Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Polymarket Perps−0.079%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.077%−$8 · spread now −0.079%, 7d avg −0.058%
=Together, before fees−0.072%+ Points / potential airdropExtended: Active · farm board−$7 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: Extended is 0.021% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 801.01 | 0.0100 | pay 0.0013% / 1h | 17m 51s | $121K | $877K | 10x |
| Short | Extended BNB-USD | 800.38 | 0.0104 | get 0.0013% / 1h | 17m 51s | $1.8M | $6.1M | 50x |
Polymarket Perps BNB-USD
Extended BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.079% → −0.058%
- −$2.1
- Slippage, 4 orders
- −$7.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.37
- Costs to cover
- 0.201%
- Break-even
- 185.1 days
Slippage from Polymarket Perps: live order book, 65 min ago; Extended: live order book, 6 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, 65 min ago | 2.54 bp | 7.1 bp −$7 | 7.9 bp −$79 | 15.6 bp −$1,562 | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.06 bp | 2.6 bp −$3 | 3.2 bp −$32 | 22.4 bp −$2,241 | 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 −0.0201% / S +0.0372% | 1h | 801.16 | +0.018% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 801.60 | +0.074% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.84 | +0.228% | $3.0M | $29.6M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 801.90 | +0.111% | $158K | $2.9M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 802.75 | +0.217% | $868K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 801.17 | +0.020% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0038% | 8h | 801.85 | +0.105% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0062% | 8h | 801.17 | +0.020% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0073% | 8h | 800.30 | −0.089% | $139.3M | $81.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 801.40 | +0.048% | $2.8M | $4.2M | 20x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit 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 | 801.17 | +0.020% | $610K | $997K | 50x | as long as short |
| Aster BNBUSDT | +0.0099% | 8h | 801.36 | +0.044% | $6.3M | $19.0M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 800.84 | −0.022% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 801.53 | +0.065% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 800.50 | −0.064% | $54.7M | $115.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 801.40 | +0.049% | $53K | $151K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 800.60 | −0.051% | $35.8M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 800.65 | −0.045% | $28.0M | $10.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 800.79 | −0.027% | $81.0M | $26.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.01 | +0.250% | $4.2M | $77.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.69 | +0.210% | $162K | $443K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 801.01 | long leg | $121K | $877K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 801.11 | +0.012% | $387K | $528K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 801.32 | +0.039% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 801.89 | +0.110% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 801.30 | +0.036% | $394K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 801.37 | +0.045% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 801.95 | +0.117% | $78K | $19K | 50x | as long as short |
| Extended BNB-USDshort | +0.0104% | 1h | 800.38 | −0.079% | $1.8M | $6.1M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 801.20 | +0.023% | $385K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0118% | 8h | 801.80 | +0.099% | $83.4M | $13.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0118% | 8h | 801.46 | +0.056% | $503.4M | $819.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0120% | 8h | 801.59 | +0.072% | $70.0M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 802.83 | +0.227% | $173K | $35K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0184% | 1h | 801.62 | +0.076% | $71K | $48K | 12x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 801.10 | +0.012% | $2.6M | $975K | 50x | as long as short |
| BloFin BNB-USDT | +0.0238% | 8h | 802.00 | +0.124% | $18.3M | $2.5M | 75x | as long as short |
| dYdX BNB-USD | +0.0284% | 1h | 801.29 | +0.035% | $162K | $62K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 801.61 | +0.075% | $1.6M | $165K | 25x | as long as short |
| Hyperliquid BNB | +0.0311% | 1h | 801.74 | +0.091% | $51.9M | $21.9M | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | +0.509% | $19K | $789K | 30x | as long as short |
| Bulk BNB-USD | +0.0314% | 1h | 802.70 | +0.211% | $652K | $21K | 10x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 801.23 | +0.027% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 801.43 | +0.052% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 800.70 | −0.039% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0597% | 1h | 801.69 | +0.085% | $2.7M | $5.7M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
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
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hibachi BNB/USDT-P
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Injective BNB/USDC PERP
Bulk BNB-USD
RISEx BNB/USDC
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP