Funding you earn now, next payment 02:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX+0.001%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2212.212% of the position
Funding, last 7 days−0.315%−$32 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.001%, 7d avg −0.067%
=Together, before fees−0.452%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.068% dearer against BingX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.067%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POLYX-USDT | 0.04270 | 0.0354 | pay 0.0177% / 4h | 2h 56m | — | $2.3M | — |
| Short | Extended POLYX-USD | 0.04270 | 0.0104 | get 0.0013% / 1h | 56m 43s | $712 | $172K | 5x |
BingX POLYX-USDT
Extended POLYX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$52.58
- Price spread: +0.001% → −0.067%
- $6.81
- Slippage, 4 orders
- −$206.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$266.97
- Costs to cover
- 2.212%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Extended: live order book, 9 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 | 11.60 bp | 40.6 bp −$41 | 77.0 bp −$770 | 447.1 bp −$44.7K | 520.5 bp −$260.3K |
| Sell Extended live order book, 9 min ago | 3.35 bp | 67.2 bp −$67 | 398.1 bp −$3,981 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POLYX-USDT | +0.0051% | 4h | 0.04278 | +0.187% | $113K | $18K | 50x | as long as short |
| Hyperliquid POLYX | +0.0100% | 1h | 0.04272 | +0.044% | $56K | $76K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04277 | +0.170% | $11K | $15K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04271 | +0.023% | $1.7M | $2.1M | 50x | as long as short |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04275 | +0.117% | $141K | $34K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04270 | 0.000% | $329K | $175K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04278 | +0.187% | $313K | $40K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04272 | +0.047% | $458K | $307K | 50x | as long as short |
| Variational Omni POLYX | +0.0100% | 4h | 0.04302 | +0.743% | $9K | $1 | — | as long as short |
| Extended POLYX-USDshort | +0.0104% | 1h | 0.04270 | +0.001% | $712 | $172K | 5x |
BloFin POLYX-USDT
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
Variational Omni POLYXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLYXUSDT | +0.0188% | 4h | 0.04276 | +0.141% | $1.1M | $361K | 13x | as long as short |
| BingX POLYX-USDTlong | +0.0354% | 4h | 0.04270 | long leg | — | $2.3M | — |
Bybit POLYXUSDT