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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.011%
Price spread now: Polymarket Perps against Aster−0.047%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.047%, 7d avg −0.081%
Together, before fees+0.123%+ Points / potential airdropAster: Stage 5 · farm board+$12 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: Polymarket Perps is 0.033% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT800.640.0096pay 0.0096% / 8h34m 58s$6.3M$19.0M200x
ShortPolymarket Perps BNB-USD800.260.0100get 0.0013% / 1h34m 58s$117K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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
$0.79
Price spread: −0.047% → −0.081%
$3.35
Slippage, 4 orders
−$5.09
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$16.95
Costs to cover
0.211%
Break-even
158.1 days
Slippage from Aster: live order book, 4 min ago; Polymarket Perps: live order book, 43 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 Aster live order book, 4 min ago0.13 bp4.2 bp −$46.2 bp −$6219.7 bp −$1,966doesn't fit
Sell Polymarket Perps live order book, 43 min ago2.06 bp6.1 bp −$67.7 bp −$7713.5 bp −$1,350doesn't fit

BNB on 46 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
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h800.20−0.055%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.76+0.015%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.99−0.081%$2.6M$968K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99+0.044%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h801.23+0.074%$866K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.10−0.067%$9.8M150xas long as short
Variational Omni BNB+0.0021%8h799.96−0.085%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0045%8h800.01−0.079%$34.8Mas long as short
Bybit BNBUSDT+0.0052%8h799.70−0.117%$138.8M$78.4M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72+0.010%$607K$994K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h800.28−0.045%$2.8M$4.1M20xas long as short
Aster BNBUSDTlong+0.0096%8h800.64long leg$6.3M$19.0M200x
Nado BNB-PERP+0.0100%1h799.83−0.101%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.60−0.005%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.70−0.117%$54.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h800.80+0.020%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.80−0.105%$35.8M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.84−0.100%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.78−0.107%$79.3M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h801.06+0.053%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h801.03+0.049%$161K$442K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h800.26−0.047%$117K$875K10x
Orderly PERP_BNB_USDC+0.0100%8h800.02−0.077%$387K$497K50xas long as short
Derive BNB-PERP+0.0100%1h800.24−0.050%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.00+0.046%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.20−0.055%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.40−0.030%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.96+0.040%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.51−0.141%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h800.17−0.059%$384K$40K10xas long as short
Phemex BNBUSDT+0.0113%8h800.56−0.010%$70.0M$50.8M50xas long as short
Kalshi KXBNBPERP+0.0116%8h801.10+0.057%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0118%8h801.00+0.045%$83.2M$13.5M200xas long as short
Binance BNBUSDT+0.0118%8h800.54−0.013%$500.0M$816.2M75xas long as short
Phoenix BNB+0.0127%1h800.81+0.021%$172K$36K10xas long as short
Hyperliquid BNB+0.0192%1h800.72+0.010%$51.9M$21.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.41−0.029%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0208%1h800.60−0.005%$70K$44K12xas long as short
BloFin BNB-USDT+0.0238%8h800.74+0.012%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h800.65+0.002%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0305%1h801.82+0.147%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.556%$19K$789K30xas long as short
01 Exchange BNBUSD+0.0320%1h801.08+0.055%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.71−0.116%$6K$3K40xas long as short
dYdX BNB-USD+0.0408%1h800.76+0.015%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0415%1h800.90+0.032%$2.7M$5.7M40xas long as short