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+0.0048%/8h= +5.2% APRnext payment +$0.48 per $10,000 · paid last 24h −0.001%
Price spread now: HTX against Aster−0.147%7-day average −0.095% · 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−$33as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.147%, 7d avg −0.095%
Together, before fees+0.052%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.052% cheaper against Aster than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.095%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT799.810.0052pay 0.0052% / 8h7h 15m$6.2M$19.4M200x
ShortHTX BNB-USDT798.630.0100get 0.0100% / 8h7h 15m$8.2M$8.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$9.98
Price spread: −0.147% → −0.095%
−$5.21
Slippage, 4 orders
−$7.86
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$23.08
Costs to cover
0.279%
Break-even
23.2 days
Slippage from Aster: live order book, 4 min ago; HTX: 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 ago0.50 bp4.7 bp −$55.2 bp −$5216.0 bp −$1,596doesn't fit
Sell HTX live order book, 4 min ago0.01 bp7.4 bp −$712.6 bp −$12647.2 bp −$4,723doesn'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%1h799.22−0.074%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h799.20−0.077%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.55−0.033%$4K$23925xas long as short
Gate BNB_USDT−0.0002%8h798.95−0.108%$35.9M$56.9M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.67−0.143%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.64−0.021%$864K$2.9M30xas long as short
Variational Omni BNB+0.0005%8h798.43−0.173%$4.1M$5.0Mas long as short
BingX BNB-USDT+0.0007%8h799.36−0.056%$35.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.28−0.066%$9.7M150xas long as short
Phemex BNBUSDT+0.0026%8h799.88+0.009%$69.8M$50.2M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.660%$19K$789K30xas long as short
Bybit BNBUSDT+0.0037%8h799.06−0.094%$138.7M$76.2M75xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07−0.093%$615K$1.1M50xas long as short
Aster BNBUSDTlong+0.0052%8h799.81long leg$6.2M$19.4M200x
MEXC BNB_USDT+0.0074%8h800.20+0.049%$83.2M$13.7M200xas long as short
Binance BNBUSDT+0.0075%8h799.88+0.009%$496.6M$811.1M75xas long as short
Lighter BNB+0.0096%1h799.50−0.039%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.98−0.104%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.50−0.164%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.21−0.076%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.20−0.076%$54.2M$111.0M50xas long as short
Arcus BNB-USD+0.0100%1h799.20−0.076%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.13−0.085%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.88−0.116%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.56−0.156%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.57−0.155%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.11−0.088%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.26−0.069%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.39−0.052%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.75−0.008%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.40−0.051%$393K$996K10xas long as short
HTX BNB-USDTshort+0.0100%8h798.63−0.147%$8.2M$8.3M75x
Paradex BNB-USD-PERP+0.0100%8h799.810.000%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.92−0.111%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h799.33−0.060%$384K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.251%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h799.17−0.080%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0159%8h799.60−0.026%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h799.65−0.020%$18.1M$2.6M75xas long as short
dYdX BNB-USD+0.0196%1h798.51−0.163%$161K$63K10xas long as short
01 Exchange BNBUSD+0.0200%1h799.33−0.060%$28K$1K10xas long as short
Hibachi BNB/USDT-P+0.0288%1h798.98−0.104%$68K$38K12xas long as short
Hyperliquid BNB+0.0293%1h799.99+0.023%$53.2M$20.3M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h799.75−0.008%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0330%1h798.81−0.125%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0428%1h800.06+0.031%$2.7M$5.7M40xas long as short