BNB

Alert: funding

Alert: spread

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: Polymarket Perps against Reya+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Polymarket Perps is 0.034% dearer against Reya than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya BNBRUSDPERP	804.73	0.0333	pay 0.0042% / 1h	48m 51s	$6K	$3K	40x
Short	Polymarket Perps BNB-USD	805.00	0.0100	get 0.0013% / 1h	48m 51s	$116K	$870K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee Polymarket PerpsbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$48.99
Price spread: +0.034% → 0.000%: $3.4
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$59.59
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 34 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 34 min ago	2.54 bp	6.6 bp −$7	6.8 bp −$68	14.0 bp −$1,396	doesn't fit

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	+0.042%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.58	+0.106%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.16	+0.053%	$3.0M	$29.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.00	+0.158%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.40	+0.084%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.11	+0.048%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0047%	8h	804.38	−0.043%	$4.1M	$5.3M	—	as long as short
Hibachi BNB/USDT-P	+0.0056%	1h	805.18	+0.056%	$71K	$48K	12x	as long as short
BingX BNB-USDT	+0.0057%	8h	805.41	+0.085%	—	$34.5M	—	as long as short
Bybit BNBUSDT	+0.0084%	8h	804.90	+0.022%	$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	+0.108%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	805.76	+0.128%	$608K	$882K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.80	+0.009%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.33	+0.075%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.00	+0.034%	$55.1M	$116.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.50	+0.096%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.20	+0.059%	$36.2M	$57.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.17	+0.055%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.96	+0.029%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.44	+0.089%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.60	+0.109%	$162K	$439K	50x	as long as short
Polymarket Perps BNB-USDshort	+0.0100%	1h	805.00	+0.034%	$116K	$870K	10x
Orderly PERP_BNB_USDC	+0.0100%	8h	805.18	+0.056%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.36	+0.078%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.79	+0.132%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.32	+0.074%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.97	+0.154%	$79K	$19K	50x	as long as short
Aster BNBUSDT	+0.0103%	8h	805.94	+0.151%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	804.93	+0.025%	$1.9M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.45	+0.089%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0117%	8h	806.30	+0.196%	$84.6M	$13.3M	200x	as long as short
Binance BNBUSDT	+0.0118%	8h	805.86	+0.141%	$520.7M	$805.1M	75x	as long as short
Phemex BNBUSDT	+0.0134%	8h	805.92	+0.148%	$70.3M	$51.8M	50x	as long as short
SoDEX BNB-USD	+0.0145%	1h	805.40	+0.084%	$396K	$1.0M	10x	as long as short
Phoenix BNB	+0.0155%	1h	805.39	+0.082%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0155%	1h	806.09	+0.169%	$51.9M	$22.0M	10x	as long as short
dYdX BNB-USD	+0.0185%	1h	805.13	+0.050%	$162K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	805.39	+0.082%	$2.5M	$932K	50x	as long as short
BloFin BNB-USDT	+0.0238%	8h	805.81	+0.135%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0274%	1h	805.55	+0.102%	$651K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	805.72	+0.123%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.045%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	805.37	+0.080%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERPlong	+0.0333%	1h	804.73	long leg	$6K	$3K	40x
01 Exchange BNBUSD	+0.0344%	1h	805.89	+0.145%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0712%	1h	806.40	+0.208%	$3.0M	$5.5M	40x	as long as short