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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against ApeX Omni+0.056%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.056%, 7d avg −0.012%
Together, before fees−0.310%+ Points / potential airdropStandX: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.067% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.012%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT788.470.0100pay 0.0013% / 1h30m 43s$159K$442K50x
ShortStandX BNB-USD788.910get 0.0000% / 1h30m 43s$851K$3.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21
Price spread: +0.056% → −0.012%
$6.75
Slippage, 4 orders
−$26.43
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$58.68
Costs to cover
0.444%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 22 min ago; StandX: 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, 22 min ago4.81 bp10.6 bp −$1132.1 bp −$321doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago5.70 bp10.3 bp −$1012.6 bp −$12654.3 bp −$5,427doesn'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%1h788.41−0.008%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h788.39−0.010%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.29−0.023%$4K$4225xas long as short
StandX BNB-USDshort0.0000%1h788.91+0.056%$851K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.44−0.004%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h788.77+0.038%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.108%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h788.42−0.006%$13.4Mas long as short
Phemex BNBUSDT+0.0048%8h788.83+0.046%$69.0M$50.6M50xas long as short
Binance BNBUSDT+0.0049%8h788.70+0.029%$491.9M$798.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0049%8h789.30+0.105%$80.0M$12.0M200xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h790.26+0.227%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.43−0.005%$169K$35K10xas long as short
Lighter BNB+0.0096%1h788.37−0.013%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0097%1h788.56+0.011%$160K$64K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.54+0.009%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.95−0.066%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.75+0.036%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.35−0.015%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.12−0.044%$138.7M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.10−0.047%$53.5M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h788.40−0.009%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h788.35−0.015%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.10−0.047%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.95−0.066%$76.3M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.90+0.055%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.21−0.033%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.62+0.019%$4.1M$73.9M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h788.47long leg$159K$442K50x
Polymarket Perps BNB-USD+0.0100%1h788.16−0.039%$130K$953K10xas long as short
Derive BNB-PERP+0.0100%1h788.60+0.017%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.67+0.026%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.70+0.029%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.30−0.022%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.43−0.006%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.97−0.063%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h788.53+0.007%$379K$110K10xas long as short
Kalshi KXBNBPERP+0.0122%8h789.30+0.105%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0169%8h788.97+0.063%$18.1M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h789.08+0.077%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0219%1h788.52+0.006%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.74+0.034%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.02+0.069%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.14−0.041%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0416%1h788.36−0.014%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.57+0.013%$1.1M$893K20xas long as short