Spread before costs (cost unknown: a leg has no order-book sample)−0.032%
7d average+0.140%if it closes, per $10,000$3funding while held, a day+$5.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni POL | 0.1112 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $656K | $323K | — |
| Short | Hyperliquid POL | 0.1112 | 0.0288 | get 0.0036% / 1h | 24m 03s | $7.5M | $4.8M | 5x |
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
- −$3.25
- Funding while held
- $5.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$6.61
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0188%
- Per $10,000 a day
- +$5.64
- 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 Variational Omni RFQ quote, 16 min ago | 8.96 bp | doesn't fit | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.89 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.297% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Gate POL_USDT | −0.284% | +0.0100% | 4h | $1.8M | $1.4M | 75x | as long as short |
| Extended POL-USD | −0.259% | +0.0104% | 1h | $93K | $448K | 10x | as long as short |
| Bybit POLUSDT | −0.257% | +0.0100% | 4h | $16.0M | $16.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | −0.248% | +0.0004% | 4h | $5.7M | $12.2M | 50x | as long as short |
| Reya POLRUSDPERP | −0.233% | −0.0006% | 1h | $3K | — | — | as long as short |
| MEXC POL_USDT | −0.230% | +0.0100% | 4h | $22.9M | $4.1M | 125x | as long as short |
| BingX POL-USDT | −0.230% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Orderly PERP_POL_USDC | −0.230% | −0.0092% | 4h | $11K | $239K | 20x | as long as short |
| Binance POLUSDT | −0.221% | +0.0100% | 4h | $17.1M | $53.1M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin POL-USDT | −0.221% | +0.0340% | 4h | $929K | $168K | 75x | as long as short |
| Lighter POL | −0.196% | +0.0096% | 1h | $328K | $536K | 8x | as long as short |
| KuCoin POLUSDTM | −0.167% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | −0.167% | +0.0100% | 4h | $4.2M | $6.0M | 50x | as long as short |
| GMX POL/USD [ETH-USDC] | −0.152% | L +0.0215% / S −0.0586% | 1h | $3K | — | 100x | as long as short |
| dYdX POL-USD | −0.131% | +0.0119% | 1h | $17K | $3K | 5x | as long as short |
| Aster POLUSDT | −0.127% | +0.0054% | 4h | $368K | $394K | 20x | as long as short |
| gTrade (Gains Network) POL/USD | −0.122% | L +0.0004% / S −0.0006% | 1h | $22K | — | 150x | as long as short |
| Kraken Futures PF_POLUSD | −0.120% | −0.0122% | 1h | $1.2M | $1.7M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.086% | −0.0144% | 1h | $219K | $248K | 50x | as long as short |
| Hyperliquid POLshort | −0.032% | +0.0288% | 1h | $7.5M | $4.8M | 5x | |
| Variational Omni POLlong | 0.000% | +0.0100% | 4h | $656K | $323K | — | |
| ApeX Omni POLUSDT | +0.093% | +0.0042% | 1h | $197K | $645K | 50x | as long as short |
| Injective POL/USDC PERP | +1.712% | +0.0033% | 1h | $3K | $137K | 12x | as long as short |
Variational Omni POL
Hyperliquid POL
Gate
Extended
Bybit
OKX
MEXC
BingX
Binance
BloFin
Lighter
KuCoin
Bitget
GMX
Aster
gTrade (Gains Network)
Kraken Futures
Coinbase International
ApeX Omni
Injective