Funding you earn now, next payment 02:00 UTC+0.0229%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.066%
Price spread now: Reya against Polymarket Perps−0.063%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.063% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 22 hours of funding at the current rate (+$7 a day). The two prices were read 59 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 | Polymarket Perps BNB-USD | 795.60 | 0.0100 | pay 0.0013% / 1h | 26m 36s | $111K | $886K | 10x |
| Short | Reya BNBRUSDPERP | 795.10 | 0.0329 | get 0.0041% / 1h | 26m 36s | $6K | $3K | 40x |
Polymarket Perps BNB-USD
Reya BNBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $48.02
- Price spread: −0.063% → 0.000%
- −$6.26
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $27.76
- Costs to cover
- 0.140%
- Break-even
- 3.0 days
Slippage unknown: Polymarket Perps: live order book, 41 min ago; Reya: 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 | 2.88 bp | 6.9 bp −$7 | 7.8 bp −$78 | 16.3 bp −$1,631 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 45 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 | 795.24 | −0.046% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0131% | 1h | 794.95 | −0.081% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 795.77 | +0.021% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 796.20 | +0.075% | $860K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 795.29 | −0.039% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0025% | 8h | 793.33 | −0.286% | $4.1M | $4.9M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.193% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0038% | 8h | 796.01 | +0.051% | $6.1M | $19.7M | 200x | as long as short |
| Phemex BNBUSDT | +0.0044% | 8h | 795.63 | +0.004% | $69.6M | $50.8M | 50x | as long as short |
| Gate BNB_USDT | +0.0047% | 8h | 795.40 | −0.025% | $35.4M | $56.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Injective BNB/USDC PERP
Aster BNBUSDT
Phemex BNBUSDT
Gate BNB_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BNB-USDC | +0.0048% | 8h | 795.77 | +0.021% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 791.17 | −0.557% | $607K | $1.1M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0059% | 8h | 795.02 | −0.073% | $3.0M | $28.4M | 10x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 796.15 | +0.069% | $495.4M | $810.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 796.20 | +0.075% | $82.6M | $12.8M | 200x | as long as short |
| dYdX BNB-USD | +0.0067% | 1h | 795.36 | −0.030% | $161K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 795.15 | −0.057% | $171K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 795.54 | −0.008% | $2.8M | $4.0M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 795.14 | −0.058% | $384K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 795.05 | −0.069% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 795.88 | +0.035% | $52.1M | $19.8M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 795.63 | +0.003% | $1.2M | $925K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 795.58 | −0.003% | $139.1M | $75.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 795.50 | −0.013% | $53.3M | $110.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 795.70 | +0.013% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 795.04 | −0.070% | $27.7M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 795.32 | −0.035% | $77.5M | $28.2M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 795.11 | −0.062% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 794.74 | −0.108% | $160K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 795.60 | long leg | $111K | $886K | 10x | |
| Derive BNB-PERP | +0.0100% | 1h | 795.36 | −0.030% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 795.80 | +0.025% | $12K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 795.20 | −0.050% | $391K | $996K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 794.97 | −0.079% | $8.2M | $8.8M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 795.87 | +0.034% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 795.18 | −0.053% | $1.7M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 795.25 | −0.044% | $382K | $110K | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 795.91 | +0.038% | $1.1M | $1.1M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0159% | 8h | 795.60 | 0.000% | $112K | $2.7M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0195% | 1h | 795.93 | +0.041% | $644K | $16K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 796.17 | +0.072% | $28K | $2K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 795.67 | +0.008% | $1.6M | $160K | 25x | as long as short |
| Reya BNBRUSDPERPshort | +0.0329% | 1h | 795.10 | −0.063% | $6K | $3K | 40x | |
| Backpack BNB_USDC_PERP | +0.0391% | 1h | 795.85 | +0.031% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 795.00 | −0.075% | $68K | $38K | 12x | as long as short |
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
GRVT BNB_USDT_Perp
Binance BNBUSDT
MEXC BNB_USDT
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
KuCoin BNBUSDTM
Bitget BNBUSDT
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
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Backpack BNB_USDC_PERP
Hibachi BNB/USDT-P