Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.011%
Price spread now: MEXC against Polymarket Perps+0.134%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.195% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.134%, 7d avg +0.174%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 798.93 | 0.0100 | pay 0.0013% / 1h | 19m 16s | $116K | $875K | 10x |
| Short | MEXC BNB_USDT | 800.00 | 0.0109 | get 0.0109% / 8h | 19m 16s | $83.1M | $13.6M | 200x |
Polymarket Perps BNB-USD
MEXC BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.89
- Price spread: +0.134% → +0.174%
- −$4.02
- Slippage, 4 orders
- −$7.46
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$21.58
- Costs to cover
- 0.195%
- Break-even
- 86.9 days
Slippage from Polymarket Perps: live order book, 59 min ago; MEXC: 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, 59 min ago | 2.06 bp | 6.5 bp −$7 | 6.7 bp −$67 | 16.4 bp −$1,638 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.25 bp | 3.3 bp −$3 | 6.1 bp −$61 | 18.3 bp −$1,825 | 32.7 bp −$16.3K |
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 | 799.19 | +0.033% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.11 | +0.023% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.01 | +0.010% | $2.5M | $970K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.68 | −0.031% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.30 | +0.046% | $864K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.16 | +0.029% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0012% | 8h | 798.04 | −0.111% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0035% | 8h | 799.14 | +0.026% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0042% | 8h | 798.77 | −0.020% | $138.6M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.120% | $606K | $985K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0088% | 8h | 799.63 | +0.088% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.04 | +0.014% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.83 | −0.013% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.04 | +0.014% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.90 | −0.004% | $54.3M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.20 | +0.034% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.90 | −0.004% | $35.8M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.92 | −0.001% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.92 | −0.001% | $79.1M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.50 | −0.053% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.21 | +0.035% | $161K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 798.93 | long leg | $116K | $875K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.17 | +0.030% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.33 | +0.050% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.47 | +0.067% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.30 | +0.046% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.56 | +0.079% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.98 | +0.006% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.25 | +0.040% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.68 | −0.031% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.25 | +0.039% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0108% | 8h | 799.63 | +0.088% | $69.9M | $50.6M | 50x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 799.72 | +0.099% | $498.4M | $818.4M | 75x | as long as short |
| MEXC BNB_USDTshort | +0.0109% | 8h | 800.00 | +0.134% | $83.1M | $13.6M | 200x | |
| Phoenix BNB | +0.0127% | 1h | 798.57 | −0.045% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0134% | 8h | 799.20 | +0.034% | $89K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.81 | −0.015% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0214% | 1h | 799.38 | +0.056% | $649K | $17K | 10x | as long as short |
| Hyperliquid BNB | +0.0216% | 1h | 799.90 | +0.121% | $52.5M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 798.85 | −0.010% | $18.2M | $2.5M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 799.08 | +0.018% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 799.67 | +0.093% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.771% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.69 | −0.030% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0358% | 1h | 798.70 | −0.029% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0390% | 1h | 799.57 | +0.080% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Lighter BNB
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
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Binance BNBUSDT
Phoenix BNB
Kalshi KXBNBPERP
Hibachi BNB/USDT-P
Bulk BNB-USD
Hyperliquid BNB
BloFin BNB-USDT
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Reya BNBRUSDPERP
dYdX BNB-USD
Backpack BNB_USDC_PERP