Funding you earn now, next payment 23:00 UTC+0.0233%/8h= +25.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.065%
Price spread now: Reya against Polymarket Perps−0.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 805.00 | 0.0100 | pay 0.0013% / 1h | 48m 51s | $116K | $870K | 10x |
| Short | Reya BNBRUSDPERP | 804.73 | 0.0333 | get 0.0042% / 1h | 48m 51s | $6K | $3K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $48.99
- Price spread: −0.034% → 0.000%
- −$3.4
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $31.6
- Costs to cover
- 0.140%
- Break-even
- 2.5 days
Slippage unknown: Polymarket Perps: live order book, 34 min ago; Reya: no order-book sample. Net counts fees only.
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, 34 min ago | 2.54 bp | 7.1 bp −$7 | 7.9 bp −$79 | 15.6 bp −$1,562 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0195% / S +0.0371% | 1h | 805.06 | +0.008% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.58 | +0.072% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.16 | +0.019% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.00 | +0.124% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.40 | +0.050% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.11 | +0.014% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0047% | 8h | 804.38 | −0.077% | $4.1M | $5.3M | — | as long as short |
| Hibachi BNB/USDT-P | +0.0056% | 1h | 805.18 | +0.022% | $71K | $48K | 12x | as long as short |
| BingX BNB-USDT | +0.0057% | 8h | 805.41 | +0.051% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0084% | 8h | 804.90 | −0.012% | $139.5M | $82.0M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 805.59 | +0.074% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.76 | +0.094% | $608K | $882K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.80 | −0.025% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.33 | +0.041% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 805.00 | 0.000% | $55.1M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.50 | +0.062% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.20 | +0.025% | $36.2M | $57.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.17 | +0.021% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.96 | −0.005% | $78.7M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.44 | +0.055% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.60 | +0.075% | $162K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 805.00 | long leg | $116K | $870K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 805.18 | +0.022% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.36 | +0.044% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.79 | +0.098% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 805.32 | +0.040% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.97 | +0.120% | $79K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0103% | 8h | 805.94 | +0.117% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.93 | −0.009% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.45 | +0.055% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0117% | 8h | 806.30 | +0.161% | $84.6M | $13.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0118% | 8h | 805.86 | +0.107% | $520.7M | $805.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0134% | 8h | 805.92 | +0.114% | $70.3M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0145% | 1h | 805.40 | +0.050% | $396K | $1.0M | 10x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 805.39 | +0.048% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0155% | 1h | 806.09 | +0.135% | $51.9M | $22.0M | 10x | as long as short |
| dYdX BNB-USD | +0.0185% | 1h | 805.13 | +0.016% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 805.39 | +0.048% | $2.5M | $932K | 50x | as long as short |
| BloFin BNB-USDT | +0.0238% | 8h | 805.81 | +0.101% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 805.55 | +0.068% | $651K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 805.72 | +0.089% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | +0.011% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.37 | +0.046% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERPshort | +0.0333% | 1h | 804.73 | −0.034% | $6K | $3K | 40x | |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.89 | +0.111% | $29K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0712% | 1h | 806.40 | +0.174% | $3.0M | $5.5M | 40x | as long as short |
Polymarket Perps BNB-USD
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Lighter BNB
Coinbase International BNB-PERP-INTX
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
SoDEX BNB-USD
Phoenix BNB
Hyperliquid BNB
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
01 Exchange BNBUSD
Backpack BNB_USDC_PERP