Funding you earn now, next payment 23:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.102%
Price spread now: dYdX against Polymarket Perps+0.004%47s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days+0.435%+$43 on $10k
+Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.004%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 799.26 | 0.0100 | pay 0.0013% / 1h | 7m 40s | $121K | $872K | 10x |
| Short | dYdX BNB-USD | 799.29 | 0.0351 | get 0.0044% / 1h | 7m 40s | $161K | $62K | 10x |
Polymarket Perps BNB-USD
dYdX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $52.76
- Price spread: +0.004% → −0.001%
- $0.51
- Slippage, 4 orders
- −$34.32
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $0.95
- Costs to cover
- 0.523%
- Break-even
- 6.9 days
Slippage from Polymarket Perps: live order book, 10 min ago; dYdX: live order book, 11 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, 10 min ago | 2.06 bp | 6.5 bp −$7 | 6.7 bp −$67 | 16.4 bp −$1,638 | doesn't fit |
| Sell dYdX live order book, 11 min ago | 14.76 bp | 20.0 bp −$20 | 46.2 bp −$462 | 63.2 bp −$6,320 | 126.0 bp −$63.0K |
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 −0.0201% / S +0.0372% | 1h | 799.08 | −0.023% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.59 | +0.041% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.27 | +0.127% | $3.0M | $29.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 800.63 | +0.171% | $865K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.08 | −0.023% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0030% | 8h | 799.14 | −0.015% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0052% | 8h | 799.02 | −0.030% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0065% | 8h | 798.80 | −0.058% | $139.0M | $78.7M | 75x | as long as short |
| Aster BNBUSDT | +0.0096% | 8h | 799.59 | +0.042% | $6.3M | $18.9M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.12 | −0.018% | $2.8M | $4.2M | 20x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Aster BNBUSDT
Lighter BNBShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 799.10 | −0.020% | $608K | $992K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.74 | −0.065% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.06 | −0.025% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.90 | −0.045% | $54.6M | $113.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.60 | +0.043% | $53K | $151K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.70 | −0.070% | $35.7M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.61 | −0.081% | $27.9M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.83 | −0.054% | $80.6M | $26.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.16 | +0.113% | $4.2M | $77.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.53 | +0.159% | $161K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 799.26 | long leg | $121K | $872K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.92 | −0.043% | $386K | $489K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.06 | −0.025% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 800.47 | +0.152% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.00 | −0.033% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.09 | −0.021% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.54 | +0.035% | $78K | $19K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0100% | 8h | 799.90 | +0.080% | $123K | $2.9M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.44 | −0.103% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.12 | −0.018% | $384K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0116% | 8h | 799.90 | +0.080% | $83.1M | $13.8M | 200x | as long as short |
| Phemex BNBUSDT | +0.0116% | 8h | 799.46 | +0.025% | $69.9M | $51.2M | 50x | as long as short |
| Binance BNBUSDT | +0.0116% | 8h | 799.74 | +0.061% | $502.3M | $817.7M | 75x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 800.04 | +0.098% | $172K | $35K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 799.37 | +0.013% | $1.6M | $165K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0207% | 1h | 798.75 | −0.064% | $2.6M | $966K | 50x | as long as short |
| Hibachi BNB/USDT-P | +0.0216% | 1h | 799.95 | +0.086% | $71K | $48K | 12x | as long as short |
| BloFin BNB-USDT | +0.0236% | 8h | 800.36 | +0.138% | $18.3M | $2.5M | 75x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 800.20 | +0.118% | $650K | $21K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | +0.729% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 799.45 | +0.023% | $1.1M | $1.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0319% | 1h | 799.54 | +0.035% | $51.7M | $21.6M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 799.61 | +0.044% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 798.57 | −0.086% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USDshort | +0.0351% | 1h | 799.29 | +0.004% | $161K | $62K | 10x | |
| Backpack BNB_USDC_PERP | +0.0570% | 1h | 799.79 | +0.066% | $2.7M | $5.7M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Kalshi KXBNBPERP
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Phemex BNBUSDT
Binance BNBUSDT
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
Hibachi BNB/USDT-P
BloFin BNB-USDT
Bulk BNB-USD
Injective BNB/USDC PERP
RISEx BNB/USDC
Hyperliquid BNB
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP