Settings8H · net · $10k
Funding arb · Price arb /

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.280%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 4 days (all we have)−0.345%−$35 · spread now +0.280%, 7d avg +0.002%
Together, before fees−0.517%−$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.278% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POLYXUSDT0.042760.0100pay 0.0050% / 4h3h 44m$1.7M$2.1M50x
ShortBitget POLYXUSDT0.042880.0100get 0.0050% / 4h3h 44m$460K$305K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.280% → +0.002%
$27.76
Slippage, 4 orders
−$70.59
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$64.83
Costs to cover
0.926%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.33 bp24.7 bp −$2592.3 bp −$923doesn't fitdoesn't fit
Sell Bitget live order book, 21 min ago5.81 bp20.8 bp −$2191.8 bp −$918doesn't fitdoesn't fit

POLYX on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin POLYX-USDT+0.0080%4h0.04278+0.046%$114K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04286+0.236%$58K$77K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04280+0.092%$11K$21K5xas long as short
Binance POLYXUSDTlong+0.0100%4h0.04276long leg$1.7M$2.1M50x
Bybit POLYXUSDT+0.0100%4h0.04288+0.280%$1.1M$358K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04278+0.046%$142K$39K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04283+0.163%$341K$186K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04279+0.070%$313K$41K30xas long as short
Bitget POLYXUSDTshort+0.0100%4h0.04288+0.280%$460K$305K50x
BingX POLYX-USDT+0.0100%4h0.04286+0.233%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04285+0.206%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04281+0.118%$3K$174K5xas long as short