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Funding arb · Price arb /

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against KuCoin−0.064%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Long on KuCoinShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.164%+$16 · spread now −0.064%, 7d avg +0.013%
Together, before fees+0.173%+$17 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 0.077% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM798.930.0100pay 0.0100% / 8h14m 34s$28.0M$10.2M75x
ShortPolymarket Perps BNB-USD798.420.0100get 0.0013% / 1h14m 34s$116K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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: −0.064% → +0.013%
−$7.73
Slippage, 4 orders
−$14.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$42.4
Costs to cover
0.347%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Polymarket Perps: live order book, 63 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 KuCoin live order book, 4 min ago0.81 bp10.8 bp −$1118.7 bp −$18753.1 bp −$5,311doesn't fit
Sell Polymarket Perps live order book, 63 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%1h798.95+0.002%$47K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.99+0.008%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.69−0.030%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92−0.001%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h799.88+0.119%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.95+0.003%$9.7M—150xas long as short
Variational Omni BNB+0.0010%8h798.73−0.025%$4.1M$5.3M—as long as short
BingX BNB-USDT+0.0033%8h798.78−0.019%—$34.8M—as long as short
Bybit BNBUSDT+0.0041%8h798.20−0.091%$138.6M$76.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.77−0.020%$604K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0086%8h799.33+0.050%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h799.00+0.009%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.20−0.091%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.90−0.004%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.30−0.079%$54.3M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.00+0.009%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.45−0.060%$35.8M$58.4M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h798.93long leg$28.0M$10.2M75x
Bitget BNBUSDT+0.0100%8h798.51−0.053%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.06+0.017%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.035%$161K$438K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h798.42−0.064%$116K$875K10x
Orderly PERP_BNB_USDC+0.0100%8h798.83−0.013%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.97+0.006%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.73+0.100%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00+0.009%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.25+0.040%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.98+0.007%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.41+0.060%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.25−0.085%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.98+0.006%$384K$40K10xas long as short
Phemex BNBUSDT+0.0105%8h799.42+0.061%$69.9M$50.7M50xas long as short
MEXC BNB_USDT+0.0106%8h799.60+0.084%$83.1M$13.6M200xas long as short
Binance BNBUSDT+0.0106%8h799.01+0.010%$497.8M$818.6M75xas long as short
Phoenix BNB+0.0127%1h799.34+0.051%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0138%8h799.40+0.059%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0168%1h799.22+0.036%$70K$43K12xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.056%$649K$17K10xas long as short
Hyperliquid BNB+0.0220%1h799.58+0.081%$52.4M$21.2M10xas long as short
BloFin BNB-USDT+0.0226%8h799.47+0.068%$18.1M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h798.71−0.027%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0280%1h799.24+0.039%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.771%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.07−0.107%$6K$3K40xas long as short
dYdX BNB-USD+0.0344%1h798.70−0.029%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0351%1h799.30+0.046%$2.7M$5.7M40xas long as short