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 BingX−0.047%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.350%−$35 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.047%, 7d avg −0.033%
Together, before fees−0.460%−$46 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POLYX-USDT0.042820.0100pay 0.0050% / 4h3h 44m$2.3M
ShortBitget POLYXUSDT0.042800.0100get 0.0050% / 4h3h 44m$459K$305K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: −0.047% → −0.033%
−$1.37
Slippage, 4 orders
−$92.67
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.05
Costs to cover
1.147%
Break-even
never at this rate
Slippage from BingX: live order book, 8 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 BingX live order book, 8 min ago16.31 bp35.0 bp −$3569.6 bp −$696444.7 bp −$44.5K519.6 bp −$259.8K
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%4h0.04278−0.093%$114K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04285+0.082%$58K$77K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04280−0.049%$11K$21K5xas long as short
Binance POLYXUSDT+0.0100%4h0.042820.000%$1.7M$2.1M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04284+0.047%$1.1M$358K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04278−0.093%$142K$39K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04283+0.023%$341K$186K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04279−0.070%$313K$41K30xas long as short
Bitget POLYXUSDTshort+0.0100%4h0.04280−0.047%$459K$305K50x
BingX POLYX-USDTlong+0.0100%4h0.04282long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04285+0.066%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04281−0.022%$3K$174K5xas long as short