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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Hyperliquid−0.037%7-day average · you buy dearer than you sell
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−0.279%−$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POLYX0.043200.0100pay 0.0013% / 1h12m 30s$57K$74K3x
ShortExtended POLYX-USD0.043180.0104get 0.0013% / 1h12m 30s$2K$162K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.037% → 0.000%
−$3.72
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.88
Costs to cover
0.140%
Break-even
147.7 days
Slippage unknown: Hyperliquid: no order-book sample; Extended: live order book, 54 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 Extended live order book, 54 min ago3.35 bp67.2 bp −$67398.1 bp −$3,981doesn't fitdoesn't fit
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%1h0.04320long leg$57K$74K3x
Aster POLYXUSDT+0.0100%4h0.04320+0.010%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04319−0.006%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04326+0.146%$1.1M$368K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04315−0.109%$141K$35K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04319−0.016%$334K$182K20xas long as short
KuCoin POLYXUSDTM+0.0100%4h0.04319−0.016%$317K$41K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04319−0.016%$463K$302K50xas long as short
BingX POLYX-USDT+0.0100%4h0.04322+0.053%$2.3Mas long as short
Variational Omni POLYX+0.0100%4h0.04323+0.069%$9K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USDshort+0.0104%1h0.04318−0.037%$2K$162K5x