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

BNB

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Arcus against Polymarket Perps+0.040%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.066%+$7 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.040%, 7d avg +0.100%
Together, before fees−0.014%−$1 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: Arcus 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 +0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD802.180.0100pay 0.0013% / 1h49m 12s$118K$869K10x
ShortArcus BNB-USD802.500.0100get 0.0013% / 1h49m 12s$52K$191K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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: +0.040% → +0.100%
−$5.97
Slippage, 4 orders
−$20.45
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$38.93
Costs to cover
0.330%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 38 min ago; Arcus: live order book, 39 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, 38 min ago2.74 bp6.7 bp −$77.3 bp −$73doesn't fitdoesn't fit
Sell Arcus live order book, 39 min ago5.59 bp9.4 bp −$922.5 bp −$225doesn'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 −0.0195% / S +0.0371%1h802.28+0.013%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.82+0.080%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.112%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.90+0.090%$109K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.33+0.143%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.22+0.004%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.31+0.016%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.003%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0070%8h802.36+0.022%$13.3Mas long as short
Aster BNBUSDT+0.0086%8h802.86+0.085%$6.4M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.226%$608K$898K50xas long as short
Lighter BNB+0.0096%1h802.32+0.017%$2.8M$4.2M20xas long as short
Bybit BNBUSDT+0.0098%8h801.70−0.060%$138.8M$83.5M75xas long as short
Nado BNB-PERP+0.0100%1h801.89−0.036%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.46+0.035%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.10−0.010%$54.9M$115.2M50xas long as short
Arcus BNB-USDshort+0.0100%1h802.50+0.040%$52K$191K10x
Gate BNB_USDT+0.0100%8h801.90−0.035%$35.9M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.11−0.009%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h801.78−0.050%$78.9M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.197%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.32+0.142%$158K$437K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h802.18long leg$118K$869K10x
Orderly PERP_BNB_USDC+0.0100%8h802.21+0.004%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.42+0.030%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.83+0.081%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.30+0.015%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.72+0.067%$1.6M$162K25xas long as short
HTX BNB-USDT+0.0100%8h802.58+0.050%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.90+0.090%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.40+0.152%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h802.78+0.075%$517.8M$807.2M75xas long as short
Extended BNB-USD+0.0104%1h801.82−0.045%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.35+0.021%$385K$40K10xas long as short
Phemex BNBUSDT+0.0123%8h802.78+0.075%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.116%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.158%$649K$11K10xas long as short
Hyperliquid BNB+0.0161%1h802.90+0.090%$51.6M$21.3M10xas long as short
RISEx BNB/USDC+0.0209%1h802.63+0.056%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0216%1h802.35+0.021%$170K$55K10xas long as short
BloFin BNB-USDT+0.0222%8h802.79+0.076%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.79+0.076%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0320%1h802.94+0.095%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h801.97−0.026%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.342%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0671%1h803.50+0.165%$3.0M$5.3M40xas long as short