BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Polymarket Perps against Extended−0.033%49s7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.212% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.033%, 7d avg +0.057%

Together, before fees+0.252%+ Points / potential airdropExtended: Active · farm board+$25 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 0.090% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.057%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BNB-USD	788.94	0.0104	pay 0.0013% / 1h	42m 42s	$1.8M	$5.9M	50x
Short	Polymarket Perps BNB-USD	788.68	0.0100	get 0.0013% / 1h	42m 42s	$137K	$944K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$0.84
Price spread: −0.033% → +0.057%: −$8.99
Slippage, 4 orders: −$8.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$31.01
Costs to cover: 0.212%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Polymarket Perps: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 1 min ago	0.25 bp	3.5 bp −$3	4.4 bp −$44	19.1 bp −$1,911	doesn't fit
Sell Polymarket Perps live order book, 20 min ago	2.03 bp	6.0 bp −$6	6.3 bp −$63	14.1 bp −$1,413	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	788.74	−0.026%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.72	−0.028%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.10	+0.020%	$853K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	788.84	−0.013%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.047%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0041%	8h	789.86	+0.117%	$6.2M	$18.7M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.09	+0.019%	$618K	$1.8M	50x	as long as short
BingX BNB-USDC	+0.0055%	8h	788.75	−0.024%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0071%	8h	789.40	+0.058%	$69.1M	$51.0M	50x	as long as short
MEXC BNB_USDT	+0.0073%	8h	790.30	+0.172%	$80.4M	$12.4M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0075%	8h	789.83	+0.113%	$493.9M	$806.7M	75x	as long as short
Variational Omni BNB	+0.0078%	8h	787.81	−0.143%	$4.1M	$4.7M	—	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.23	+0.036%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.53	+0.075%	$2.8M	$3.9M	20x	as long as short
Gate BNB_USDT	+0.0096%	8h	789.15	+0.027%	$35.3M	$56.8M	75x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.95	+0.001%	$265K	$497K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.85	−0.012%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.89	+0.120%	$51.8M	$18.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.64	+0.089%	$1.2M	$909K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.25	+0.039%	$138.8M	$77.4M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.20	+0.033%	$53.5M	$112.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.50	+0.071%	$52K	$130K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.07	+0.016%	$27.7M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.10	+0.020%	$76.9M	$30.0M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.48	+0.068%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.50	−0.056%	$4.1M	$77.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.65	−0.037%	$159K	$439K	50x	as long as short
Polymarket Perps BNB-USDshort	+0.0100%	1h	788.68	−0.033%	$137K	$944K	10x
Derive BNB-PERP	+0.0100%	1h	789.32	+0.048%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.33	+0.050%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.07	+0.016%	$8.1M	$9.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0103%	8h	790.08	+0.144%	$77K	$17K	50x	as long as short
Extended BNB-USDlong	+0.0104%	1h	788.94	long leg	$1.8M	$5.9M	50x
Aevo BNB-PERP	+0.0104%	1h	789.22	+0.035%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	788.34	−0.076%	$169K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0122%	8h	788.59	−0.044%	$2.9M	$28.3M	10x	as long as short
SoDEX BNB-USD	+0.0167%	1h	789.30	+0.046%	$388K	$1.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0183%	8h	789.50	+0.071%	$95K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0193%	8h	789.60	+0.084%	$18.2M	$2.3M	75x	as long as short
dYdX BNB-USD	+0.0239%	1h	788.96	+0.002%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	789.99	+0.133%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.60	−0.043%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	789.68	+0.094%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0373%	1h	788.05	−0.112%	$638K	$13K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0500%	1h	789.68	+0.094%	$1.5M	$152K	25x	as long as short
Hibachi BNB/USDT-P	+0.0576%	1h	788.44	−0.063%	$67K	$38K	12x	as long as short