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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0021%/8h= −2.4% APRpaid last 24h −0.002%
Price spread now: Hyperliquid against BloFin+0.209%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.314%+$31 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.209% dearer against BloFin than usual: you sell high and buy low (spread +0.209% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 7 days funding on this pair paid +0.314%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin POLYX-USDT0.043100.0121pay 0.0061% / 4h1h 22m$112K$18K50x
ShortHyperliquid POLYX0.043190.0100get 0.0013% / 1h22m 40s$59K$73K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$4.51
Price spread: +0.209% → 0.000%
$20.88
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$4.63
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 13 min ago; Hyperliquid: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 13 min ago6.98 bp15.6 bp −$1649.3 bp −$493doesn't fitdoesn't fit
Sell Hyperliquid no order-book sample
Hyperliquid: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POLYXshort+0.0100%1h0.04319+0.209%$59K$73K3x
Aster POLYXUSDT+0.0100%4h0.04308−0.046%$10K$16K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04318+0.182%$1.7M$2.0M50xas long as short
Gate POLYX_USDT+0.0100%4h0.04308−0.046%$142K$34K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04317+0.162%$333K$169K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04316+0.139%$319K$39K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04319+0.209%$468K$306K50xas long as short
Variational Omni POLYX+0.0100%4h0.04317+0.153%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04316+0.135%$3K$164K5xas long as short
BloFin POLYX-USDTlong+0.0121%4h0.04310long leg$112K$18K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0203%4h0.04319+0.209%$2.3Mas long as short
Bybit POLYXUSDT+0.0289%4h0.04322+0.278%$1.1M$355K13xas long as short