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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against ApeX Omni+0.029%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.029%, 7d avg +0.004%
Together, before fees−0.043%+ Points / potential airdropedgeX: Active · farm board−$4 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: edgeX is 0.025% dearer against ApeX Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT787.520.0100pay 0.0013% / 1h10m 12s$159K$441K50x
ShortedgeX BNBUSDC787.750.0100get 0.0050% / 4h3h 10m$4.1M$74.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against ApeX Omni. 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: +0.029% → +0.004%
$2.52
Slippage, 4 orders
−$16.26
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.74
Costs to cover
0.353%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; edgeX: live order book, 4 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 ApeX Omni live order book, 42 min ago4.81 bp10.6 bp −$1132.1 bp −$321doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago2.54 bp7.0 bp −$77.0 bp −$7010.6 bp −$1,064doesn'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%1h786.21−0.167%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0125%1h786.43−0.138%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.35−0.022%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h786.70−0.104%$123K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.10+0.074%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.20−0.167%$9.5M150xas long as short
Aster BNBUSDT+0.0021%8h786.95−0.072%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.231%$19K$789K30xas long as short
BingX BNB-USDC+0.0034%8h786.43−0.138%$13.4Mas long as short
Phemex BNBUSDT+0.0040%8h786.90−0.079%$68.8M$50.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0041%8h787.40−0.015%$79.8M$12.1M200xas long as short
Binance BNBUSDT+0.0041%8h786.93−0.075%$490.4M$803.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h788.00+0.061%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0078%1h787.24−0.035%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.74+0.028%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.54−0.125%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.35−0.149%$264K$492K50xas long as short
Nado BNB-PERP+0.0100%1h786.70−0.104%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h786.95−0.072%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h787.17−0.044%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.21−0.166%$138.2M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.20−0.168%$53.3M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.10−0.053%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.40−0.142%$36.1M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.33−0.151%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.06−0.185%$76.1M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.82−0.089%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.00−0.065%$4.1M$4.6Mas long as short
edgeX BNBUSDCshort+0.0100%4h787.75+0.029%$4.1M$74.1M30x
ApeX Omni BNBUSDTlong+0.0100%1h787.52long leg$159K$441K50x
Polymarket Perps BNB-USD+0.0100%1h786.47−0.133%$131K$955K10xas long as short
Derive BNB-PERP+0.0100%1h786.39−0.144%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.36−0.020%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50−0.130%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.24−0.036%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.28−0.030%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.89−0.208%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h786.31−0.154%$378K$110K10xas long as short
BloFin BNB-USDT+0.0161%8h787.93+0.052%$17.8M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0178%8h787.99+0.060%$2.9M$28.7M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.69−0.105%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0201%1h787.88+0.046%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h787.41−0.014%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h785.80−0.218%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0424%1h787.38−0.018%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.15−0.047%$1.1M$894K20xas long as short