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: Binance against BingX−0.023%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.023%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POLYX-USDT | 0.04322 | 0.0100 | pay 0.0050% / 4h | 2h 12m | — | $2.3M | — |
| Short | Binance POLYXUSDT | 0.04321 | 0.0100 | get 0.0050% / 4h | 2h 12m | $1.7M | $2.0M | 50x |
BingX POLYX-USDT
Binance POLYXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $0
- Price spread: −0.023% → −0.048%
- $2.49
- Slippage, 4 orders
- −$108.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.41
- Costs to cover
- 1.289%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 7 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 BingX live order book, 6 min ago | 16.23 bp | 36.7 bp −$37 | 76.4 bp −$764 | 445.9 bp −$44.6K | 512.8 bp −$256.4K |
| Sell Binance live order book, 7 min ago | 1.16 bp | 27.2 bp −$27 | 76.9 bp −$769 | doesn't fit | doesn't fit |
POLYX on 11 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 | 0.04320 | −0.056% | $57K | $74K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04320 | −0.037% | $11K | $15K | 5x | as long as short |
| Binance POLYXUSDTshort | +0.0100% | 4h | 0.04321 | −0.023% | $1.7M | $2.0M | 50x | |
| Bybit POLYXUSDT | +0.0100% | 4h | 0.04325 | +0.069% | $1.1M | $367K | 13x | as long as short |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04315 | −0.162% | $141K | $35K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04320 | −0.046% | $334K | $182K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04319 | −0.069% | $317K | $41K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04319 | −0.069% | $463K | $302K | 50x | as long as short |
| BingX POLYX-USDTlong | +0.0100% | 4h | 0.04322 | long leg | — | $2.3M | — | |
| Variational Omni POLYX | +0.0100% | 4h | 0.04323 | +0.016% | $9K | $1 | — | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Bybit POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
Variational Omni POLYXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POLYX-USD | +0.0104% | 1h | 0.04319 | −0.068% | $2K | $162K | 5x | as long as short |
Extended POLYX-USD