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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Polymarket Perps+0.100%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.608% 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)−0.147%−$15 · spread now +0.100%, 7d avg +0.079%
Together, before fees−0.123%−$12 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: SunX is 0.021% dearer against Polymarket Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD785.240.0100pay 0.0013% / 1h21m 52s$131K$951K10x
ShortSunX BNB-USDT786.030.0100get 0.0100% / 8h2h 21m$13K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.100% → +0.079%
$2.14
Slippage, 4 orders
−$44.85
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$58.71
Costs to cover
0.608%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 26 min ago; SunX: live order book, 3 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, 26 min ago2.99 bp7.0 bp −$77.0 bp −$70doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago15.07 bp23.6 bp −$2430.7 bp −$307doesn'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 −0.0192% / S +0.0356%1h785.14−0.013%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.08−0.020%$4K$4225xas long as short
StandX BNB-USD0.0000%1h785.20−0.005%$847K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.23−0.001%$9.5M150xas long as short
Aster BNBUSDT+0.0033%8h786.81+0.200%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.528%$19K$789K30xas long as short
BingX BNB-USDC+0.0042%8h785.33+0.011%$13.4Mas long as short
Phemex BNBUSDT+0.0053%8h786.36+0.143%$68.8M$50.5M50xas long as short
MEXC BNB_USDT+0.0057%8h787.00+0.224%$80.4M$12.0M200xas long as short
Binance BNBUSDT+0.0058%8h786.90+0.211%$490.3M$811.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h785.80+0.071%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h784.62−0.079%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h785.80+0.071%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.57+0.042%$264K$489K50xas long as short
Nado BNB-PERP+0.0100%1h784.85−0.050%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.62+0.176%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h785.07−0.022%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.14+0.115%$138.1M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.10+0.110%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h785.20−0.005%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.20+0.122%$36.6M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.70+0.059%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.82+0.074%$76.0M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.28+0.132%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.72−0.193%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h784.31−0.118%$4.1M$75.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.92−0.041%$158K$439K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h785.24long leg$131K$951K10x
Derive BNB-PERP+0.0100%1h785.93+0.087%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h786.03+0.100%$13K$1.5M50x
HTX BNB-USDT+0.0100%8h785.09−0.019%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.15−0.012%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.83+0.076%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h785.75+0.065%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h784.35−0.113%$169K$35K10xas long as short
SoDEX BNB-USD+0.0112%1h785.90+0.084%$386K$993K10xas long as short
Kalshi KXBNBPERP+0.0149%8h785.40+0.020%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0167%1h784.36−0.112%$159K$62K10xas long as short
BloFin BNB-USDT+0.0177%8h785.15−0.011%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0210%8h785.65+0.052%$2.9M$29.2M10xas long as short
01 Exchange BNBUSD+0.0296%1h785.92+0.087%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.18+0.120%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h785.11−0.017%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39+0.020%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h785.35+0.013%$1.1M$903K20xas long as short
Hibachi BNB/USDT-P+0.0520%1h784.71−0.067%$67K$39K12xas long as short