BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: StandX against Polymarket Perps+0.101%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Polymarket Perps Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.101%, 7d avg +0.056%

Together, before fees−0.275%+ Points / potential airdropStandX: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.045% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.056%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BNB-USD	789.42	0.0100	pay 0.0013% / 1h	49m 50s	$133K	$952K	10x
Short	StandX BNB-USD	790.22	0	get 0.0000% / 1h	49m 50s	$854K	$3.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee StandXbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$21
Price spread: +0.101% → +0.056%: $4.53
Slippage, 4 orders: −$16.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$49.32
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 8 min ago; StandX: live order book, 4 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 Polymarket Perps live order book, 8 min ago	1.58 bp	5.9 bp −$6	6.0 bp −$60	23.4 bp −$2,339	doesn't fit
Sell StandX live order book, 4 min ago	3.79 bp	11.6 bp −$12	14.3 bp −$143	55.6 bp −$5,555	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 −0.0183% / S +0.0348%	1h	789.31	−0.015%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.46	+0.132%	$4K	$42	25x	as long as short
StandX BNB-USDshort	0.0000%	1h	790.22	+0.101%	$854K	$3.2M	30x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.29	−0.016%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.985%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0043%	8h	789.55	+0.016%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0056%	8h	789.02	−0.051%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	790.64	+0.155%	$583K	$1.9M	50x	as long as short
MEXC BNB_USDT	+0.0068%	8h	789.70	+0.035%	$80.1M	$12.2M	200x	as long as short
Binance BNBUSDT	+0.0068%	8h	789.52	+0.012%	$492.6M	$789.9M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0071%	8h	789.95	+0.067%	$69.1M	$50.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.41	−0.001%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.27	−0.019%	$265K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.75	+0.042%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.67	+0.032%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.76	+0.043%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.80	−0.079%	$138.8M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.80	−0.079%	$53.3M	$111.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	+0.023%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.00	−0.053%	$35.4M	$56.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.06	−0.046%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.70	−0.091%	$76.4M	$30.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.49	+0.009%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.11	−0.039%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.98	+0.198%	$4.1M	$74.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.67	+0.158%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USDlong	+0.0100%	1h	789.42	long leg	$133K	$952K	10x
Derive BNB-PERP	+0.0100%	1h	789.37	−0.006%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.90	+0.061%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.40	−0.003%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.95	+0.067%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.05	+0.080%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.49	−0.117%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.32	−0.013%	$379K	$110K	10x	as long as short
dYdX BNB-USD	+0.0108%	1h	789.76	+0.043%	$160K	$64K	10x	as long as short
Phoenix BNB	+0.0117%	1h	790.37	+0.120%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0138%	8h	791.19	+0.224%	$3.0M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0183%	8h	790.30	+0.111%	$113K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0188%	8h	789.97	+0.070%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	789.82	+0.051%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.06	−0.045%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0296%	1h	791.64	+0.281%	$641K	$9K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.74	+0.040%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	788.95	−0.059%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.70	+0.035%	$1.1M	$975K	20x	as long as short
Hibachi BNB/USDT-P	+0.0544%	1h	789.84	+0.054%	$67K	$38K	12x	as long as short