BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0255%/8h= −27.9% APRnext payment −$0.32 per $10,000 · paid last 24h −0.041%

Price spread now: Polymarket Perps against RISEx−0.067%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$210.212% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.067%, 7d avg −0.024%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Polymarket Perps is 0.043% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	788.46	0.0355	pay 0.0044% / 1h	8m 15s	$1.1M	$890K	20x
Short	Polymarket Perps BNB-USD	787.93	0.0100	get 0.0013% / 1h	8m 15s	$130K	$917K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.067%Rate

Funding earned: −$53.45
Price spread: −0.067% → −0.024%: −$4.34
Slippage, 4 orders: −$7.2
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$78.99
Costs to cover: 0.212%
Break-even: never at this rate

Slippage from RISEx: live order book, just now; Polymarket Perps: live order book, 10 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 RISEx live order book, just now	0.44 bp	3.4 bp −$3	7.7 bp −$77	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 10 min ago	1.90 bp	5.9 bp −$6	7.3 bp −$73	doesn't fit	doesn't fit

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 −0.0166% / S +0.0336%	1h	787.73	−0.092%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.62	+0.020%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	787.58	−0.112%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	789.12	+0.084%	$3.0M	$26.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	788.82	+0.046%	$851K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.25	−0.027%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0013%	8h	788.12	−0.043%	$6.0M	$17.8M	200x	as long as short
BingX BNB-USDC	+0.0027%	8h	788.29	−0.022%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0031%	8h	788.16	−0.038%	$485.3M	$799.3M	75x	as long as short
MEXC BNB_USDT	+0.0032%	8h	789.50	+0.132%	$83.0M	$12.4M	200x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.109%	$19K	$789K	30x	as long as short
Lighter BNB	+0.0096%	1h	787.81	−0.083%	$2.7M	$3.7M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.15	−0.039%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.67	+0.027%	$51.8M	$17.3M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.52	+0.008%	$1.2M	$936K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.50	−0.122%	$138.8M	$71.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.109%	$53.7M	$108.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.40	−0.008%	$52K	$124K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.95	−0.065%	$39.9M	$56.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.02	−0.056%	$27.9M	$9.7M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.28	−0.150%	$75.7M	$32.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.80	+0.043%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.32	−0.018%	$4.3M	$5.0M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.97	+0.065%	$4.1M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.10	−0.046%	$159K	$439K	50x	as long as short
Polymarket Perps BNB-USDshort	+0.0100%	1h	787.93	−0.067%	$130K	$917K	10x
Orderly PERP_BNB_USDC	+0.0100%	8h	787.76	−0.089%	$265K	$304K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.64	+0.023%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.90	−0.071%	$387K	$939K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.41	−0.006%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.52	+0.008%	$88K	$47K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.30	−0.147%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.68	−0.098%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0105%	8h	788.30	−0.020%	$161K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	788.70	+0.030%	$551K	$2.0M	50x	as long as short
Phoenix BNB	+0.0120%	1h	788.61	+0.019%	$158K	$38K	10x	as long as short
BloFin BNB-USDT	+0.0129%	8h	788.81	+0.044%	$17.7M	$2.3M	75x	as long as short
Phemex BNBUSDT	+0.0136%	8h	788.30	−0.020%	$68.6M	$51.4M	50x	as long as short
Bulk BNB-USD	+0.0150%	1h	788.74	+0.035%	$639K	$0	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.09	−0.047%	$1.5M	$138K	25x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	788.55	+0.011%	$28K	$3K	10x	as long as short
dYdX BNB-USD	+0.0257%	1h	788.17	−0.037%	$158K	$63K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	787.70	−0.096%	$6K	$3K	40x	as long as short
RISEx BNB/USDClong	+0.0355%	1h	788.46	long leg	$1.1M	$890K	20x
Hibachi BNB/USDT-P	+0.0416%	1h	788.32	−0.017%	$67K	$39K	12x	as long as short