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: Gate against Bybit−0.233%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2512.514% of the position
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.233%, 7d avg −0.116%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.118% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLYXUSDT | 0.04288 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.1M | $358K | 13x |
| Short | Gate POLYX_USDT | 0.04278 | 0.0100 | get 0.0050% / 4h | 3h 44m | $142K | $39K | 20x |
Bybit POLYXUSDT
Gate POLYX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.233% → −0.116%
- −$11.76
- Slippage, 4 orders
- −$225.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$263.16
- Costs to cover
- 2.514%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 21 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 Bybit live order book, 1 min ago | 3.50 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 8.14 bp | 49.5 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POLYX-USDT | +0.0080% | 4h | 0.04278 | −0.233% | $114K | $18K | 50x | as long as short |
| Hyperliquid POLYX | +0.0100% | 1h | 0.04286 | −0.044% | $58K | $77K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04280 | −0.188% | $11K | $21K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04276 | −0.279% | $1.7M | $2.1M | 50x | as long as short |
| Bybit POLYXUSDTlong | +0.0100% | 4h | 0.04288 | long leg | $1.1M | $358K | 13x | |
| Gate POLYX_USDTshort | +0.0100% | 4h | 0.04278 | −0.233% | $142K | $39K | 20x | |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04283 | −0.117% | $341K | $186K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04279 | −0.210% | $313K | $41K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04288 | 0.000% | $460K | $305K | 50x | as long as short |
| BingX POLYX-USDT | +0.0100% | 4h | 0.04286 | −0.047% | — | $2.3M | — | as long as short |
BloFin POLYX-USDT
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
BingX POLYX-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni POLYX | +0.0100% | 4h | 0.04285 | −0.074% | $9K | $1 | — | as long as short |
| Extended POLYX-USD | +0.0104% | 1h | 0.04281 | −0.161% | $3K | $174K | 5x | as long as short |
Variational Omni POLYX
Extended POLYX-USD