Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h −0.007%
Price spread now: Aster against Polymarket Perps+0.059%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.059%, 7d avg +0.081%
=Together, before fees−0.350%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.022% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 786.18 | 0.0100 | pay 0.0013% / 1h | 53m 46s | $131K | $942K | 10x |
| Short | Aster BNBUSDT | 786.64 | 0.0029 | get 0.0029% / 8h | 7h 53m | $6.0M | $18.6M | 200x |
Polymarket Perps BNB-USD
Aster BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.82
- Price spread: +0.059% → +0.081%
- −$2.22
- Slippage, 4 orders
- −$8.69
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$41.73
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 44 min ago; Aster: live order book, 5 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 Polymarket Perps live order book, 44 min ago | 3.12 bp | 7.8 bp −$8 | 8.0 bp −$80 | 27.2 bp −$2,715 | doesn't fit |
| Sell Aster live order book, 5 min ago | 0.83 bp | 5.0 bp −$5 | 5.4 bp −$54 | 17.9 bp −$1,794 | 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 −0.0168% / S +0.0337% | 1h | 785.90 | −0.035% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.40 | +0.028% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 785.83 | −0.045% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.07 | +0.113% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.79 | −0.050% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDTshort | +0.0029% | 8h | 786.64 | +0.059% | $6.0M | $18.6M | 200x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.405% | $19K | $789K | 30x | as long as short |
| dYdX BNB-USD | +0.0034% | 1h | 785.65 | −0.067% | $159K | $62K | 10x | as long as short |
| BingX BNB-USDC | +0.0037% | 8h | 786.08 | −0.013% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0045% | 8h | 787.40 | +0.155% | $81.2M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
dYdX BNB-USD
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0046% | 8h | 786.59 | +0.053% | $489.2M | $813.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.01 | −0.021% | $2.7M | $3.6M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | −0.066% | $158K | $38K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.95 | −0.029% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.59 | +0.052% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.41 | +0.030% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.90 | −0.036% | $138.4M | $73.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.80 | −0.048% | $53.5M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | −0.010% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.10 | −0.010% | $39.0M | $55.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.79 | −0.050% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.66 | −0.066% | $75.4M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.31 | +0.017% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.82 | −0.046% | $4.1M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.27 | +0.012% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.42 | −0.097% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 786.18 | long leg | $131K | $942K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.96 | −0.028% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.49 | +0.040% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.57 | +0.050% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.00 | −0.023% | $386K | $952K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.19 | +0.001% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.53 | +0.044% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.68 | −0.064% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.90 | −0.035% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0110% | 8h | 786.50 | +0.041% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.052% | $548K | $1.9M | 50x | as long as short |
| Phemex BNBUSDT | +0.0153% | 8h | 786.59 | +0.052% | $68.6M | $51.1M | 50x | as long as short |
| BloFin BNB-USDT | +0.0166% | 8h | 786.02 | −0.020% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0185% | 8h | 785.57 | −0.078% | $2.9M | $27.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.32 | +0.017% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.85 | −0.042% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.54 | +0.046% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 785.71 | −0.060% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 786.32 | +0.018% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 785.96 | −0.028% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phemex BNBUSDT
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P