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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Polymarket Perps+0.022%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.022%, 7d avg −0.010%
Together, before fees−0.144%−$14 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: HTX is 0.032% dearer against Polymarket Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD788.000.0100pay 0.0013% / 1h6m 46s$132K$951K10x
ShortHTX BNB-USDT788.170.0100get 0.0100% / 8h2h 06m$8.0M$10.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.022% → −0.010%
$3.23
Slippage, 4 orders
−$14.17
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.95
Costs to cover
0.342%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 41 min ago; HTX: live order book, 2 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, 41 min ago2.99 bp7.0 bp −$77.0 bp −$70doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago2.12 bp10.7 bp −$1113.3 bp −$13344.0 bp −$4,397doesn'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 −0.0192% / S +0.0356%1h788.03+0.004%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.21+0.027%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.04+0.132%$851K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.06+0.007%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.169%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h788.85+0.108%$6.1M$19.1M200xas long as short
BingX BNB-USDT+0.0050%8h788.69+0.088%$22.2Mas long as short
Phemex BNBUSDT+0.0063%8h788.84+0.107%$69.0M$50.8M50xas long as short
MEXC BNB_USDT+0.0066%8h789.40+0.178%$81.0M$12.1M200xas long as short
Binance BNBUSDT+0.0067%8h789.01+0.128%$491.2M$815.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h788.12+0.015%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h788.38+0.048%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.60+0.076%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.23+0.029%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.75−0.032%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h789.09+0.138%$51.7M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.71+0.090%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h788.41+0.052%$138.8M$75.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60+0.076%$53.6M$113.3M50xas long as short
Arcus BNB-USD+0.0100%1h788.80+0.102%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h788.25+0.032%$36.9M$59.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.34+0.043%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h788.37+0.047%$76.3M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.44+0.056%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.91−0.011%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.22+0.028%$4.1M$75.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81−0.024%$159K$437K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h788.00long leg$132K$951K10x
Derive BNB-PERP+0.0100%1h788.43+0.054%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.73+0.092%$12K$1.5M50xas long as short
HTX BNB-USDTshort+0.0100%8h788.17+0.022%$8.0M$10.1M75x
Paradex BNB-USD-PERP+0.0101%8h788.96+0.122%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.73−0.035%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h788.24+0.030%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h787.87−0.016%$169K$35K10xas long as short
SoDEX BNB-USD+0.0125%1h788.30+0.038%$388K$989K10xas long as short
dYdX BNB-USD+0.0138%1h788.46+0.058%$160K$62K10xas long as short
Kalshi KXBNBPERP+0.0138%8h788.40+0.051%$163K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h788.82+0.104%$17.6M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0221%8h788.50+0.063%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.64+0.081%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0312%1h788.78+0.099%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h787.90−0.012%$6K$3K40xas long as short
Bulk BNB-USD+0.0378%1h788.15+0.019%$639K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h788.41+0.053%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h788.50+0.064%$68K$39K12xas long as short