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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni−0.114%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.114%, 7d avg −0.120%
Together, before fees−0.171%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT788.190.0100pay 0.0013% / 1h58m 38s$159K$444K50x
ShortExtended BNB-USD787.290.0104get 0.0013% / 1h58m 38s$1.8M$5.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.114% → −0.120%
$0.6
Slippage, 4 orders
−$13.55
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$27.11
Costs to cover
0.285%
Break-even
232.9 days
Slippage from ApeX Omni: live order book, 52 min ago; Extended: live order book, 3 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, 52 min ago4.07 bp10.0 bp −$1031.9 bp −$319doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.19 bp4.7 bp −$55.8 bp −$58doesn't fitdoesn't fit

BNB on 45 exchanges

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 −0.0166% / S +0.0336%1h787.50−0.087%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.52−0.085%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.09−0.013%$4K25xas long as short
Aster BNBUSDT0.0000%8h788.15−0.005%$6.0M$17.2M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.90−0.037%$2.9M$26.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h788.00−0.024%$139K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.59+0.051%$850K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.65−0.069%$9.5M150xas long as short
MEXC BNB_USDT+0.0017%8h789.20+0.128%$83.4M$11.7M200xas long as short
Binance BNBUSDT+0.0017%8h788.14−0.006%$481.8M$768.5M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+2.144%$19K$789K30xas long as short
Bybit BNBUSDT+0.0055%8h787.30−0.113%$138.6M$67.6M75xas long as short
BloFin BNB-USDT+0.0070%8h788.17−0.003%$18.4M$2.2M75xas long as short
Phemex BNBUSDT+0.0091%8h788.08−0.014%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.98−0.027%$158K$44K10xas long as short
Lighter BNB+0.0096%1h787.66−0.067%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h787.45−0.094%$1.4M$2.4M20xas long as short
Hyperliquid BNB+0.0100%1h788.20+0.002%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h787.88−0.040%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40−0.100%$53.3M$102.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.70−0.062%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h787.55−0.081%$41.0M$53.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.39−0.101%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h787.30−0.113%$75.7M$31.1M75xas long as short
BingX BNB-USDC+0.0100%8h787.72−0.060%$13.4Mas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.00−0.024%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h787.17−0.130%$4.3M$4.5Mas long as short
edgeX BNBUSDC+0.0100%4h787.96−0.029%$4.1M$75.4M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h788.19long leg$159K$444K50x
Polymarket Perps BNB-USD+0.0100%1h787.50−0.088%$130K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.67−0.066%$265K$297K50xas long as short
SunX BNB-USDT+0.0100%8h788.14−0.006%$12K$1.4M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80−0.049%$387K$926K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.96−0.029%$1.5M$157K25xas long as short
HTX BNB-USDT+0.0100%8h787.75−0.055%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.04−0.019%$78K$356K50xas long as short
Extended BNB-USDshort+0.0104%1h787.29−0.114%$1.8M$5.6M50x
Aevo BNB-PERP+0.0104%1h787.67−0.066%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h788.03−0.020%$545K$1.9M50xas long as short
01 Exchange BNBUSD+0.0240%1h787.98−0.027%$28K$3K10xas long as short
Bulk BNB-USD+0.0277%1h788.58+0.049%$639K$010xas long as short
Reya BNBRUSDPERP+0.0317%1h787.00−0.151%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0328%1h787.99−0.025%$67K$37K12xas long as short
dYdX BNB-USD+0.0377%1h788.12−0.009%$158K$34K10xas long as short
RISEx BNB/USDC+0.0393%1h787.79−0.050%$1.1M$901K20xas long as short