Spread before costs (cost unknown: a leg has no order-book sample)−0.026%
7d average—if it closes, per $10,000$3funding while held, a day+$2.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_POL_USDC | 0.1108 | −0.0092 | get 0.0046% / 4h | 2h 14m | $11K | $237K | 20x |
| Short | Reya POLRUSDPERP | 0.1107 | −0.0006 | pay 0.0001% / 1h | 14m 52s | $3K | — | — |
Orderly PERP_POL_USDC
Reya POLRUSDPERPPrice 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
- −$2.57
- Funding while held
- $2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$12.01
- Spread needed to break even
- 0.120%
Slippage unknown: Orderly: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0085%
- Per $10,000 a day
- +$2.56
- 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 Reya no order-book sample | — | — | — | — | — |
Orderly and 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.Aevo0.1105cheapestOKX0.1106+0.009%Gate0.1106+0.018%BingX0.1106+0.018%Binance0.1106+0.026%Bybit0.1106+0.027%Bitget0.1106+0.045%Extended0.1106+0.054%MEXC0.1106+0.063%KuCoin0.1107+0.100%Coinbase International0.1107+0.136%Lighter0.1107+0.145%
Aevo
OKX
Gate
BingX
Binance
Bybit
Bitget
Extended
MEXC
KuCoin
Coinbase International
LighterReya0.1107+0.164%
Aster0.1107+0.179%
AsterOrderly0.1108+0.190%
BloFin0.1108+0.217%Kraken Futures0.1108+0.246%Hyperliquid0.1108+0.262%GMX0.1108+0.268%gTrade (Gains Network)0.1109+0.274%dYdX0.1109+0.306%ApeX Omni0.1109+0.317%Variational Omni0.1109+0.334%Injective0.1131+2.307%
BloFin
Kraken Futures
Hyperliquid
GMX
gTrade (Gains Network)
dYdX
ApeX Omni
Variational Omni
InjectivePOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.190% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| OKX POL-USDT-SWAP | −0.181% | +0.0007% | 4h | $5.7M | $12.2M | 50x | as long as short |
| Gate POL_USDT | −0.172% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| BingX POL-USDC | −0.172% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Binance POLUSDT | −0.164% | +0.0100% | 4h | $17.0M | $53.1M | 75x | as long as short |
| Bybit POLUSDT | −0.163% | +0.0100% | 4h | $15.9M | $16.8M | 75x | as long as short |
| Bitget POLUSDT | −0.144% | +0.0100% | 4h | $4.2M | $6.0M | 50x | as long as short |
| Extended POL-USD | −0.136% | +0.0104% | 1h | $92K | $448K | 10x | as long as short |
| MEXC POL_USDT | −0.126% | +0.0100% | 4h | $23.0M | $4.1M | 125x | as long as short |
| KuCoin POLUSDTM | −0.090% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.054% | −0.0144% | 1h | $213K | $252K | 50x | as long as short |
| Lighter POL | −0.045% | +0.0096% | 1h | $328K | $538K | 8x | as long as short |
| Reya POLRUSDPERPshort | −0.026% | −0.0006% | 1h | $3K | — | — | |
| Aster POLUSDT | −0.011% | +0.0053% | 4h | $366K | $380K | 20x | as long as short |
| Orderly PERP_POL_USDClong | 0.000% | −0.0092% | 4h | $11K | $237K | 20x | |
| BloFin POL-USDT | +0.027% | +0.0340% | 4h | $923K | $166K | 75x | as long as short |
| Kraken Futures PF_POLUSD | +0.056% | −0.0122% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Hyperliquid POL | +0.072% | +0.0328% | 1h | $7.5M | $4.8M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.078% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| gTrade (Gains Network) POL/USD | +0.084% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.116% | +0.0095% | 1h | $17K | $3K | 5x | as long as short |
| ApeX Omni POLUSDT | +0.126% | +0.0004% | 1h | $196K | $644K | 50x | as long as short |
| Variational Omni POL | +0.144% | +0.0100% | 4h | $655K | $323K | — | as long as short |
| Injective POL/USDC PERP | +2.113% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |