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 MEXC−0.032%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.032%, 7d avg 0.000%
Together, before fees+0.025%+$2 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 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POLYX_USDT0.042700.0100pay 0.0050% / 4h2h 54m$329K$175K20x
ShortBinance POLYXUSDT0.042690.0100get 0.0050% / 4h2h 54m$1.7M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: −0.032% → 0.000%
−$3.2
Slippage, 4 orders
−$61.39
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$78.59
Costs to cover
0.754%
Break-even
never at this rate
Slippage from MEXC: live order book, 61 min ago; Binance: live order book, 10 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 MEXC live order book, 61 min ago2.33 bp11.9 bp −$1251.1 bp −$511107.9 bp −$10.8Kdoesn't fit
Sell Binance live order book, 10 min ago1.15 bp25.6 bp −$2673.9 bp −$739doesn'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%4h0.04259−0.258%$112K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04269−0.012%$56K$75K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04278+0.190%$11K$15K5xas long as short
Binance POLYXUSDTshort+0.0100%4h0.04269−0.032%$1.7M$2.1M50x
Bybit POLYXUSDT+0.0100%4h0.04271+0.023%$1.1M$371K13xas long as short
Gate POLYX_USDT+0.0100%4h0.04272+0.047%$141K$34K20xas long as short
MEXC POLYX_USDTlong+0.0100%4h0.04270long leg$329K$175K20x
KuCoin POLYXUSDTM+0.0100%4h0.04271+0.023%$313K$40K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04271+0.023%$460K$308K50xas long as short
Variational Omni POLYX+0.0100%4h0.04270−0.004%$9K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended POLYX-USD+0.0104%1h0.04270+0.007%$708$167K5xas long as short
BingX POLYX-USDT+0.0226%4h0.042700.000%$2.3Mas long as short