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: MEXC against KuCoin+0.069%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$504as in the Price arb table
costs, in and out, $10k−$5185.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.069%, 7d avg −0.072%
Together, before fees−0.296%−$30 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: MEXC is 0.141% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POLYXUSDTM0.043230.0100pay 0.0050% / 4h1h 13m$319K$39K30x
ShortMEXC POLYX_USDT0.043260.0100get 0.0050% / 4h1h 13m$333K$170K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.069% → −0.072%
$14.14
Slippage, 4 orders
−$501.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$503.66
Costs to cover
5.178%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 32 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, 8 min ago13.87 bp254.6 bp −$255doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 32 min ago4.65 bp13.5 bp −$1454.2 bp −$542103.9 bp −$10.4Kdoesn'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+0.0053%4h0.04327+0.093%$81K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04331+0.183%$58K$74K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04318−0.109%$10K$16K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04326+0.069%$1.7M$2.0M50xas long as short
Gate POLYX_USDT+0.0100%4h0.04324+0.023%$143K$34K20xas long as short
MEXC POLYX_USDTshort+0.0100%4h0.04326+0.069%$333K$170K20x
KuCoin POLYXUSDTMlong+0.0100%4h0.04323long leg$319K$39K30x
Bitget POLYXUSDT+0.0100%4h0.04325+0.046%$469K$308K50xas long as short
Variational Omni POLYX+0.0100%4h0.04342+0.443%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04325+0.041%$3K$164K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0378%4h0.04329+0.139%$2.3Mas long as short
Bybit POLYXUSDT+0.0422%4h0.04333+0.231%$1.1M$362K13xas long as short