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−0.0003%/8h= −0.4% APRpaid last 24h −0.011%
Price spread now: Polymarket Perps against Aster−0.037%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.037%, 7d avg −0.081%
Together, before fees+0.113%+ Points / potential airdropAster: Stage 5 · farm board+$11 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: Polymarket Perps is 0.044% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT802.590.0103pay 0.0103% / 8h42m 46s$6.4M$19.0M200x
ShortPolymarket Perps BNB-USD802.290.0100get 0.0013% / 1h42m 46s$117K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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
−$0.72
Price spread: −0.037% → −0.081%
$4.35
Slippage, 4 orders
−$5.09
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$17.46
Costs to cover
0.211%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Polymarket Perps: live order book, 35 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 Aster live order book, 1 min ago0.06 bp4.2 bp −$45.6 bp −$5619.6 bp −$1,959doesn't fit
Sell Polymarket Perps live order book, 35 min ago2.06 bp6.1 bp −$67.7 bp −$7713.5 bp −$1,350doesn'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%1h802.28−0.038%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.95+0.045%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.85−0.092%$2.6M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.47+0.109%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h803.81+0.152%$869K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.33−0.032%$9.8M150xas long as short
Variational Omni BNB+0.0027%8h802.45−0.017%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h802.36−0.029%$13.3Mas long as short
Bybit BNBUSDT+0.0060%8h801.50−0.136%$139.1M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.233%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.32−0.034%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.10−0.061%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.98+0.049%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.50−0.136%$54.6M$113.5M50xas long as short
Arcus BNB-USD+0.0100%1h802.90+0.039%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h801.80−0.098%$35.9M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.94−0.081%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.62−0.121%$79.5M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.59+0.125%$4.2M$77.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.34+0.093%$162K$442K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h802.29−0.037%$117K$875K10x
Orderly PERP_BNB_USDC+0.0100%8h802.21−0.047%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.43−0.020%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.28+0.086%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.20−0.049%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h802.26−0.041%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.22+0.079%$78K$19K50xas long as short
Aster BNBUSDTlong+0.0103%8h802.59long leg$6.4M$19.0M200x
Extended BNB-USD+0.0104%1h801.57−0.127%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h802.20−0.049%$385K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h802.62+0.004%$70.2M$50.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h802.70+0.014%$110K$2.9M4.8xas long as short
Binance BNBUSDT+0.0125%8h802.40−0.024%$501.8M$817.3M75xas long as short
MEXC BNB_USDT+0.0125%8h802.80+0.026%$83.5M$13.5M200xas long as short
Phoenix BNB+0.0127%1h803.09+0.062%$173K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.54−0.007%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0224%1h803.19+0.075%$71K$43K12xas long as short
Hyperliquid BNB+0.0226%1h802.56−0.004%$52.0M$21.4M10xas long as short
BloFin BNB-USDT+0.0245%8h802.88+0.036%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h802.68+0.011%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.311%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.123%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h801.98−0.076%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h803.12+0.066%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0367%1h802.77+0.022%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0448%1h802.89+0.037%$162K$62K10xas long as short