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: KuCoin against Extended+0.135%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$663as in the Funding arb table
Net, price: spread back to 7d avg − costs−$672as in the Price arb table
costs, in and out, $10k−$6756.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.135%, 7d avg +0.102%
Together, before fees+0.220%+ Points / potential airdropExtended: Active · farm board+$22 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: KuCoin is 0.033% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POLYX-USD0.043130.0104pay 0.0013% / 1h5m 01s$2K$162K5x
ShortKuCoin POLYXUSDTM0.043190.0100get 0.0050% / 4h2h 05m$317K$41K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.135% → +0.102%
$3.27
Slippage, 4 orders
−$657.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$672.42
Costs to cover
6.748%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; KuCoin: live order book, 31 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, 61 min ago3.35 bp69.5 bp −$69369.8 bp −$3,698doesn't fitdoesn't fit
Sell KuCoin live order book, 31 min ago15.03 bp265.9 bp −$266doesn't fitdoesn'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%1h0.04314+0.019%$57K$72K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04318+0.109%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04314+0.026%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04319+0.135%$1.1M$366K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04314+0.019%$141K$35K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04315+0.042%$334K$183K20xas long as short
KuCoin POLYXUSDTMshort+0.0100%4h0.04319+0.135%$317K$41K30x
Bitget POLYXUSDT+0.0100%4h0.04318+0.111%$463K$302K50xas long as short
BingX POLYX-USDT+0.0100%4h0.04319+0.135%$2.3Mas long as short
Variational Omni POLYX+0.0100%4h0.04319+0.129%$9K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USDlong+0.0104%1h0.04313long leg$2K$162K5x