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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Polymarket Perps against StandX−0.086%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.086%, 7d avg −0.054%
Together, before fees+0.250%+ Points / potential airdropStandX: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.032% cheaper against StandX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.054%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD798.740get 0.0000% / 1h5m 39s$863K$2.9M30x
ShortPolymarket Perps BNB-USD798.050.0100get 0.0013% / 1h5m 39s$116K$874K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against StandX. 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
$21
Price spread: −0.086% → −0.054%
−$3.23
Slippage, 4 orders
−$20.66
Fee StandX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$18.89
Costs to cover
0.367%
Break-even
13.3 days
Slippage from StandX: live order book, 3 min ago; Polymarket Perps: live order book, 7 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 StandX live order book, 3 min ago5.19 bp10.5 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 7 min ago2.38 bp7.4 bp −$77.6 bp −$7613.2 bp −$1,315doesn'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 −0.0201% / S +0.0372%1h797.87−0.109%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.55−0.024%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h797.97−0.096%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.60−0.017%$3.0M$27.9M10xas long as short
StandX BNB-USDlong0.0000%1h798.74long leg$863K$2.9M30x
Variational Omni BNB+0.0007%8h797.54−0.150%$4.1M$5.4Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.93−0.101%$9.7M150xas long as short
BingX BNB-USDC+0.0030%8h797.99−0.094%$13.3Mas long as short
Bybit BNBUSDT+0.0037%8h797.70−0.130%$138.4M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.14−0.075%$601K$984K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0078%8h798.41−0.041%$6.2M$19.2M200xas long as short
Lighter BNB+0.0096%1h798.25−0.061%$2.8M$4.1M20xas long as short
Phemex BNBUSDT+0.0098%8h798.44−0.038%$69.8M$50.6M50xas long as short
Binance BNBUSDT+0.0099%8h798.51−0.029%$497.4M$817.9M75xas long as short
Nado BNB-PERP+0.0100%1h797.90−0.105%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.19−0.069%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.80−0.118%$54.3M$112.5M50xas long as short
Arcus BNB-USD+0.0100%1h798.50−0.030%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h797.75−0.124%$35.7M$58.6M75xas long as short
MEXC BNB_USDT+0.0100%8h798.90+0.020%$83.0M$13.6M200xas long as short
KuCoin BNBUSDTM+0.0100%8h797.91−0.104%$27.9M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.85−0.111%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.68−0.007%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.23+0.061%$161K$438K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h798.05−0.086%$116K$874K10x
Orderly PERP_BNB_USDC+0.0100%8h797.78−0.120%$385K$494K50xas long as short
Derive BNB-PERP+0.0100%1h797.97−0.096%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.38−0.045%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.10−0.080%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.27−0.059%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.43−0.039%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.79+0.006%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.69−0.131%$1.7M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h797.98−0.095%$383K$40K10xas long as short
Phoenix BNB+0.0127%1h798.58−0.020%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0148%8h798.80+0.008%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0160%1h798.62−0.015%$70K$43K12xas long as short
Bulk BNB-USD+0.0191%1h798.83+0.011%$649K$17K10xas long as short
BloFin BNB-USDT+0.0221%8h798.81+0.009%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0241%1h798.88+0.018%$52.4M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h798.32−0.053%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h798.79+0.006%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.795%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.57−0.147%$6K$3K40xas long as short
dYdX BNB-USD+0.0333%1h798.04−0.088%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h798.86+0.015%$2.7M$5.7M40xas long as short