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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0292%/8h= +32.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.066%
Price spread now: Polymarket Perps against GMX+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]783.65L −0.0192% / S +0.0356%get 0.0024% / 1h27m 44s$46K200x
ShortPolymarket Perps BNB-USD783.800.0100get 0.0013% / 1h27m 44s$131K$954K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GMX. 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
$61.29
Price spread: +0.019% → 0.000%
$1.89
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$43.18
Costs to cover
0.200%
Break-even
2.1 days
Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 20 min ago. 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 GMX no order-book sample
Sell Polymarket Perps live order book, 20 min ago2.99 bp8.3 bp −$88.7 bp −$87doesn't fitdoesn't fit
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]longL −0.0192% / S +0.0356%1h783.65long leg$46K200x
Hotstuff BNB-PERP−0.0080%1h785.00+0.172%$4K$4225xas long as short
StandX BNB-USD0.0000%1h785.52+0.238%$847K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.79+0.017%$9.5M150xas long as short
Aster BNBUSDT+0.0031%8h784.50+0.108%$6.0M$18.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.736%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h784.07+0.053%$22.1Mas long as short
Phemex BNBUSDT+0.0052%8h784.45+0.102%$68.6M$50.5M50xas long as short
MEXC BNB_USDT+0.0053%8h784.80+0.147%$79.5M$11.9M200xas long as short
Binance BNBUSDT+0.0054%8h784.54+0.114%$488.7M$809.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h783.73+0.010%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h783.79+0.018%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h784.05+0.051%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h783.94+0.037%$264K$489K50xas long as short
Nado BNB-PERP+0.0100%1h783.80+0.019%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h784.47+0.104%$51.3M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.32+0.085%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h783.90+0.032%$137.7M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h783.70+0.006%$53.3M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h784.30+0.083%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h783.85+0.025%$36.4M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h783.79+0.018%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h783.56−0.012%$75.9M$30.9M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.46+0.103%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.13+0.061%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h785.38+0.220%$4.1M$75.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.10+0.185%$158K$439K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h783.80+0.019%$131K$954K10x
Derive BNB-PERP+0.0100%1h783.98+0.042%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.57+0.117%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.00+0.044%$385K$994K10xas long as short
HTX BNB-USDT+0.0100%8h783.94+0.037%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.39+0.094%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h783.58−0.009%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h784.08+0.055%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h785.13+0.189%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0146%8h784.40+0.096%$154K$2.7M4.8xas long as short
dYdX BNB-USD+0.0162%1h784.37+0.091%$159K$61K10xas long as short
BloFin BNB-USDT+0.0174%8h785.33+0.214%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0206%8h784.96+0.167%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0288%1h784.74+0.139%$28K$4K10xas long as short
Bulk BNB-USD+0.0298%1h785.69+0.260%$637K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h784.32+0.086%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h783.66+0.001%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h784.37+0.091%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0496%1h784.92+0.162%$67K$39K12xas long as short