Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against KuCoin−0.023%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$656as in the Price arb table
costs, in and out, $10k−$6576.566% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.023%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLYXUSDTM | 0.04261 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $314K | $37K | 30x |
| Short | BingX POLYX-USDT | 0.04260 | 0.0100 | get 0.0050% / 4h | 3h 39m | — | $2.3M | — |
KuCoin POLYXUSDTM
BingX POLYX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.023% → −0.033%
- $1
- Slippage, 4 orders
- −$634.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$655.6
- Costs to cover
- 6.566%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; BingX: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 53 min ago | 14.08 bp | 363.3 bp −$363 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 16.42 bp | 42.6 bp −$43 | 86.4 bp −$864 | 442.0 bp −$44.2K | 511.7 bp −$255.8K |
POLYX on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POLYX | +0.0100% | 1h | 0.04259 | −0.047% | $55K | $86K | 3x | as long as short |
| Aster POLYXUSDT | +0.0100% | 4h | 0.04259 | −0.053% | $10K | $15K | 5x | as long as short |
| Binance POLYXUSDT | +0.0100% | 4h | 0.04260 | −0.023% | $1.7M | $2.1M | 50x | as long as short |
| Bybit POLYXUSDT | +0.0100% | 4h | 0.04262 | +0.023% | $1.1M | $348K | 13x | as long as short |
| Gate POLYX_USDT | +0.0100% | 4h | 0.04260 | −0.023% | $137K | $39K | 20x | as long as short |
| MEXC POLYX_USDT | +0.0100% | 4h | 0.04259 | −0.047% | $324K | $146K | 20x | as long as short |
| KuCoin POLYXUSDTMlong | +0.0100% | 4h | 0.04261 | long leg | $314K | $37K | 30x | |
| Bitget POLYXUSDT | +0.0100% | 4h | 0.04261 | 0.000% | $452K | $361K | 50x | as long as short |
| BingX POLYX-USDTshort | +0.0100% | 4h | 0.04260 | −0.023% | — | $2.3M | — | |
| Extended POLYX-USD | +0.0104% | 1h | 0.04259 | −0.050% | $162 | $206K | 5x | as long as short |
Hyperliquid POLYX
Aster POLYXUSDT
Binance POLYXUSDT
Bybit POLYXUSDT
Gate POLYX_USDT
MEXC POLYX_USDT
Bitget POLYXUSDT
Extended POLYX-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin POLYX-USDT | +0.0145% | 4h | 0.04254 | −0.164% | $107K | $21K | 50x | as long as short |
| Variational Omni POLYX | +0.0323% | 4h | 0.04262 | +0.019% | $9K | $863 | — | as long as short |
BloFin POLYX-USDT
Variational Omni POLYX