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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC−0.0434%/8h= −47.6% APRnext payment −$0.54 per $10,000 · paid last 24h −0.123%
Price spread now: GMX against Polymarket Perps+0.053%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Polymarket PerpsShort on GMX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. GMX is 0.053% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD800.130.0100pay 0.0013% / 1h25m 20s$115K$880K10x
ShortGMX BNB/USD [WBTC.b-USDC]800.55L −0.0159% / S +0.0334%pay 0.0042% / 1h25m 20s$48K—200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$91.24
Price spread: +0.053% → 0.000%
$5.29
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$105.96
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 48 min ago; GMX: no order-book sample. Net counts fees only.

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, 48 min ago2.38 bp6.8 bp −$77.6 bp −$7613.8 bp −$1,383doesn't fit
Sell GMX no order-book sample—————
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]shortL −0.0159% / S +0.0334%1h800.55+0.053%$48K—200x
Kraken Futures PF_BNBUSD−0.0120%1h800.52+0.049%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h800.30+0.021%$4K$23925xas long as short
BingX BNB-USDC−0.0024%8h800.30+0.021%—$13.4M—as long as short
Bybit BNBUSDT−0.0005%8h800.40+0.034%$139.0M$75.7M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.53−0.075%$3.0M$27.5M10xas long as short
StandX BNB-USD0.0000%1h799.70−0.054%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h800.95+0.102%$70.0M$50.1M50xas long as short
Variational Omni BNB+0.0003%8h799.72−0.051%$4.1M$5.2M—as long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.56+0.054%$9.8M—150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.620%$19K$789K30xas long as short
Gate BNB_USDT+0.0039%8h800.40+0.034%$35.8M$56.5M75xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h800.80+0.084%$617K$1.1M50xas long as short
Aster BNBUSDT+0.0059%8h800.83+0.087%$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.0081%8h801.10+0.121%$497.1M$811.8M75xas long as short
MEXC BNB_USDT+0.0081%8h801.00+0.109%$83.3M$13.6M200xas long as short
Lighter BNB+0.0096%1h800.90+0.096%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h800.45+0.040%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h800.00−0.016%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.50+0.046%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.50+0.046%$54.3M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h800.40+0.034%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.98−0.019%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h800.21+0.010%$78.9M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h799.40−0.091%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.54−0.074%$161K$435K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h800.13long leg$115K$880K10x
Orderly PERP_BNB_USDC+0.0100%8h800.52+0.049%$387K$459K50xas long as short
Derive BNB-PERP+0.0100%1h800.77+0.080%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.26+0.141%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.80+0.084%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.35+0.028%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.81+0.085%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h800.32+0.024%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h800.73+0.075%$385K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28−0.107%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h800.22+0.012%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h801.30+0.146%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0201%8h801.17+0.130%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0208%1h800.60+0.059%$28K$1K10xas long as short
dYdX BNB-USD+0.0215%1h800.07−0.007%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0216%1h800.70+0.071%$69K$38K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.15+0.127%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0305%1h800.90+0.096%$53.2M$20.7M10xas long as short
Reya BNBRUSDPERP+0.0330%1h799.71−0.053%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0393%1h800.89+0.095%$2.7M$5.7M40xas long as short