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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.038%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2342.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.038%, 7d avg 0.000%
Together, before fees+0.004%$0 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: Binance is 0.038% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POLYX_USDT0.043020.0100pay 0.0050% / 4h57m 35s$142K$33K20x
ShortBinance POLYXUSDT0.043000.0100get 0.0050% / 4h57m 35s$1.7M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
Price spread: −0.038% → 0.000%
−$3.8
Slippage, 4 orders
−$208.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$237.52
Costs to cover
2.337%
Break-even
never at this rate
Slippage from Gate: live order book, 58 min ago; Binance: live order book, 6 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 Gate live order book, 58 min ago10.44 bp101.6 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.49 bp24.7 bp −$2577.1 bp −$771doesn'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
Hyperliquid POLYX+0.0100%1h0.04303+0.019%$59K$75K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04300−0.038%$10K$16K5xas long as short
Binance POLYXUSDTshort+0.0100%4h0.04300−0.038%$1.7M$2.0M50x
Gate POLYX_USDTlong+0.0100%4h0.04302long leg$142K$33K20x
MEXC POLYX_USDT+0.0100%4h0.04300−0.046%$331K$162K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04301−0.023%$318K$39K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.043020.000%$466K$302K50xas long as short
Extended POLYX-USD+0.0104%1h0.04299−0.071%$3K$162K5xas long as short
Variational Omni POLYX+0.0119%4h0.04310+0.178%$9K$1as long as short
BloFin POLYX-USDT+0.0121%4h0.04299−0.070%$113K$19K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POLYXUSDT+0.0308%4h0.04310+0.186%$1.1M$363K13xas long as short
BingX POLYX-USDT+0.0348%4h0.04306+0.093%$2.3Mas long as short