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POLYX — funding rate on Bybit
Bybit · POLYXUSDT+0.002%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.002%• unchanged
2:09:18settlement
0calmheat
Price (mark)
0.03039
+2.7% 24h
Vol 24h
$191K
Open interest
$634K
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.004%/h
Price and skew
Event life curvePRO · open for now
Across 8 closed events of this pair: a typical one lives 1h 50m, the peak usually lands at minute 25–30
median across 8 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 2 of 8 cases
median — 0.17% accrued against a 3.44% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.05 · $0.01/hour
- Net snipe per settlement
- $-3.95 = 0.002% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.01×needs 0.160%+ per settlement
- Liquidation price
- 0.036316 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (5)
before cut-off · 5m · the snipe window (5)
avg+0.36% | -0.57%
max-1.36%
after · 5m
avg+0.19% | -0.88%
max-1.94%
before cut-off · 15m
avg+0.70% | -0.81%
max-1.34%
after · 15m
avg+0.90% | -1.27%
max-1.97%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 25.10 16:00 | -0.205% | -0.35% | +0.44% |
| 25.10 12:00 | -1.415% | +0.77% | -1.97% |
| 15.09 04:00 | -0.247% | -0.72% | -0.58% |
| 14.09 04:00 | -0.411% | -1.34% | +1.51% |
| 13.09 16:00 | -0.503% | +0.62% | +0.75% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 5 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 546 settlements
POLYX on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | -0.026% / 4h | -0.007%/h | longs | -0.134% |
| Bitget | -0.016% / 4h | -0.004%/h | longs | -0.144% |
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bybit ← you are here | +0.002% / 4h | +0.001%/h | shorts | -0.158% |
Binance-0.007%/h
longsrate -0.026% / 4hsnipe -0.134%
Bitget-0.004%/h
longsrate -0.016% / 4hsnipe -0.144%
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bybit← you are here+0.001%/h
shortsrate +0.002% / 4hsnipe -0.158%
Max spread across exchanges: +0.008%/h
POLYX across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 4hBinanceevery 4hBitgetevery 4hHyperliquidevery 1hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0023%/h
widest spread
0.0177%/h
09.11 05:00 UTC · Bybit ↔ Binance
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.