Settings8H · net · $10k
Funding arb · Price arb /

POLYX

all POLYX markets
SwapBacktest
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: KuCoin against Bitget−0.047%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$665as in the Funding arb table
Net, price: spread back to 7d avg − costs−$699as in the Price arb table
costs, in and out, $10k−$6876.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.047%, 7d avg +0.068%
Together, before fees+0.513%+$51 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.115% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POLYXUSDT0.042910.0100pay 0.0050% / 4h3h 43m$459K$305K50x
ShortKuCoin POLYXUSDTM0.042890.0100get 0.0050% / 4h3h 43m$314K$41K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: −0.047% → +0.068%
−$11.46
Slippage, 4 orders
−$663.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$698.68
Costs to cover
6.872%
Break-even
never at this rate
Slippage from Bitget: live order book, 23 min ago; KuCoin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 23 min ago5.81 bp21.8 bp −$2297.2 bp −$972doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago17.53 bp249.2 bp −$249doesn't fitdoesn't fitdoesn't fit

POLYX on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin POLYX-USDT+0.0049%4h0.04284−0.163%$113K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04288−0.072%$58K$77K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04287−0.091%$11K$21K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04288−0.074%$1.7M$2.1M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04294+0.070%$1.1M$357K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04282−0.210%$142K$39K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04288−0.070%$341K$186K20xas long as short
KuCoin POLYXUSDTMshort+0.0100%4h0.04289−0.047%$314K$41K30x
Bitget POLYXUSDTlong+0.0100%4h0.04291long leg$459K$305K50x
BingX POLYX-USDT+0.0100%4h0.04289−0.047%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04285−0.144%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04287−0.100%$3K$174K5xas long as short