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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Bitget against Arcus−0.103%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Long on ArcusShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.103%, 7d avg −0.140%
Together, before fees−0.121%−$12 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: Bitget is 0.037% dearer against Arcus than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BNB-USD798.600.0100pay 0.0013% / 1h20m 41s$53K$133K10x
ShortBitget BNBUSDT797.780.0100get 0.0100% / 8h7h 20m$78.1M$28.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Arcus. 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: −0.103% → −0.140%
$3.71
Slippage, 4 orders
−$16.93
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$29.72
Costs to cover
0.334%
Break-even
never at this rate
Slippage from Arcus: live order book, 52 min ago; Bitget: 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 Arcus live order book, 52 min ago6.26 bp9.7 bp −$1025.6 bp −$256doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.06 bp6.8 bp −$79.2 bp −$9214.1 bp −$1,408doesn'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 −0.0159% / S +0.0335%1h798.30−0.038%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.41−0.024%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.95+0.044%$4K$23925xas long as short
BingX BNB-USDC−0.0024%8h798.43−0.021%—$13.4M—as long as short
Gate BNB_USDT−0.0002%8h798.00−0.075%$35.9M$56.7M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.63+0.255%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.35+0.094%$864K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72−0.110%$4.1M$5.0M—as long as short
Bybit BNBUSDT+0.0006%8h797.91−0.086%$138.6M$76.3M75xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.24−0.045%$9.7M—150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0009%8h798.92+0.040%$69.8M$50.0M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.813%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.059%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0055%8h798.73+0.016%$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.0076%8h798.61+0.001%$495.8M$811.5M75xas long as short
MEXC BNB_USDT+0.0077%8h799.20+0.075%$83.1M$13.7M200xas long as short
Lighter BNB+0.0096%1h798.31−0.037%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.066%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.25−0.044%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.37−0.029%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.075%$54.2M$110.9M50xas long as short
Arcus BNB-USDlong+0.0100%1h798.60long leg$53K$133K10x
KuCoin BNBUSDTM+0.0100%8h798.10−0.063%$27.9M$10.0M75xas long as short
Bitget BNBUSDTshort+0.0100%8h797.78−0.103%$78.1M$28.1M75x
edgeX BNBUSDC+0.0100%4h800.04+0.180%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.98+0.173%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.35−0.031%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.26−0.043%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.39−0.026%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.94+0.042%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.50−0.013%$393K$998K10xas long as short
HTX BNB-USDT+0.0100%8h798.09−0.064%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.75+0.019%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h797.82−0.098%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.42−0.022%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.085%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.26−0.042%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h799.20+0.075%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0197%8h798.81+0.026%$18.0M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.82+0.028%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.74+0.018%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0201%1h798.40−0.025%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h799.00+0.050%$68K$38K12xas long as short
Hyperliquid BNB+0.0300%1h798.99+0.049%$53.1M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.81−0.099%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0400%1h799.37+0.096%$2.7M$5.7M40xas long as short