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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.001%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1911.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.001%, 7d avg +0.034%
Together, before fees−0.124%+ Points / potential airdropExtended: Active · farm board−$12 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: Bitget is 0.035% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POLYX-USD0.043190.0104pay 0.0013% / 1h12m 16s$2K$162K5x
ShortBitget POLYXUSDT0.043190.0100get 0.0050% / 4h2h 12m$463K$302K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: −0.001% → +0.034%
−$3.52
Slippage, 4 orders
−$173.77
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$195.13
Costs to cover
1.908%
Break-even
never at this rate
Slippage from Extended: live order book, 54 min ago; Bitget: live order book, 49 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 Extended live order book, 54 min ago3.35 bp69.5 bp −$69369.8 bp −$3,698doesn't fitdoesn't fit
Sell Bitget live order book, 49 min ago6.99 bp25.2 bp −$25156.6 bp −$1,566doesn't fitdoesn't fit

POLYX on 11 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%1h0.04320+0.015%$57K$74K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04320+0.028%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04321+0.039%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04326+0.161%$1.1M$368K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04315−0.094%$141K$35K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04319−0.001%$334K$182K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04319−0.001%$317K$41K30xas long as short
Bitget POLYXUSDTshort+0.0100%4h0.04319−0.001%$463K$302K50x
BingX POLYX-USDT+0.0100%4h0.04322+0.068%$2.3Mas long as short
Variational Omni POLYX+0.0100%4h0.04323+0.084%$9K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USDlong+0.0104%1h0.04319long leg$2K$162K5x