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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.004%
Price spread now: MEXC against Arcus+0.075%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.075%, 7d avg +0.077%
Together, before fees−0.088%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BNB-USD803.100.0100pay 0.0013% / 1h54m 19s$53K$133K10x
ShortMEXC BNB_USDT803.700.0122get 0.0122% / 8h54m 19s$83.6M$13.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$4.62
Price spread: +0.075% → +0.077%
−$0.19
Slippage, 4 orders
−$22.56
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$26.63
Costs to cover
0.311%
Break-even
47.3 days
Slippage from Arcus: live order book, 24 min ago; MEXC: live order book, 10 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, 24 min ago5.61 bp13.4 bp −$1327.6 bp −$276doesn't fitdoesn't fit
Sell MEXC live order book, 10 min ago0.62 bp2.6 bp −$35.0 bp −$5016.2 bp −$1,62231.2 bp −$15.6K

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 −0.0201% / S +0.0372%1h802.65−0.055%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.20+0.012%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.80−0.037%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.50−0.075%$3.0M$28.2M10xas long as short
StandX BNB-USD0.0000%1h803.25+0.019%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.61−0.061%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h801.64−0.182%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0053%8h802.54−0.070%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h802.41−0.086%$139.4M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.296%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.100.000%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.40−0.087%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.93−0.021%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.50−0.075%$54.8M$113.7M50xas long as short
Arcus BNB-USDlong+0.0100%1h803.10long leg$53K$133K10x
Gate BNB_USDT+0.0100%8h802.50−0.075%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.61−0.061%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.36−0.092%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h802.60−0.062%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.61−0.061%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.67−0.054%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.74−0.045%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.91−0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.21+0.014%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.90−0.025%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.29+0.024%$78K$19K50xas long as short
Aster BNBUSDT+0.0103%8h803.45+0.044%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h802.30−0.099%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h803.06−0.005%$386K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h803.38+0.035%$70.2M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0115%8h802.20−0.112%$109K$2.9M4.8xas long as short
MEXC BNB_USDTshort+0.0122%8h803.70+0.075%$83.6M$13.5M200x
Binance BNBUSDT+0.0124%8h803.52+0.053%$502.6M$818.4M75xas long as short
Phoenix BNB+0.0155%1h802.36−0.092%$172K$36K10xas long as short
SoDEX BNB-USD+0.0234%1h802.90−0.025%$395K$1.0M10xas long as short
BloFin BNB-USDT+0.0243%8h803.22+0.015%$18.2M$2.6M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.63−0.059%$71K$49K12xas long as short
RISEx BNB/USDC+0.0258%1h802.92−0.022%$1.1M$1.4M20xas long as short
Backpack BNB_USDC_PERP+0.0272%1h803.33+0.029%$2.7M$5.7M40xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.243%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h803.21+0.014%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.248%$19K$789K30xas long as short
Hyperliquid BNB+0.0322%1h803.49+0.049%$52.0M$21.3M10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.25−0.106%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0432%1h803.81+0.088%$28K$1K10xas long as short
dYdX BNB-USD+0.0497%1h802.23−0.108%$162K$62K10xas long as short