Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.001%
Price spread now: BloFin against Extended−0.551%54s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1481.485% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.605%+$60 · spread now −0.551%, 7d avg +0.037%
=Together, before fees+0.492%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.588% cheaper against Extended than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POLYX-USD | 0.04319 | 0.0104 | pay 0.0013% / 1h | 30m 24s | $491 | $163K | 5x |
| Short | BloFin POLYX-USDT | 0.04295 | 0.0058 | get 0.0029% / 4h | 30m 24s | $112K | $19K | 50x |
Extended POLYX-USD
BloFin POLYX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- −$9.61
- Price spread: −0.551% → +0.037%
- −$58.77
- Slippage, 4 orders
- −$131.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$216.86
- Costs to cover
- 1.485%
- Break-even
- never at this rate
Slippage from Extended: live order book, 26 min ago; BloFin: live order book, 65 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 Extended live order book, 26 min ago | 3.48 bp | 62.4 bp −$62 | 360.5 bp −$3,605 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 6.98 bp | 28.1 bp −$28 | 61.3 bp −$613 | 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-USDTshort | +0.0058% | 4h | 0.04295 | −0.551% | $112K | $19K | 50x | |
| Hyperliquid POLYX | +0.0100% | 1h | 0.04323 | +0.095% | $59K | $75K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04320 | +0.036% | $10K | $16K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04320 | +0.028% | $1.7M | $2.0M | 50x | as long as short |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04323 | +0.097% | $142K | $33K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04319 | +0.005% | $333K | $163K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04319 | +0.005% | $319K | $38K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04324 | +0.121% | $468K | $307K | 50x | as long as short |
| Extended POLYX-USDlong | +0.0104% | 1h | 0.04319 | long leg | $491 | $163K | 5x | |
| Variational Omni POLYX | +0.0322% | 4h | 0.04320 | +0.034% | $9K | $1 | — | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
Variational Omni POLYXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX POLYX-USDT | +0.0336% | 4h | 0.04322 | +0.074% | — | $2.3M | — | as long as short |
| Bybit POLYXUSDT | +0.0540% | 4h | 0.04329 | +0.236% | $1.1M | $360K | 13x | as long as short |
BingX POLYX-USDT
Bybit POLYXUSDT