Funding arb · Price arb /

POLYX

all POLYX markets

Swap Backtest

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: Variational Omni against BingX−0.027%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX POLYX-USDT	0.04286	0.0100	pay 0.0050% / 4h	3h 44m	—	$2.3M	—
Short	Variational Omni POLYX	0.04285	0.0100	get 0.0050% / 4h	3h 44m	$9K	$1	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BingXbpFee Variational OmnibpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → 0.000%: −$2.72
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.72
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: no order-book sample. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.187%	$114K	$18K	50x	as long as short
Hyperliquid POLYX	+0.0100%	1h	0.04286	+0.002%	$58K	$77K	3x	as long as short
Aster POLYXUSDT	+0.0100%	4h	0.04280	−0.141%	$11K	$21K	5x	as long as short
Binance POLYXUSDT	+0.0100%	4h	0.04276	−0.233%	$1.7M	$2.1M	50x	as long as short
Bybit POLYXUSDT	+0.0100%	4h	0.04288	+0.047%	$1.1M	$358K	13x	as long as short
Gate POLYX_USDT	+0.0100%	4h	0.04278	−0.187%	$142K	$39K	20x	as long as short
MEXC POLYX_USDT	+0.0100%	4h	0.04283	−0.070%	$341K	$186K	20x	as long as short
KuCoin POLYXUSDTM	+0.0100%	4h	0.04279	−0.163%	$313K	$41K	30x	as long as short
Bitget POLYXUSDT	+0.0100%	4h	0.04288	+0.047%	$460K	$305K	50x	as long as short
BingX POLYX-USDTlong	+0.0100%	4h	0.04286	long leg	—	$2.3M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni POLYXshort	+0.0100%	4h	0.04285	−0.027%	$9K	$1	—
Extended POLYX-USD	+0.0104%	1h	0.04281	−0.115%	$3K	$174K	5x	as long as short