Funding you earn now, next payment 05:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.002%
Price spread now: Polymarket Perps against MEXC−0.095%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.095%, 7d avg −0.171%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.076% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.171%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BNB_USDT | 786.60 | 0.0041 | pay 0.0041% / 8h | 3h 09m | $79.7M | $12.1M | 200x |
| Short | Polymarket Perps BNB-USD | 785.85 | 0.0100 | get 0.0013% / 1h | 9m 27s | $131K | $956K | 10x |
MEXC BNB_USDT
Polymarket Perps BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.39
- Price spread: −0.095% → −0.171%
- $7.59
- Slippage, 4 orders
- −$9.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$1.69
- Costs to cover
- 0.217%
- Break-even
- 8.0 days
Slippage from MEXC: live order book, 5 min ago; Polymarket Perps: live order book, 44 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 MEXC live order book, 5 min ago | 0.63 bp | 3.9 bp −$4 | 10.3 bp −$103 | 26.2 bp −$2,620 | 42.8 bp −$21.4K |
| Sell Polymarket Perps live order book, 44 min ago | 2.60 bp | 6.6 bp −$7 | 6.8 bp −$68 | doesn't fit | 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 −0.0192% / S +0.0356% | 1h | 785.53 | −0.136% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0125% | 1h | 786.43 | −0.021% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.35 | +0.095% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.70 | +0.013% | $123K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.52 | +0.117% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.63 | −0.123% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0021% | 8h | 786.22 | −0.049% | $6.1M | $18.8M | 200x | as long as short |
| BingX BNB-USDC | +0.0033% | 8h | 785.73 | −0.111% | — | $13.4M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.351% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0040% | 8h | 786.90 | +0.038% | $68.8M | $50.8M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDC
Injective BNB/USDC PERP
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDTlong | +0.0041% | 8h | 786.60 | long leg | $79.7M | $12.1M | 200x | |
| Binance BNBUSDT | +0.0041% | 8h | 786.17 | −0.055% | $489.4M | $803.8M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.178% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0078% | 1h | 785.90 | −0.089% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.145% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.45 | −0.020% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.58 | −0.130% | $264K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | −0.044% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.36 | −0.031% | $51.6M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.29 | −0.039% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.42 | −0.150% | $138.0M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.40 | −0.153% | $53.3M | $111.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | −0.064% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.60 | −0.127% | $36.1M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.48 | −0.142% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.37 | −0.156% | $76.0M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.82 | +0.028% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.051% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.146% | $4.1M | $74.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.52 | +0.117% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USDshort | +0.0100% | 1h | 785.85 | −0.095% | $131K | $956K | 10x | |
| Derive BNB-PERP | +0.0100% | 1h | 785.63 | −0.124% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.36 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.50 | −0.013% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.24 | +0.081% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.76 | +0.020% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.49 | −0.141% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.61 | −0.125% | $377K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 787.93 | +0.169% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0178% | 8h | 787.99 | +0.177% | $2.9M | $28.7M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.69 | +0.011% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.163% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.38 | −0.028% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 785.40 | −0.153% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.13 | −0.059% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 786.29 | −0.039% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P