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: MEXC against Gate+0.093%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.093%, 7d avg −0.001%
Together, before fees−0.130%−$13 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: MEXC is 0.094% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POLYX_USDT0.042800.0100pay 0.0050% / 4h3h 46m$142K$39K20x
ShortMEXC POLYX_USDT0.042840.0100get 0.0050% / 4h3h 46m$341K$186K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.093% → −0.001%
$9.43
Slippage, 4 orders
−$123.68
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$133.25
Costs to cover
1.427%
Break-even
never at this rate
Slippage from Gate: live order book, 19 min ago; MEXC: live order book, 8 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, 19 min ago8.14 bp70.4 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago2.33 bp10.8 bp −$1149.3 bp −$493108.4 bp −$10.8K225.3 bp −$112.6K

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+0.0052%4h0.042800.000%$114K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04278−0.042%$58K$77K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04286+0.150%$11K$21K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04279−0.023%$1.7M$2.1M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04282+0.047%$1.1M$357K13xas long as short
Gate POLYX_USDTlong+0.0100%4h0.04280long leg$142K$39K20x
MEXC POLYX_USDTshort+0.0100%4h0.04284+0.093%$341K$186K20x
KuCoin POLYXUSDTM+0.0100%4h0.04285+0.117%$314K$41K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.042800.000%$459K$306K50xas long as short
BingX POLYX-USDT+0.0100%4h0.04286+0.140%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni POLYX+0.0100%4h0.04285+0.113%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04282+0.046%$3K$174K5xas long as short