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
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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BNB/USD [WBTC.b-USDC] | 783.65 | L −0.0192% / S +0.0356% | get 0.0024% / 1h | 27m 44s | $46K | — | 200x |
| Short | Polymarket Perps BNB-USD | 783.80 | 0.0100 | get 0.0013% / 1h | 27m 44s | $131K | $954K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 20 min ago | 2.99 bp | 8.3 bp −$8 | 8.7 bp −$87 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC]long | L −0.0192% / S +0.0356% | 1h | 783.65 | long leg | $46K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.00 | +0.172% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.52 | +0.238% | $847K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 783.79 | +0.017% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0031% | 8h | 784.50 | +0.108% | $6.0M | $18.9M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.736% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0042% | 8h | 784.07 | +0.053% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0052% | 8h | 784.45 | +0.102% | $68.6M | $50.5M | 50x | as long as short |
| MEXC BNB_USDT | +0.0053% | 8h | 784.80 | +0.147% | $79.5M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0054% | 8h | 784.54 | +0.114% | $488.7M | $809.6M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 783.73 | +0.010% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 783.79 | +0.018% | $567K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.05 | +0.051% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 783.94 | +0.037% | $264K | $489K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.80 | +0.019% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.47 | +0.104% | $51.3M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.32 | +0.085% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 783.90 | +0.032% | $137.7M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 783.70 | +0.006% | $53.3M | $112.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.30 | +0.083% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.85 | +0.025% | $36.4M | $58.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.79 | +0.018% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.56 | −0.012% | $75.9M | $30.9M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.46 | +0.103% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.13 | +0.061% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.38 | +0.220% | $4.1M | $75.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.10 | +0.185% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USDshort | +0.0100% | 1h | 783.80 | +0.019% | $131K | $954K | 10x | |
| Derive BNB-PERP | +0.0100% | 1h | 783.98 | +0.042% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.57 | +0.117% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.00 | +0.044% | $385K | $994K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 783.94 | +0.037% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.39 | +0.094% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.58 | −0.009% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.08 | +0.055% | $377K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 785.13 | +0.189% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0146% | 8h | 784.40 | +0.096% | $154K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0162% | 1h | 784.37 | +0.091% | $159K | $61K | 10x | as long as short |
| BloFin BNB-USDT | +0.0174% | 8h | 785.33 | +0.214% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0206% | 8h | 784.96 | +0.167% | $2.9M | $29.3M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 784.74 | +0.139% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 785.69 | +0.260% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 784.32 | +0.086% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 783.66 | +0.001% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 784.37 | +0.091% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0496% | 1h | 784.92 | +0.162% | $67K | $39K | 12x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Polymarket Perps BNB-USD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC