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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Polymarket Perps+0.021%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.021%, 7d avg +0.068%
Together, before fees+0.027%+ Points / potential airdropedgeX: Active · farm board+$3 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: edgeX is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD798.880.0100pay 0.0013% / 1h31m 08s$116K$873K10x
ShortedgeX BNBUSDC799.050.0100get 0.0050% / 4h3h 31m$4.2M$76.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.021% → +0.068%
−$4.69
Slippage, 4 orders
−$11.23
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.92
Costs to cover
0.282%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 42 min ago; edgeX: live order book, 3 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 Polymarket Perps live order book, 42 min ago2.38 bp6.8 bp −$77.6 bp −$7613.8 bp −$1,383doesn't fit
Sell edgeX live order book, 3 min ago2.50 bp7.0 bp −$77.0 bp −$7010.2 bp −$1,021doesn'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 −0.0159% / S +0.0334%1h798.89+0.001%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.75−0.016%$2.5M$965K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.47+0.074%$4K$23925xas long as short
BingX BNB-USDC−0.0057%8h798.880.000%$13.3Mas long as short
Bybit BNBUSDT−0.0022%8h798.50−0.048%$138.6M$75.0M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.97+0.011%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h798.57−0.039%$863K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.36+0.060%$69.8M$50.3M50xas long as short
Variational Omni BNB+0.0003%8h798.43−0.057%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.95+0.009%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.777%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.019%$602K$972K50xas long as short
Aster BNBUSDT+0.0061%8h799.19+0.039%$6.2M$19.2M200xas long as short
Binance BNBUSDT+0.0084%8h799.25+0.046%$496.2M$806.4M75xas long as short
MEXC BNB_USDT+0.0084%8h799.60+0.090%$83.1M$13.6M200xas long as short
Gate BNB_USDT+0.0089%8h798.65−0.029%$35.7M$56.2M75xas long as short
Lighter BNB+0.0096%1h798.98+0.013%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.20+0.040%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.65−0.029%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.22+0.043%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.60−0.035%$54.2M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.30+0.053%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.77−0.014%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.64−0.030%$78.8M$27.3M75xas long as short
edgeX BNBUSDCshort+0.0100%4h799.05+0.021%$4.2M$76.4M30x
ApeX Omni BNBUSDT+0.0100%1h799.10+0.028%$161K$436K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h798.88long leg$116K$873K10x
Orderly PERP_BNB_USDC+0.0100%8h798.86−0.003%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.99+0.014%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.42+0.068%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00+0.015%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.67−0.026%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.88+0.125%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.48−0.050%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.880.000%$384K$108K10xas long as short
Bulk BNB-USD+0.0127%1h799.69+0.101%$649K$10K10xas long as short
Kalshi KXBNBPERP+0.0153%8h799.40+0.065%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h799.28+0.051%$1.1M$1.4M20xas long as short
Hibachi BNB/USDT-P+0.0168%1h798.62−0.033%$69K$37K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.34+0.058%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0204%8h799.42+0.068%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h799.71+0.104%$28K$1K10xas long as short
dYdX BNB-USD+0.0239%1h798.94+0.008%$161K$63K10xas long as short
Hyperliquid BNB+0.0308%1h799.54+0.083%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.56−0.040%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0394%1h799.50+0.078%$2.7M$5.6M40xas long as short