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: KuCoin against MEXC−0.092%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$534as 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)+0.269%+$27 · spread now −0.092%, 7d avg +0.072%
Together, before fees+0.319%+$32 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: KuCoin is 0.164% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POLYX_USDT0.043270.0100pay 0.0050% / 4h1h 13m$334K$170K20x
ShortKuCoin POLYXUSDTM0.043230.0100get 0.0050% / 4h1h 13m$319K$39K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.092% → +0.072%
−$16.45
Slippage, 4 orders
−$501.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$534.25
Costs to cover
5.178%
Break-even
never at this rate
Slippage from MEXC: live order book, 32 min ago; KuCoin: live order book, 8 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, 32 min ago4.65 bp12.4 bp −$1256.5 bp −$56597.8 bp −$9,775doesn't fit
Sell KuCoin live order book, 8 min ago13.87 bp237.3 bp −$237doesn'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
BloFin POLYX-USDT+0.0054%4h0.04318−0.208%$81K$18K50xas long as short
Hyperliquid POLYX+0.0100%1h0.04331+0.090%$58K$74K3xas long as short
Aster POLYXUSDT+0.0100%4h0.04318−0.202%$10K$16K5xas long as short
Binance POLYXUSDT+0.0100%4h0.04322−0.116%$1.7M$2.0M50xas long as short
Gate POLYX_USDT+0.0100%4h0.04324−0.069%$143K$34K20xas long as short
MEXC POLYX_USDTlong+0.0100%4h0.04327long leg$334K$170K20x
KuCoin POLYXUSDTMshort+0.0100%4h0.04323−0.092%$319K$39K30x
Bitget POLYXUSDT+0.0100%4h0.04325−0.046%$469K$308K50xas long as short
Variational Omni POLYX+0.0100%4h0.04342+0.350%$9K$1as long as short
Extended POLYX-USD+0.0104%1h0.04324−0.072%$3K$164K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POLYX-USDT+0.0378%4h0.04329+0.046%$2.3Mas long as short
Bybit POLYXUSDT+0.0422%4h0.04333+0.139%$1.1M$362K13xas long as short