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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.056%
Price spread now: 01 Exchange against ApeX Omni+0.250%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and 01 Exchange is 0.250% dearer against ApeX Omni than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT785.200.0100pay 0.0013% / 1h18m 12s$158K$438K50x
Short01 Exchange BNBUSD787.160.0304get 0.0038% / 1h18m 12s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$42.84
Price spread: +0.250% → 0.000%
$24.96
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$50.8
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 29 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 29 min ago5.15 bp10.9 bp −$1132.9 bp −$329doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h786.41+0.154%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.19+0.253%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37+0.276%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.53+0.170%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.533%$19K$789K30xas long as short
Aster BNBUSDT+0.0037%8h787.26+0.262%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0042%8h786.42+0.155%$13.4Mas long as short
Phemex BNBUSDT+0.0055%8h787.13+0.246%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0060%8h787.30+0.267%$80.4M$12.0M200xas long as short
Binance BNBUSDT+0.0061%8h787.10+0.242%$490.3M$812.2M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.55+0.172%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85+0.083%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.81+0.205%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.63+0.182%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.35+0.146%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.22+0.257%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.79+0.203%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.50+0.166%$138.1M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.40+0.153%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.70+0.191%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.55+0.172%$36.6M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.16+0.122%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.32+0.143%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.17+0.251%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.81+0.078%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.59+0.176%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h785.20long leg$158K$438K50x
Polymarket Perps BNB-USD+0.0100%1h786.46+0.160%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h786.81+0.205%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.99+0.228%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.31+0.141%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.83+0.208%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.25+0.134%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h787.14+0.247%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.33+0.144%$169K$35K10xas long as short
SoDEX BNB-USD+0.0128%1h786.70+0.191%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0142%8h786.80+0.204%$160K$2.7M4.8xas long as short
dYdX BNB-USD+0.0161%1h786.37+0.149%$159K$62K10xas long as short
BloFin BNB-USDT+0.0180%8h787.41+0.281%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0211%8h785.17−0.003%$2.9M$29.3M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.09+0.241%$1.5M$143K25xas long as short
01 Exchange BNBUSDshort+0.0304%1h787.16+0.250%$28K$4K10x
Reya BNBRUSDPERP+0.0323%1h786.31+0.141%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39+0.025%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h786.74+0.196%$1.1M$901K20xas long as short
Hibachi BNB/USDT-P+0.0528%1h786.48+0.163%$67K$39K12xas long as short