Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.070%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6836.828% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.070%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POLYX-USDT | 0.04290 | 0.0100 | pay 0.0050% / 4h | 31m 03s | — | $2.3M | — |
| Short | KuCoin POLYXUSDTM | 0.04293 | 0.0100 | get 0.0050% / 4h | 31m 03s | $316K | $39K | 30x |
BingX POLYX-USDT
KuCoin POLYXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.070% → +0.036%
- $3.42
- Slippage, 4 orders
- −$660.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$679.36
- Costs to cover
- 6.828%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 30 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, 2 min ago | 15.16 bp | 38.9 bp −$39 | 83.9 bp −$839 | 431.6 bp −$43.2K | 481.1 bp −$240.5K |
| Sell KuCoin live order book, 30 min ago | 9.32 bp | 272.4 bp −$272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POLYX | +0.0100% | 1h | 0.04290 | −0.005% | $57K | $76K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04289 | −0.019% | $11K | $21K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04288 | −0.047% | $1.7M | $2.0M | 50x | as long as short |
| Bybit POLYXUSDT | +0.0100% | 4h | 0.04290 | 0.000% | $1.1M | $346K | 13x | as long as short |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04290 | 0.000% | $142K | $41K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04287 | −0.070% | $368K | $185K | 20x | as long as short |
| KuCoin POLYXUSDTMshort | +0.0100% | 4h | 0.04293 | +0.070% | $316K | $39K | 30x | |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04290 | 0.000% | $458K | $293K | 50x | as long as short |
| BingX POLYX-USDTlong | +0.0100% | 4h | 0.04290 | long leg | — | $2.3M | — | |
| Variational Omni POLYX | +0.0100% | 4h | 0.04289 | −0.035% | $9K | $1 | — | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Bybit POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
Bitget POLYXUSDT
Variational Omni POLYXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POLYX-USD | +0.0104% | 1h | 0.04286 | −0.082% | $5K | $176K | 5x | as long as short |
| BloFin POLYX-USDT | +0.0135% | 4h | 0.04284 | −0.140% | $114K | $18K | 50x | as long as short |
Extended POLYX-USD
BloFin POLYX-USDT