |
| Lighter POL | +0.036% | +0.0096% | 1h | $332K | $541K | 8x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.045% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.047% | +0.0010% | 1h | $1.3M | $1.8M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.066% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| KuCoin POLUSDTM | +0.088% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.088% | −0.0504% | 1h | $239K | $262K | 50x | as long as short |
| Hyperliquid POL | +0.132% | +0.0100% | 1h | $6.8M | $4.7M | 5x | as long as short |
| dYdX POL-USD | +0.137% | +0.1094% | 1h | $17K | $3K | 5x | as long as short |