Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average—if it closes, per $10,000$3funding while held, a day+$0.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya POLRUSDPERP | 0.1116 | −0.0006 | get 0.0001% / 1h | 54m 54s | $3K | — | — |
| Short | OKX POL-USDT-SWAP | 0.1117 | −0.0006 | pay 0.0003% / 4h | 2h 54m | $5.8M | $12.6M | 50x |
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
- $2.69
- Funding while held
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$13.29
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.03
- 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 OKX live order book, 5 min ago | 0.45 bp | 13.7 bp −$14 | 54.1 bp −$541 | 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.POL on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo POL-PERP | −0.094% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Variational Omni POL | −0.018% | +0.0100% | 4h | $662K | $318K | — | as long as short |
| BloFin POL-USDT | −0.009% | +0.0340% | 4h | $933K | $174K | 75x | as long as short |
| Reya POLRUSDPERPlong | 0.000% | −0.0006% | 1h | $3K | — | — | |
| Gate POL_USDT | +0.009% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| Orderly PERP_POL_USDC | +0.018% | −0.0105% | 4h | $11K | $248K | 20x | as long as short |
| OKX POL-USDT-SWAPshort | +0.027% | −0.0006% | 4h | $5.8M | $12.6M | 50x | |
| BingX POL-USDC | +0.027% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Bybit POLUSDT | +0.036% | +0.0100% | 4h | $16.1M | $17.0M | 75x | as long as short |
| Aster POLUSDT | +0.050% | +0.0100% | 4h | $375K | $530K | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.069% | +0.0100% | 4h | $17.4M | $54.4M | 75x | as long as short |
| Extended POL-USD | +0.077% | +0.0104% | 1h | $93K | $450K | 10x | as long as short |
| MEXC POL_USDT | +0.081% | +0.0100% | 4h | $23.0M | $4.0M | 125x | as long as short |
| Bitget POLUSDT | +0.090% | +0.0100% | 4h | $4.2M | $6.1M | 50x | as long as short |
| Lighter POL | +0.094% | +0.0096% | 1h | $330K | $535K | 8x | as long as short |
| KuCoin POLUSDTM | +0.107% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | +0.114% | L +0.0215% / S −0.0699% | 1h | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.134% | −0.0121% | 1h | $1.2M | $1.7M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | +0.135% | L +0.0004% / S −0.0006% | 1h | $21K | — | 150x | as long as short |
| ApeX Omni POLUSDT | +0.152% | +0.0100% | 1h | $198K | $646K | 50x | as long as short |
| Coinbase International POL-PERP-INTX | +0.152% | −0.0144% | 1h | $225K | $243K | 50x | as long as short |
| dYdX POL-USD | +0.157% | +0.0257% | 1h | $17K | $3K | 5x | as long as short |
| Hyperliquid POL | +0.242% | +0.0324% | 1h | $7.5M | $5.3M | 5x | as long as short |
| Injective POL/USDC PERP | +1.317% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
OKX POL-USDT-SWAP
Variational Omni
BloFin
Gate
BingX
Bybit
Aster
Binance
Extended
MEXC
Bitget
Lighter
KuCoin
GMX
Kraken Futures
gTrade (Gains Network)
ApeX Omni
Coinbase International
Hyperliquid
Injective