POLYX funding rates

POLYX perpetual funding across 9 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 04:36 UTC · refreshed every 5 min

Best pair · 7d: 33.3%long Aster, short Variational · net 31.3%
Highest funding now: 10.9%Hyperliquid
Lowest funding now: −74.0%Aster
Listed on: 9 venues

Funding by venue

													Open
Hyperliquid	POLYX	10.9%	8.5%	10.4%	−8.5%	10.8%	98%	1h	—	0.04131	$54k	$76k	HyHyperliquid
BybitCEX	POLYXUSDT	10.9%	9.0%	10.8%	−20.6%	11.1%	97%	4h	08:00	0.04143	$758k	$175k	ByBybit
BitgetCEX	POLYXUSDT	10.9%	10.1%	10.0%	−13.4%	10.0%	95%	4h	08:00	0.04136	$355k	$105k	BgBitget
Variational	POLYX	10.9%	10.9%	14.8%	−15.3%	15.4%	98%	4h	—	0.04129	$9k	$4k	VaVariational
GateCEX	POLYX_USDT	1.1%	6.1%	3.3%	−21.0%	2.9%	85%	4h	08:00	0.04133	$69k	$21k	GtGate
BinanceCEX	POLYXUSDT	−11.2%	5.8%	5.6%	−16.1%	5.6%	88%	4h	08:00	0.04137	$1.6M	$848k	BnBinance
Extended	POLYX-USD	−12.3%	6.0%	6.1%	−16.5%	6.1%	85%	1h	05:00	0.04122	$915	$116k	ExExtended
MEXCCEX	POLYX_USDT	−12.5%	6.4%	5.6%	−13.6%	5.4%	88%	4h	08:00	0.04128	$283k	$132k	MxMEXC
Aster	POLYXUSDT	−74.0%	−52.2%	−18.6%	−32.5%	−12.9%	45%	4h	08:00	0.04127	$6k	$34	AsAster

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
Aster	Variational	85.0%	63.1%	33.3%	17.2%	31.3%	46.9%	0.9d	steady	$6k	low OIspread not incl.	As Va	calc
Aster	Hyperliquid	85.0%	60.7%	29.0%	24.0%	24.6%	36.8%	2.1d	steady	$6k	low OI4h/1h	As Hy	calc
Aster	BybitCEX	85.0%	61.1%	29.3%	11.9%	24.4%	36.6%	2.4d	steady	$6k	low OI	As By	calc
Aster	BitgetCEX	85.0%	62.3%	28.6%	19.1%	23.4%	35.0%	2.6d	steady	$6k	low OI	As Bg	calc
Aster	Extended	61.8%	58.2%	24.6%	16.0%	21.3%	31.9%	1.9d	spike ×3.1	$915	low OI4h/1h	As Ex	calc
Aster	MEXCCEX	61.5%	58.6%	24.1%	18.9%	21.0%	31.5%	1.8d	spike ×3.2	$6k	low OI	As Mx	calc
Aster	BinanceCEX	62.8%	58.0%	24.2%	21.2%	19.5%	29.2%	2.7d	spike ×3.1	$6k	low OI	As Bn	calc
MEXCCEX	Variational	23.4%	4.5%	9.2%	−1.7%	8.2%	12.2%	1.6d	steady	$9k	low OIspread not incl.	Mx Va	calc
Aster	GateCEX	75.1%	58.3%	21.9%	11.5%	15.9%	23.9%	3.8d	spike ×3.7	$6k	low OI	As Gt	calc
GateCEX	Variational	9.9%	4.8%	11.4%	5.7%	7.5%	11.3%	4.8d	steady	$9k	low OIspread not incl.	Gt Va	calc
BinanceCEX	Variational	22.2%	5.1%	9.2%	−2.4%	6.5%	9.8%	4.0d	steady	$9k	low OIspread not incl.	Bn Va	calc
Extended	Variational	23.2%	5.0%	8.7%	1.2%	7.4%	11.1%	2.1d	steady	$915	low OI1h/4hspread not incl.	Ex Va	calc
MEXCCEX	Hyperliquid	23.4%	2.1%	4.9%	5.1%	1.5%	2.2%	9.8d	steady	$54k	4h/1h	Mx Hy	calc
MEXCCEX	BybitCEX	23.4%	2.5%	5.2%	−7.1%	1.3%	1.9%	11d	steady	$283k		Mx By	calc
Hyperliquid	Variational	0.0%	2.4%	4.3%	−6.8%	2.0%	3.0%	7.6d	weak	$9k	low OI1h/4hspread not incl.	Hy Va	calc
GateCEX	Hyperliquid	9.9%	2.4%	7.1%	12.5%	0.8%	1.3%	12d	steady	$54k	4h/1h	Gt Hy	calc
BitgetCEX	Variational	0.0%	0.8%	4.8%	−1.9%	1.6%	2.5%	9.2d	cooling	$9k	low OIspread not incl.	Bg Va	calc
GateCEX	BybitCEX	9.9%	2.8%	7.4%	0.4%	0.7%	1.0%	13d	steady	$69k		Gt By	calc
BybitCEX	Variational	0.0%	2.0%	4.0%	5.3%	1.1%	1.7%	10d	weak	$9k	low OIspread not incl.	By Va	calc
MEXCCEX	BitgetCEX	23.4%	3.7%	4.4%	0.2%	0.3%	0.4%	13d	weak	$283k		Mx Bg	calc
Extended	Hyperliquid	23.2%	2.5%	4.4%	8.0%	0.7%	1.1%	12d	mixed	$915	low OI	Ex Hy	calc
Extended	BybitCEX	23.2%	3.0%	4.7%	−4.1%	0.5%	0.8%	12d	mixed	$915	low OI1h/4h	Ex By	calc
BinanceCEX	Hyperliquid	22.2%	2.7%	4.8%	5.4%	−0.1%	−0.2%	14d	steady	$54k	4h/1h	Bn Hy	calc
BinanceCEX	BybitCEX	22.2%	3.1%	5.1%	−8.1%	−0.3%	−0.5%	15d	steady	$758k		Bn By	calc
GateCEX	BitgetCEX	9.9%	4.0%	6.7%	7.7%	−0.4%	−0.6%	15d	steady	$69k		Gt Bg	calc
BinanceCEX	BitgetCEX	22.2%	4.3%	4.4%	0.0%	−1.4%	−2.0%	18d	weak	$355k		Bn Bg	calc
Extended	BitgetCEX	23.2%	4.1%	3.9%	3.1%	−0.5%	−0.8%	16d	mixed	$915	low OI1h/4h	Ex Bg	calc
GateCEX	MEXCCEX	−13.6%	0.3%	2.2%	7.5%	−2.7%	−4.1%	31d	weak	$69k		Gt Mx	calc
MEXCCEX	BinanceCEX	1.3%	−0.6%	0.1%	0.2%	−3.6%	−5.4%	941d	weak	$283k		Mx Bn	calc
MEXCCEX	Extended	0.2%	−0.4%	0.5%	−2.9%	−1.8%	−2.8%	65d	weak	$915	low OI4h/1h	Mx Ex	calc
GateCEX	BinanceCEX	−12.3%	−0.3%	2.3%	8.5%	−4.2%	−6.3%	40d	weak	$69k		Gt Bn	calc
Hyperliquid	BybitCEX	0.0%	0.4%	0.3%	−12.1%	−4.9%	−7.3%	218d	weak	$54k	1h/4h	Hy By	calc
GateCEX	Extended	−13.4%	−0.2%	2.7%	4.5%	−2.5%	−3.7%	27d	weak	$915	low OI4h/1h	Gt Ex	calc
BitgetCEX	Hyperliquid	0.0%	−1.6%	0.4%	4.9%	−5.0%	−7.6%	179d	weak	$54k	4h/1h	Bg Hy	calc
BitgetCEX	BybitCEX	0.0%	−1.2%	0.8%	−7.3%	−5.2%	−7.9%	110d	weak	$355k		Bg By	calc
BinanceCEX	Extended	−1.0%	0.2%	0.5%	−3.5%	−3.5%	−5.2%	121d	weak	$915	low OI4h/1h	Bn Ex	calc
MEXCCEX	GateCEX	13.6%	−0.3%	−2.2%	−7.5%	−7.2%	−10.8%	—	weak	$69k		Mx Gt	calc
BinanceCEX	GateCEX	12.3%	0.3%	−2.3%	−8.5%	−8.8%	−13.2%	—	weak	$69k		Bn Gt	calc
Extended	BinanceCEX	1.0%	−0.2%	−0.5%	3.5%	−4.4%	−6.5%	—	mixed	$915	low OI1h/4h	Ex Bn	calc
Extended	GateCEX	13.4%	0.2%	−2.7%	−4.5%	−8.0%	−11.9%	—	mixed	$915	low OI1h/4h	Ex Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:36 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 0.0412196, sell on Bybit at 0.04143: 0.509% before fees, 0.349% after taker fees.

POLYX: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bybit0.04143	Binance0.0413714	Bitget0.04136	Gate0.04133	Hyperliquid0.041309	Variational0.0412944	MEXC0.04128	Aster0.0412679	Extended0.0412196
Extended0.0412196	0.509%	0.368%	0.340%	0.268%	0.217%	0.181%	0.147%	0.117%	—
Aster0.0412679	0.392%	0.251%	0.223%	0.150%	0.100%	0.064%	0.029%	—	−0.117%
MEXC0.04128	0.363%	0.221%	0.194%	0.121%	0.070%	0.035%	—	−0.029%	−0.147%
Variational0.0412944	0.328%	0.186%	0.159%	0.086%	0.035%	—	−0.035%	−0.064%	−0.181%
Hyperliquid0.041309	0.292%	0.151%	0.123%	0.051%	—	−0.035%	−0.070%	−0.100%	−0.217%
Gate0.04133	0.242%	0.100%	0.073%	—	−0.051%	−0.086%	−0.121%	−0.150%	−0.268%
Bitget0.04136	0.169%	0.028%	—	−0.073%	−0.123%	−0.159%	−0.194%	−0.223%	−0.340%
Binance0.0413714	0.141%	—	−0.028%	−0.100%	−0.151%	−0.186%	−0.221%	−0.251%	−0.368%
Bybit0.04143	—	−0.141%	−0.169%	−0.242%	−0.292%	−0.328%	−0.363%	−0.392%	−0.509%

All quotes (9)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.0412679	0.0412679	mark	9m	$34	no FX
BinanceCEX	0.0413714	0.0413714	mark	9m	$848k	no FX
BitgetCEX	0.04136	0.04136	mark	9m	$105k	no FX
BybitCEX	0.04143	0.04143	mark	9m	$175k	no FX
Extended	0.0412196	0.0412196	mark	9m	$116k
GateCEX	0.04133	0.04133	mark	9m	$21k	no FX
Hyperliquid	0.041309	0.041309	mark	9m	$76k
MEXCCEX	0.04128	0.04128	mark	9m	$132k	no FX
Variational	0.0412944	0.0412944	mark	9m	$4k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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