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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0189%/8h= −20.7% APRnext payment $0.95 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit−0.194%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.194% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POLYXUSDT0.043250.0289pay 0.0144% / 4h1h 22m$1.1M$355K13x
ShortVariational Omni POLYX0.043170.0100get 0.0050% / 4h1h 22m$9K$1

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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
−$39.69
Price spread: −0.194% → 0.000%
−$19.39
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$70.08
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago5.79 bp55.8 bp −$56983.3 bp −$9,833doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid POLYX+0.0100%1h0.04323−0.055%$59K$73K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04308−0.393%$10K$16K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04321−0.092%$1.7M$2.0M50xas long as short
Gate POLYX_USDT+0.0100%4h0.04308−0.393%$142K$34K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04322−0.069%$333K$170K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04316−0.208%$319K$39K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04319−0.139%$468K$306K50xas long as short
Variational Omni POLYXshort+0.0100%4h0.04317−0.194%$9K$1
Extended POLYX-USD+0.0104%1h0.04318−0.166%$3K$164K5xas long as short
BloFin POLYX-USDT+0.0121%4h0.04310−0.347%$112K$18K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0203%4h0.04319−0.139%$2.3Mas long as short
Bybit POLYXUSDTlong+0.0289%4h0.04325long leg$1.1M$355K13x