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: Gate against BingX−0.093%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1921.920% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.093%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POLYX-USDT | 0.04282 | 0.0100 | pay 0.0050% / 4h | 3h 44m | — | $2.3M | — |
| Short | Gate POLYX_USDT | 0.04278 | 0.0100 | get 0.0050% / 4h | 3h 44m | $142K | $39K | 20x |
BingX POLYX-USDT
Gate POLYX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.093% → −0.035%
- −$5.87
- Slippage, 4 orders
- −$166.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$197.84
- Costs to cover
- 1.920%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 21 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, 8 min ago | 16.31 bp | 35.0 bp −$35 | 69.6 bp −$696 | 444.7 bp −$44.5K | 519.6 bp −$259.8K |
| Sell Gate live order book, 21 min ago | 8.14 bp | 49.5 bp −$49 | doesn't fit | 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 | +0.0080% | 4h | 0.04278 | −0.093% | $114K | $18K | 50x | as long as short |
| Hyperliquid POLYX | +0.0100% | 1h | 0.04285 | +0.082% | $58K | $77K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04280 | −0.049% | $11K | $21K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04282 | 0.000% | $1.7M | $2.1M | 50x | as long as short |
| Bybit POLYXUSDT | +0.0100% | 4h | 0.04284 | +0.047% | $1.1M | $358K | 13x | as long as short |
| Gate POLYX_USDTshort | +0.0100% | 4h | 0.04278 | −0.093% | $142K | $39K | 20x | |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04283 | +0.023% | $341K | $186K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04279 | −0.070% | $313K | $41K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04280 | −0.047% | $459K | $305K | 50x | as long as short |
| BingX POLYX-USDTlong | +0.0100% | 4h | 0.04282 | long leg | — | $2.3M | — |
BloFin POLYX-USDT
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Bybit POLYXUSDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni POLYX | +0.0100% | 4h | 0.04285 | +0.066% | $9K | $1 | — | as long as short |
| Extended POLYX-USD | +0.0104% | 1h | 0.04281 | −0.022% | $3K | $174K | 5x | as long as short |
Variational Omni POLYX
Extended POLYX-USD