POLYX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Bitget−0.462%95s7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1381.383% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)+0.588%+$59 · spread now −0.462%, 7d avg +0.002%

Together, before fees+0.741%+$74 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.464% cheaper against Bitget than usual: you would sell low and buy high (spread −0.462% now, against its 7-day average of +0.002%). If the spread goes back, that is −$46 on $10k: about 5 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.153% in total) that is about 21 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget POLYXUSDT	0.04330	0.0100	pay 0.0050% / 4h	1h 19m	$468K	$306K	50x
Short	BloFin POLYX-USDT	0.04310	0.0110	get 0.0055% / 4h	1h 19m	$112K	$18K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.462%Rate

Funding earned: $2.07
Price spread: −0.462% → +0.002%: −$46.39
Slippage, 4 orders: −$114.34
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$182.66
Costs to cover: 1.383%
Break-even: 625.4 days

Slippage from Bitget: live order book, 36 min ago; BloFin: live order book, 16 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 Bitget live order book, 36 min ago	6.95 bp	42.2 bp −$42	224.7 bp −$2,247	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	6.98 bp	28.1 bp −$28	61.3 bp −$613	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	0.04328	−0.037%	$59K	$74K	3x	as long as short
Aster POLYXUSDT	+0.0100%	4h	0.04318	−0.274%	$10K	$16K	5x	as long as short
Binance POLYXUSDT	+0.0100%	4h	0.04328	−0.052%	$1.7M	$2.0M	50x	as long as short
Gate POLYX_USDT	+0.0100%	4h	0.04316	−0.323%	$142K	$34K	20x	as long as short
MEXC POLYX_USDT	+0.0100%	4h	0.04327	−0.069%	$334K	$170K	20x	as long as short
KuCoin POLYXUSDTM	+0.0100%	4h	0.04334	+0.092%	$320K	$39K	30x	as long as short
Bitget POLYXUSDTlong	+0.0100%	4h	0.04330	long leg	$468K	$306K	50x
Variational Omni POLYX	+0.0100%	4h	0.04329	−0.030%	$9K	$1	—	as long as short
Extended POLYX-USD	+0.0104%	1h	0.04327	−0.060%	$3K	$164K	5x	as long as short
BloFin POLYX-USDTshort	+0.0110%	4h	0.04310	−0.462%	$112K	$18K	50x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX POLYX-USDT	+0.0214%	4h	0.04329	−0.023%	—	$2.3M	—	as long as short
Bybit POLYXUSDT	+0.0379%	4h	0.04337	+0.162%	$1.1M	$357K	13x	as long as short