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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin−0.093%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$744as in the Price arb table
costs, in and out, $10k−$7427.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.093%, 7d avg −0.071%
Together, before fees−0.134%−$13 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: Gate is 0.022% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLYXUSDTM0.042940.0100pay 0.0050% / 4h32m 57s$316K$39K30x
ShortGate POLYX_USDT0.042900.0100get 0.0050% / 4h32m 57s$142K$41K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.093% → −0.071%
−$2.22
Slippage, 4 orders
−$714.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$743.81
Costs to cover
7.416%
Break-even
never at this rate
Slippage from KuCoin: live order book, 28 min ago; Gate: live order book, 38 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, 28 min ago9.32 bp336.9 bp −$337doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 38 min ago9.38 bp54.7 bp −$55doesn't fitdoesn'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%1h0.04289−0.116%$57K$76K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04290−0.103%$11K$21K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04289−0.116%$1.7M$2.0M50xas long as short
Bybit POLYXUSDT+0.0100%4h0.04289−0.116%$1.1M$346K13xas long as short
Gate POLYX_USDTshort+0.0100%4h0.04290−0.093%$142K$41K20x
MEXC POLYX_USDT+0.0100%4h0.04287−0.163%$368K$185K20xas long as short
KuCoin POLYXUSDTMlong+0.0100%4h0.04294long leg$316K$39K30x
Bitget POLYXUSDT+0.0100%4h0.04290−0.093%$458K$293K50xas long as short
BingX POLYX-USDT+0.0100%4h0.04287−0.163%$2.3Mas long as short
Variational Omni POLYX+0.0100%4h0.04285−0.209%$9K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USD+0.0104%1h0.04286−0.177%$5K$176K5xas long as short
BloFin POLYX-USDT+0.0132%4h0.04287−0.163%$114K$18K50xas long as short