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: Bitget against KuCoin0.000%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$721as in the Funding arb table
Net, price: spread back to 7d avg − costs−$692as in the Price arb table
costs, in and out, $10k−$6996.986% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.219%−$22 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now 0.000%, 7d avg −0.068%
Together, before fees−0.467%−$47 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: Bitget is 0.068% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLYXUSDTM0.042710.0100pay 0.0050% / 4h2h 54m$313K$40K30x
ShortBitget POLYXUSDT0.042710.0100get 0.0050% / 4h2h 54m$460K$308K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.068%
$6.8
Slippage, 4 orders
−$674.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$691.83
Costs to cover
6.986%
Break-even
never at this rate
Slippage from KuCoin: live order book, 57 min ago; Bitget: live order book, 6 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, 57 min ago17.53 bp395.3 bp −$395doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago6.99 bp25.2 bp −$25156.6 bp −$1,566doesn'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
BloFin POLYX-USDT+0.0070%4h0.04259−0.281%$112K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04269−0.035%$56K$75K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04278+0.167%$11K$15K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04269−0.055%$1.7M$2.1M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.042710.000%$1.1M$371K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04272+0.023%$141K$34K20xas long as short
MEXC POLYX_USDT+0.0100%4h0.04270−0.023%$329K$175K20xas long as short
KuCoin POLYXUSDTMlong+0.0100%4h0.04271long leg$313K$40K30x
Bitget POLYXUSDTshort+0.0100%4h0.042710.000%$460K$308K50x
Variational Omni POLYX+0.0100%4h0.04270−0.027%$9K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USD+0.0104%1h0.04270−0.016%$708$167K5xas long as short
BingX POLYX-USDT+0.0226%4h0.04270−0.023%$2.3Mas long as short