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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against Aster−0.010%62s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$24 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.010%, 7d avg +0.003%
Together, before fees+0.112%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT792.180.0043pay 0.0043% / 8h4h 30m$6.1M$18.7M200x
ShortBloFin BNB-USDT792.100.0186get 0.0186% / 8h4h 30m$18.2M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$30.02
Price spread: −0.010% → +0.003%
−$1.34
Slippage, 4 orders
−$2.05
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$6.63
Costs to cover
0.221%
Break-even
5.5 days
Slippage from Aster: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago0.63 bp5.0 bp −$56.6 bp −$6620.6 bp −$2,056doesn't fit
Sell BloFin live order book, 4 min ago0.13 bp6.1 bp −$67.1 bp −$7116.8 bp −$1,685doesn'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 −0.0186% / S +0.0351%1h791.40−0.098%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h792.31+0.016%$4K$4225xas long as short
StandX BNB-USD0.0000%1h791.66−0.066%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h791.44−0.093%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.630%$19K$789K30xas long as short
Aster BNBUSDTlong+0.0043%8h792.18long leg$6.1M$18.7M200x
BingX BNB-USDT+0.0052%8h791.86−0.040%$34.4Mas long as short
Phemex BNBUSDT+0.0059%8h792.21+0.004%$69.3M$49.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45−0.345%$582K$1.9M50xas long as short
MEXC BNB_USDT+0.0066%8h792.60+0.053%$80.4M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0066%8h792.28+0.013%$494.6M$788.8M75xas long as short
Lighter BNB+0.0096%1h791.79−0.049%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.70−0.061%$266K$492K50xas long as short
Nado BNB-PERP+0.0100%1h791.40−0.098%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.60+0.053%$52.0M$17.6M10xas long as short
Pacifica BNB+0.0100%1h792.16−0.003%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h791.60−0.073%$139.2M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.70−0.061%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h792.00−0.023%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.85−0.042%$35.5M$56.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.49−0.087%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h791.58−0.076%$76.6M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h792.28+0.013%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.31−0.110%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.56−0.331%$4.1M$73.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.95−0.155%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.40−0.098%$134K$950K10xas long as short
Derive BNB-PERP+0.0100%1h791.77−0.051%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.19+0.001%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.80−0.048%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h791.51−0.085%$8.1M$9.4M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h792.55+0.046%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.24−0.119%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.70−0.060%$380K$110K10xas long as short
Phoenix BNB+0.0117%1h789.61−0.324%$170K$35K10xas long as short
dYdX BNB-USD+0.0134%1h791.21−0.123%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0139%8h789.87−0.292%$2.9M$28.3M10xas long as short
Kalshi KXBNBPERP+0.0180%8h792.20+0.003%$125K$2.7M4.8xas long as short
BloFin BNB-USDTshort+0.0186%8h792.10−0.010%$18.2M$2.2M75x
01 Exchange BNBUSD+0.0232%1h792.21+0.004%$28K$4K10xas long as short
Bulk BNB-USD+0.0245%1h789.82−0.298%$640K$9K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h791.55−0.080%$2.5M$1.2M50xas long as short
Reya BNBRUSDPERP+0.0326%1h791.20−0.123%$6K$3K40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h792.10−0.010%$1.5M$143K25xas long as short
Hibachi BNB/USDT-P+0.0432%1h791.58−0.076%$68K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h792.13−0.007%$1.1M$973K20xas long as short