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 KuCoin−0.184%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5445.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.184%, 7d avg −0.072%
Together, before fees−0.096%−$10 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 0.112% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLYXUSDTM0.043420.0100pay 0.0050% / 4h1h 16m$321K$39K30x
ShortBinance POLYXUSDT0.043340.0100get 0.0050% / 4h1h 16m$1.7M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.184% → −0.072%
−$11.22
Slippage, 4 orders
−$521.92
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$555.14
Costs to cover
5.439%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 2 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 KuCoin live order book, 5 min ago13.87 bp254.6 bp −$255doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.15 bp29.0 bp −$2985.2 bp −$852doesn'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%1h0.04337−0.115%$59K$74K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04326−0.375%$10K$16K5xas long as short
Binance POLYXUSDTshort+0.0100%4h0.04334−0.184%$1.7M$2.0M50x
Gate POLYX_USDT+0.0100%4h0.04329−0.299%$143K$34K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04334−0.184%$334K$170K20xas long as short
KuCoin POLYXUSDTMlong+0.0100%4h0.04342long leg$321K$39K30x
Bitget POLYXUSDT+0.0100%4h0.04334−0.184%$469K$307K50xas long as short
Variational Omni POLYX+0.0100%4h0.04329−0.306%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04333−0.197%$3K$164K5xas long as short
BloFin POLYX-USDT+0.0117%4h0.04330−0.276%$81K$18K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0378%4h0.04337−0.115%$2.3Mas long as short
Bybit POLYXUSDT+0.0408%4h0.043420.000%$1.1M$361K13xas long as short