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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.072%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2302.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.072%, 7d avg +0.032%
Together, before fees+0.296%+ Points / potential airdropExtended: Active · farm board+$30 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: Gate is 0.104% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POLYX-USD0.042810.0104pay 0.0013% / 1h44m 47s$3K$174K5x
ShortGate POLYX_USDT0.042780.0100get 0.0050% / 4h3h 44m$142K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.072% → +0.032%
−$10.39
Slippage, 4 orders
−$209.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$241.03
Costs to cover
2.298%
Break-even
never at this rate
Slippage from Extended: live order book, 26 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 26 min ago3.85 bp53.4 bp −$53343.4 bp −$3,434doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago8.14 bp49.5 bp −$49doesn't fitdoesn't fitdoesn't fit

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
BloFin POLYX-USDT+0.0080%4h0.04278−0.072%$114K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04286+0.117%$58K$77K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04280−0.026%$11K$21K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04276−0.118%$1.7M$2.1M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04288+0.162%$1.1M$358K13xas long as short
Gate POLYX_USDTshort+0.0100%4h0.04278−0.072%$142K$39K20x
MEXC POLYX_USDT+0.0100%4h0.04283+0.045%$341K$186K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04279−0.049%$313K$41K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04288+0.162%$460K$305K50xas long as short
BingX POLYX-USDT+0.0100%4h0.04286+0.115%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04285+0.088%$9K$1as long as short
Extended POLYX-USDlong+0.0104%1h0.04281long leg$3K$174K5x