Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Polymarket Perps+0.004%7-day average +0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.004%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 787.16 | 0.0100 | pay 0.0013% / 1h | 12m 15s | $132K | $955K | 10x |
| Short | Orderly PERP_BNB_USDC | 787.19 | 0.0100 | get 0.0100% / 8h | 3h 12m | $265K | $492K | 50x |
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.01
- Price spread: +0.004% → +0.034%
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.01
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 41 min ago; Orderly: no order-book sample. Net counts fees only.
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 Polymarket Perps live order book, 41 min ago | 2.60 bp | 8.0 bp −$8 | 8.4 bp −$84 | 24.8 bp −$2,479 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 786.96 | −0.025% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.18 | +0.003% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.80 | +0.081% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 788.10 | +0.119% | $124K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.28 | +0.142% | $850K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.09 | −0.009% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0022% | 8h | 787.62 | +0.058% | $6.1M | $18.8M | 200x | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 787.29 | +0.017% | — | $22.3M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.278% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0039% | 8h | 787.70 | +0.069% | $68.9M | $50.7M | 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-USDT
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_USDT | +0.0041% | 8h | 788.20 | +0.132% | $79.9M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0041% | 8h | 787.90 | +0.093% | $491.0M | $802.5M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.107% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0081% | 1h | 787.24 | +0.010% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.074% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.34 | +0.023% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 787.19 | +0.004% | $265K | $492K | 50x | |
| Nado BNB-PERP | +0.0100% | 1h | 787.30 | +0.018% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.71 | +0.070% | $51.7M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.72 | +0.072% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.20 | +0.005% | $138.4M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.20 | +0.005% | $53.4M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.70 | +0.069% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.15 | −0.001% | $36.1M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.13 | −0.004% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.01 | −0.019% | $76.2M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.68 | +0.066% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.31 | +0.019% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.93 | +0.097% | $4.1M | $74.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.81 | +0.083% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 787.16 | long leg | $132K | $955K | 10x | |
| Derive BNB-PERP | +0.0100% | 1h | 787.25 | +0.011% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.80 | +0.081% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.40 | +0.030% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.36 | +0.026% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.82 | +0.084% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.83 | −0.042% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.25 | +0.011% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 787.91 | +0.095% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0177% | 8h | 788.09 | +0.118% | $2.9M | $28.7M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.63 | +0.060% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.092% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.99 | +0.105% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 786.95 | −0.026% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0424% | 1h | 787.58 | +0.054% | $67K | $39K | 12x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 787.72 | +0.071% | $1.1M | $894K | 20x | as long as short |
MEXC BNB_USDT
Binance BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
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
Hibachi BNB/USDT-P
RISEx BNB/USDC