Spread before costs (cost unknown: a leg has no order-book sample)+0.030%
7d average—if it closes, per $10,000$3funding while held, a day−$5.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1137 | −0.0006 | get 0.0001% / 1h | 42m 23s | $3K | — | — |
| Short | Kraken Futures PF_POLUSD | 0.1137 | −0.0205 | pay 0.0026% / 1h | 42m 23s | $1.3M | $1.7M | 50x |
Reya POLRUSDPERP
Kraken Futures PF_POLUSDPrice 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
- $3.03
- Funding while held
- −$5.95
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.92
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0198%
- Per $10,000 a day
- −$5.95
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 7.05 bp | 16.0 bp −$16 | 51.3 bp −$513 | doesn't fit | doesn't fit |
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.Injective0.1131cheapestCoinbase International0.1131cheapestVariational Omni0.1132+0.111%Aevo0.1134+0.296%ApeX Omni0.1135+0.354%OKX0.1135+0.398%BloFin0.1136+0.460%Bybit0.1136+0.477%BingX0.1136+0.477%Orderly0.1137+0.486%Extended0.1137+0.505%Gate0.1137+0.513%
Injective
Coinbase International
Variational Omni
Aevo
ApeX Omni
OKX
BloFin
Bybit
BingX
Orderly
Extended
GateReya0.1137+0.536%
GMX0.1137+0.553%Binance0.1137+0.553%gTrade (Gains Network)0.1137+0.553%
GMX
Binance
gTrade (Gains Network)Kraken Futures0.1137+0.567%
KuCoin0.1138+0.584%MEXC0.1138+0.610%Bitget0.1138+0.619%Aster0.1139+0.664%dYdX0.1139+0.681%Lighter0.1140+0.764%Hyperliquid0.1140+0.813%
KuCoin
MEXC
Bitget
Aster
dYdX
Lighter
HyperliquidPOL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.533% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.533% | −0.0344% | 1h | $234K | $242K | 50x | as long as short |
| Variational Omni POL | −0.423% | +0.0100% | 4h | $674K | $318K | — | as long as short |
| Aevo POL-PERP | −0.239% | +0.0104% | 1h | $42K | — | 3x | as long as short |
| ApeX Omni POLUSDT | −0.181% | +0.0085% | 1h | $201K | $649K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.137% | −0.0020% | 4h | $5.8M | $12.8M | 50x | as long as short |
| BloFin POL-USDT | −0.076% | +0.0340% | 4h | $939K | $189K | 75x | as long as short |
| Bybit POLUSDT | −0.058% | +0.0100% | 4h | $16.3M | $17.0M | 75x | as long as short |
| BingX POL-USDT | −0.058% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Orderly PERP_POL_USDC | −0.049% | −0.0121% | 4h | $11K | $259K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended POL-USD | −0.031% | +0.0104% | 1h | $95K | $450K | 10x | as long as short |
| Gate POL_USDT | −0.023% | +0.0012% | 4h | $1.9M | $1.5M | 75x | as long as short |
| Reya POLRUSDPERPlong | 0.000% | −0.0006% | 1h | $3K | — | — | |
| GMX POL/USD [ETH-USDC] | +0.017% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Binance POLUSDT | +0.017% | +0.0100% | 4h | $17.5M | $54.6M | 75x | as long as short |
| gTrade (Gains Network) POL/USD | +0.017% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Kraken Futures PF_POLUSDshort | +0.030% | −0.0205% | 1h | $1.3M | $1.7M | 50x | |
| KuCoin POLUSDTM | +0.047% | +0.0100% | 4h | $3.3M | $1.1M | 50x | as long as short |
| MEXC POL_USDT | +0.074% | +0.0100% | 4h | $23.6M | $4.2M | 125x | as long as short |
| Bitget POLUSDT | +0.082% | +0.0100% | 4h | $4.3M | $6.1M | 50x | as long as short |
| Aster POLUSDT | +0.127% | +0.0100% | 4h | $385K | $545K | 20x | as long as short |
| dYdX POL-USD | +0.144% | +0.0212% | 1h | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.227% | +0.0096% | 1h | $335K | $537K | 8x | as long as short |
| Hyperliquid POL | +0.276% | +0.1175% | 1h | $7.6M | $5.1M | 5x | as long as short |