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−0.0019%/8h= −2.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Aster−0.055%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.055%, 7d avg −0.094%
Together, before fees+0.045%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.040% dearer against Aster than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.094%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT803.460.0087pay 0.0087% / 8h2h 41m$6.4M$18.8M200x
ShortBingX BNB-USDC803.020.0068get 0.0068% / 8h2h 41m$13.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$3.96
Price spread: −0.055% → −0.094%
$3.96
Slippage, 4 orders
−$6.33
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$24.33
Costs to cover
0.243%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; BingX: live order book, 2 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 Aster live order book, 3 min ago0.68 bp5.2 bp −$56.6 bp −$6619.8 bp −$1,980doesn't fit
Sell BingX live order book, 2 min ago0.37 bp7.9 bp −$89.7 bp −$9719.4 bp −$1,93662.2 bp −$31.1K

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 −0.0195% / S +0.0371%1h802.87−0.074%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.57+0.014%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.09−0.046%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.80+0.042%$122K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.92+0.057%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.88−0.073%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.37−0.011%$2.5M$910K50xas long as short
Variational Omni BNB+0.0059%8h802.25−0.150%$4.1M$5.3Mas long as short
BingX BNB-USDCshort+0.0068%8h803.02−0.055%$13.3M
Bybit BNBUSDT+0.0083%8h802.34−0.140%$138.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDTlong+0.0087%8h803.46long leg$6.4M$18.8M200x
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.066%$608K$888K50xas long as short
Lighter BNB+0.0096%1h802.94−0.065%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.56−0.112%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.95−0.064%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.095%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.20−0.033%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.65−0.101%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.66−0.100%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.48−0.122%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.30−0.020%$4.2M$77.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.22−0.030%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.74−0.090%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.95−0.064%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.41−0.006%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.59+0.016%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.73+0.034%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.26−0.025%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.54+0.009%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.80+0.042%$84.5M$13.5M200xas long as short
Binance BNBUSDT+0.0104%8h803.45−0.001%$518.1M$803.5M75xas long as short
Extended BNB-USD+0.0104%1h802.56−0.112%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.470.000%$386K$40K10xas long as short
SoDEX BNB-USD+0.0113%1h803.30−0.020%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0117%8h803.77+0.038%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50+0.005%$173K$35K10xas long as short
Hyperliquid BNB+0.0154%1h803.48+0.002%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.019%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h803.27−0.023%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h803.60+0.017%$18.9M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h803.38−0.010%$71K$49K12xas long as short
dYdX BNB-USD+0.0249%1h803.00−0.057%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0320%1h803.55+0.011%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h802.63−0.103%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.182%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0694%1h804.02+0.070%$3.0M$5.3M40xas long as short