Funding you earn now, next payment 04:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.52 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.046%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.046%, 7d avg +0.048%
=Funding pays, the price is against you. BingX is 0.095% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.048%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POLYXUSDT | 0.04321 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $1.7M | $2.0M | 50x |
| Short | BingX POLYX-USDT | 0.04319 | 0.0203 | get 0.0102% / 4h | 1h 22m | — | $2.3M | — |
Binance POLYXUSDT
BingX POLYX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21.67
- Price spread: −0.046% → +0.048%
- −$9.46
- Slippage, 4 orders
- −$105.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$113.67
- Costs to cover
- 1.259%
- Break-even
- 43.7 days
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 1 min ago.
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 Binance live order book, 12 min ago | 4.65 bp | 20.2 bp −$20 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 16.21 bp | 37.8 bp −$38 | 80.8 bp −$808 | 434.6 bp −$43.5K | 514.6 bp −$257.3K |
POLYX on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POLYX | +0.0100% | 1h | 0.04323 | +0.037% | $59K | $73K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04308 | −0.301% | $10K | $16K | 5x | as long as short |
| Binance POLYXUSDTlong | +0.0100% | 4h | 0.04321 | long leg | $1.7M | $2.0M | 50x | |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04308 | −0.301% | $142K | $34K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04322 | +0.023% | $333K | $170K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04316 | −0.116% | $319K | $39K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04319 | −0.046% | $468K | $306K | 50x | as long as short |
| Variational Omni POLYX | +0.0100% | 4h | 0.04317 | −0.101% | $9K | $1 | — | as long as short |
| Extended POLYX-USD | +0.0104% | 1h | 0.04318 | −0.074% | $3K | $164K | 5x | as long as short |
| BloFin POLYX-USDT | +0.0121% | 4h | 0.04310 | −0.255% | $112K | $18K | 50x | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
Variational Omni POLYX
Extended POLYX-USD
BloFin POLYX-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX POLYX-USDTshort | +0.0203% | 4h | 0.04319 | −0.046% | — | $2.3M | — | |
| Bybit POLYXUSDT | +0.0289% | 4h | 0.04325 | +0.093% | $1.1M | $355K | 13x | as long as short |
Bybit POLYXUSDT