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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD804.390.0104pay 0.0013% / 1h8m 14s$1.9M$5.9M50x
ShortPolymarket Perps BNB-USD804.680.0100get 0.0013% / 1h8m 14s$116K$873K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago0.06 bp3.7 bp −$45.6 bp −$56doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 15 min ago2.54 bp6.6 bp −$76.8 bp −$6814.0 bp −$1,396doesn'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 −0.0195% / S +0.0371%1h804.69+0.038%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.20+0.101%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.45+0.132%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.30+0.114%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.74+0.044%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.74+0.044%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.87+0.060%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63+0.030%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0055%8h804.82+0.054%$34.5Mas long as short
Bybit BNBUSDT+0.0080%8h804.40+0.002%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15+0.095%$608K$881K50xas long as short
Lighter BNB+0.0096%1h804.99+0.075%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h805.41+0.127%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h804.31−0.009%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.83+0.055%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.60+0.026%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.10+0.089%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.60+0.026%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.58+0.024%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.30−0.011%$79.0M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.53+0.142%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.72+0.166%$159K$436K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h804.68+0.036%$116K$873K10x
Orderly PERP_BNB_USDC+0.0100%8h804.72+0.041%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.96+0.071%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.41+0.128%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.25+0.108%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90+0.064%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.32+0.117%$79K$19K50xas long as short
Extended BNB-USDlong+0.0104%1h804.39long leg$1.9M$5.9M50x
Aevo BNB-PERP+0.0104%1h804.83+0.055%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.60+0.151%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.39+0.125%$520.3M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.153%$173K$35K10xas long as short
Phemex BNBUSDT+0.0137%8h805.38+0.123%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0194%1h804.80+0.051%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0207%1h805.33+0.117%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.01+0.077%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0235%8h805.33+0.117%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0238%1h804.86+0.059%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.29+0.112%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.122%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.49+0.013%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.64+0.156%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.063%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h805.86+0.183%$3.0M$5.5M40xas long as short