Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.190%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2652.648% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.190%, 7d avg +0.146%
=Together, before fees−0.136%+ Points / potential airdropExtended: Active · farm board−$14 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: Bybit is 0.044% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POLYX-USD | 0.04317 | 0.0104 | pay 0.0013% / 1h | 11m 36s | $2K | $162K | 5x |
| Short | Bybit POLYXUSDT | 0.04325 | 0.0100 | get 0.0050% / 4h | 2h 11m | $1.1M | $368K | 13x |
Extended POLYX-USD
Bybit POLYXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.84
- Price spread: +0.190% → +0.146%
- $4.39
- Slippage, 4 orders
- −$248.85
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$261.3
- Costs to cover
- 2.648%
- Break-even
- never at this rate
Slippage from Extended: live order book, 55 min ago; Bybit: live order book, 4 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, 55 min ago | 3.35 bp | 69.5 bp −$69 | 369.8 bp −$3,698 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.47 bp | 64.5 bp −$64 | 405.2 bp −$4,052 | doesn't fit | doesn't fit |
POLYX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POLYX | +0.0100% | 1h | 0.04319 | +0.060% | $57K | $74K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04320 | +0.083% | $11K | $15K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04319 | +0.051% | $1.7M | $2.0M | 50x | as long as short |
| Bybit POLYXUSDTshort | +0.0100% | 4h | 0.04325 | +0.190% | $1.1M | $368K | 13x | |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04319 | +0.051% | $142K | $35K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04320 | +0.074% | $334K | $182K | 20x | as long as short |
| KuCoin POLYXUSDTM | +0.0100% | 4h | 0.04327 | +0.237% | $318K | $41K | 30x | as long as short |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04319 | +0.051% | $463K | $302K | 50x | as long as short |
| BingX POLYX-USDT | +0.0100% | 4h | 0.04321 | +0.098% | — | $2.3M | — | as long as short |
| Variational Omni POLYX | +0.0100% | 4h | 0.04323 | +0.137% | $9K | $1 | — | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
KuCoin POLYXUSDTM
Bitget POLYXUSDT
BingX POLYX-USDT
Variational Omni POLYXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POLYX-USDlong | +0.0104% | 1h | 0.04317 | long leg | $2K | $162K | 5x |