Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Extended+0.036%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.142%+$14 · spread now +0.036%, 7d avg +0.058%
=Together, before fees+0.137%+ Points / potential airdropExtended: Active · farm board+$14 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 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 804.39 | 0.0104 | pay 0.0013% / 1h | 8m 14s | $1.9M | $5.9M | 50x |
| Short | Polymarket Perps BNB-USD | 804.68 | 0.0100 | get 0.0013% / 1h | 8m 14s | $116K | $873K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.036% → +0.058%
- −$2.13
- Slippage, 4 orders
- −$7.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.71
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Polymarket Perps: live order book, 15 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 Extended live order book, 6 min ago | 0.06 bp | 3.7 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 15 min ago | 2.54 bp | 6.6 bp −$7 | 6.8 bp −$68 | 14.0 bp −$1,396 | doesn't fit |
BNB on 46 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 −0.0195% / S +0.0371% | 1h | 804.69 | +0.038% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.20 | +0.101% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.45 | +0.132% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.30 | +0.114% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.74 | +0.044% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.74 | +0.044% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.87 | +0.060% | $2.5M | $919K | 50x | as long as short |
| Variational Omni BNB | +0.0049% | 8h | 804.63 | +0.030% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0055% | 8h | 804.82 | +0.054% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0080% | 8h | 804.40 | +0.002% | $139.6M | $81.7M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 805.15 | +0.095% | $608K | $881K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.99 | +0.075% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0098% | 8h | 805.41 | +0.127% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.31 | −0.009% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.83 | +0.055% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.60 | +0.026% | $55.2M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.10 | +0.089% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.60 | +0.026% | $36.1M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.58 | +0.024% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.30 | −0.011% | $79.0M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.53 | +0.142% | $4.2M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.72 | +0.166% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USDshort | +0.0100% | 1h | 804.68 | +0.036% | $116K | $873K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.72 | +0.041% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.96 | +0.071% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.41 | +0.128% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.25 | +0.108% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.90 | +0.064% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.32 | +0.117% | $79K | $19K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 804.39 | long leg | $1.9M | $5.9M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 804.83 | +0.055% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0115% | 8h | 805.60 | +0.151% | $84.6M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0115% | 8h | 805.39 | +0.125% | $520.3M | $805.9M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 805.62 | +0.153% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0137% | 8h | 805.38 | +0.123% | $70.3M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0194% | 1h | 804.80 | +0.051% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0207% | 1h | 805.33 | +0.117% | $51.8M | $22.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.01 | +0.077% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0235% | 8h | 805.33 | +0.117% | $18.9M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0238% | 1h | 804.86 | +0.059% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 805.29 | +0.112% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.122% | $651K | $14K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.49 | +0.013% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.64 | +0.156% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | +0.063% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 805.86 | +0.183% | $3.0M | $5.5M | 40x | as long as short |
Extended BNB-USD
Polymarket Perps BNB-USD
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP