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: Bitget against Gate0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2792.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now 0.000%, 7d avg +0.003%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POLYX_USDT0.043010.0100pay 0.0050% / 4h1h 47m$141K$34K20x
ShortBitget POLYXUSDT0.043010.0100get 0.0050% / 4h1h 47m$461K$299K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → +0.003%
−$0.27
Slippage, 4 orders
−$252.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$279.46
Costs to cover
2.792%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; Bitget: live order book, 9 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, 8 min ago10.44 bp101.6 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago6.95 bp52.4 bp −$52209.8 bp −$2,098doesn'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+0.0046%4h0.043010.000%$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04296−0.119%$58K$74K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04300−0.028%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04296−0.114%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04302+0.023%$1.1M$356K13xas long as short
Gate POLYX_USDTlong+0.0100%4h0.04301long leg$141K$34K20x
MEXC POLYX_USDT+0.0100%4h0.04298−0.070%$331K$168K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04303+0.047%$318K$39K30xas long as short
Bitget POLYXUSDTshort+0.0100%4h0.043010.000%$461K$299K50x
BingX POLYX-USDT+0.0100%4h0.04299−0.047%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04317+0.376%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04296−0.119%$1K$165K5xas long as short