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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Polymarket Perps+0.009%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.009%, 7d avg +0.068%
Together, before fees+0.102%+$10 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: ApeX Omni is 0.060% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD789.250.0100pay 0.0013% / 1h58m 47s$131K$952K10x
ShortApeX Omni BNBUSDT789.320.0100get 0.0013% / 1h58m 47s$159K$440K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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
Price spread: +0.009% → +0.068%
−$5.95
Slippage, 4 orders
−$16.23
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.18
Costs to cover
0.342%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 59 min ago; ApeX Omni: live order book, 59 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 Polymarket Perps live order book, 59 min ago1.58 bp5.9 bp −$66.0 bp −$6023.4 bp −$2,339doesn't fit
Sell ApeX Omni live order book, 59 min ago5.18 bp11.1 bp −$1134.0 bp −$340doesn't fitdoesn'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 −0.0190% / S +0.0354%1h788.99−0.033%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h788.99−0.033%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h789.56+0.039%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.65+0.051%$852K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.08−0.022%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.007%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h789.37+0.015%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0046%8h788.93−0.041%$13.4Mas long as short
Phemex BNBUSDT+0.0057%8h789.54+0.037%$69.0M$50.3M50xas long as short
MEXC BNB_USDT+0.0058%8h789.60+0.044%$80.1M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0058%8h789.30+0.006%$492.8M$793.1M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h789.35+0.013%$580K$1.9M50xas long as short
Lighter BNB+0.0096%1h789.09−0.020%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.99−0.033%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h789.05−0.025%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.33+0.010%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.38+0.017%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.80−0.057%$138.8M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60−0.082%$53.4M$111.4M50xas long as short
Arcus BNB-USD+0.0100%1h789.40+0.019%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h788.65−0.076%$35.5M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.61−0.081%$28.1M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h788.46−0.100%$76.3M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.29+0.005%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.11−0.017%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h789.79+0.068%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h789.32+0.009%$159K$440K50x
Polymarket Perps BNB-USDlong+0.0100%1h789.25long leg$131K$952K10x
Derive BNB-PERP+0.0100%1h789.05−0.025%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.54+0.037%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.10−0.019%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.250.000%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h789.56+0.040%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.43−0.104%$1.9M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h789.03−0.028%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.250.000%$170K$34K10xas long as short
GRVT BNB_USDT_Perp+0.0157%8h789.58+0.042%$2.9M$28.5M10xas long as short
dYdX BNB-USD+0.0164%1h789.250.000%$160K$64K10xas long as short
Kalshi KXBNBPERP+0.0178%8h789.50+0.032%$134K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0178%8h789.86+0.077%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0216%1h788.57−0.086%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0288%1h790.01+0.096%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.41+0.020%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.90−0.044%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0360%1h789.68+0.054%$67K$38K12xas long as short
RISEx BNB/USDC+0.0431%1h789.46+0.026%$1.1M$902K20xas long as short