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

POLYX

all POLYX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.122%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.193%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.122% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POLYX_USDT0.042760.0100pay 0.0050% / 4h3h 09m$332K$159K20x
ShortHyperliquid POLYX0.042810.0100get 0.0013% / 1h9m 12s$56K$80K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.122% → 0.000%
$12.16
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$0.84
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 26 min ago; Hyperliquid: no order-book sample. Net counts fees only.

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, 26 min ago3.49 bp9.9 bp −$1043.7 bp −$43793.2 bp −$9,317195.2 bp −$97.6K
Sell Hyperliquid no order-book sample
Hyperliquid: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.0050%4h0.04282+0.140%$110K$19K50xas long as short
Hyperliquid POLYXshort+0.0100%1h0.04281+0.122%$56K$80K3x
Aster POLYXUSDT+0.0100%4h0.04277+0.034%$10K$16K5xas long as short
Binance POLYXUSDT+0.0100%4h0.042760.000%$1.7M$2.0M50xas long as short
Gate POLYX_USDT+0.0100%4h0.04283+0.164%$142K$35K20xas long as short
MEXC POLYX_USDTlong+0.0100%4h0.04276long leg$332K$159K20x
KuCoin POLYXUSDTM+0.0100%4h0.04281+0.117%$315K$36K30xas long as short
Bitget POLYXUSDT+0.0100%4h0.04272−0.094%$463K$334K50xas long as short
Extended POLYX-USD+0.0104%1h0.04273−0.075%$3K$149K5xas long as short
Variational Omni POLYX+0.0714%4h0.04292+0.367%$9K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0788%4h0.04277+0.023%$2.3Mas long as short
Bybit POLYXUSDT+0.1180%4h0.04278+0.047%$1.1M$362K13xas long as short