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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid+0.046%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.046% dearer against Hyperliquid than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POLYX0.043190.0100pay 0.0013% / 1h12m 34s$57K$74K3x
ShortBingX POLYX-USDT0.043210.0100get 0.0050% / 4h2h 12m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: +0.046% → 0.000%
$4.63
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$14.37
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid no order-book sample
Sell BingX live order book, 6 min ago16.23 bp40.5 bp −$4074.3 bp −$743458.8 bp −$45.9K546.8 bp −$273.4K
Hyperliquid: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 POLYXlong+0.0100%1h0.04319long leg$57K$74K3x
Aster POLYXUSDT+0.0100%4h0.04320+0.024%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04319+0.004%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04326+0.162%$1.1M$368K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04315−0.093%$141K$35K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.043190.000%$334K$182K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.043190.000%$317K$41K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.043190.000%$463K$302K50xas long as short
BingX POLYX-USDTshort+0.0100%4h0.04321+0.046%$2.3M
Variational Omni POLYX+0.0100%4h0.04323+0.086%$9K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USD+0.0104%1h0.04318−0.021%$2K$162K5xas long as short