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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0246%/8h= +26.9% APRpaid last 24h +0.017%
Price spread now: Deribit against Aster+0.028%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Long on AsterShort on Deribit
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.028%, 7d avg −0.038%
Together, before fees+0.092%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT798.750.0054pay 0.0054% / 8h7h 19m$6.2M$19.4M200x
ShortDeribit BNB_USDC-PERPETUAL798.980.0300get 0.0037% / 1h19m 39s$1.6M$161K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$51.65
Price spread: +0.028% → −0.038%
$6.69
Slippage, 4 orders
−$12.83
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$30.5
Costs to cover
0.278%
Break-even
2.9 days
Slippage from Aster: live order book, 4 min ago; Deribit: 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 ago0.69 bp4.7 bp −$55.4 bp −$5416.8 bp −$1,683doesn't fit
Sell Deribit live order book, 4 min ago2.06 bp9.4 bp −$915.6 bp −$156doesn't fitdoesn'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%1h798.39−0.045%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.48−0.034%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.74−0.001%$4K$23925xas long as short
Gate BNB_USDT−0.0010%8h798.05−0.088%$35.9M$56.8M75xas long as short
BingX BNB-USDT−0.0007%8h798.44−0.039%—$35.0M—as long as short
GRVT BNB_USDT_Perp0.0000%8h798.85+0.013%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.19+0.055%$864K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72−0.129%$4.1M$5.0M—as long as short
Phemex BNBUSDT+0.0006%8h799.12+0.046%$69.8M$50.2M50xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.43−0.040%$9.7M—150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BNBUSDT+0.0009%8h798.20−0.069%$138.6M$76.3M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.794%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.040%$615K$1.1M50xas long as short
Aster BNBUSDTlong+0.0054%8h798.75long leg$6.2M$19.4M200x
MEXC BNB_USDT+0.0076%8h799.30+0.069%$83.1M$13.7M200xas long as short
Binance BNBUSDT+0.0076%8h798.88+0.016%$496.0M$811.2M75xas long as short
Lighter BNB+0.0096%1h798.47−0.035%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.047%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.85−0.113%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.53−0.027%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.30−0.057%$54.2M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.60−0.019%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.11−0.080%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.06−0.087%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.91+0.019%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.95+0.025%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.15−0.075%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.54−0.026%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.64−0.014%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.62−0.017%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.70−0.006%$393K$997K10xas long as short
HTX BNB-USDT+0.0100%8h798.09−0.083%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.96+0.026%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h797.92−0.104%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.57−0.023%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.066%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.40−0.043%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h799.10+0.044%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0197%8h798.81+0.007%$18.0M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.86+0.014%$28K$1K10xas long as short
dYdX BNB-USD+0.0200%1h798.40−0.044%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h799.00+0.031%$68K$38K12xas long as short
Hyperliquid BNB+0.0299%1h798.99+0.030%$53.1M$20.3M10xas long as short
Deribit BNB_USDC-PERPETUALshort+0.0300%1h798.98+0.028%$1.6M$161K25x
Reya BNBRUSDPERP+0.0330%1h797.86−0.112%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0411%1h799.63+0.110%$2.7M$5.7M40xas long as short