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+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Aster−0.035%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days−0.074%−$7 · spread now −0.035%, 7d avg −0.108%
Together, before fees−0.041%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.073% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT803.080.0086pay 0.0086% / 8h2h 38m$6.4M$18.8M200x
ShortOKX BNB-USDT-SWAP802.800.0100get 0.0100% / 8h2h 38m$55.1M$115.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$3.03
Price spread: −0.035% → −0.108%
$7.35
Slippage, 4 orders
−$3.72
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$11.34
Costs to cover
0.217%
Break-even
33.2 days
Slippage from Aster: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago0.68 bp5.2 bp −$56.6 bp −$6619.8 bp −$1,980doesn't fit
Sell OKX live order book, 6 min ago0.62 bp6.1 bp −$68.3 bp −$8315.6 bp −$1,560doesn'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 −0.0195% / S +0.0371%1h803.00−0.010%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.88−0.025%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28+0.025%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20+0.015%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.58+0.062%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.03−0.007%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.12−0.119%$2.5M$910K50xas long as short
Variational Omni BNB+0.0055%8h802.35−0.090%$4.0M$5.4Mas long as short
BingX BNB-USDC+0.0062%8h802.83−0.031%$13.3Mas long as short
Bybit BNBUSDT+0.0080%8h802.41−0.083%$138.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDTlong+0.0086%8h803.08long leg$6.4M$18.8M200x
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.113%$608K$878K50xas long as short
Lighter BNB+0.0096%1h802.56−0.065%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.34−0.092%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.67−0.051%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h802.80−0.035%$55.1M$115.3M50x
Arcus BNB-USD+0.0100%1h802.80−0.035%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.70−0.047%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.43−0.081%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.40−0.085%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.51+0.053%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43+0.044%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.58−0.062%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.07−0.001%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.45−0.079%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.92−0.020%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.78−0.038%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h802.64−0.054%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.23+0.019%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.80+0.090%$84.3M$13.6M200xas long as short
Binance BNBUSDT+0.0103%8h803.59+0.064%$518.2M$803.1M75xas long as short
Extended BNB-USD+0.0104%1h802.74−0.043%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.28+0.025%$386K$40K10xas long as short
SoDEX BNB-USD+0.0117%1h802.30−0.097%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0122%8h802.86−0.027%$70.0M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50+0.052%$173K$35K10xas long as short
Hyperliquid BNB+0.0149%1h803.40+0.040%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.066%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.93−0.018%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h802.88−0.025%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h802.85−0.028%$71K$49K12xas long as short
dYdX BNB-USD+0.0259%1h802.24−0.105%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h803.37+0.036%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h802.56−0.064%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.229%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0680%1h803.34+0.032%$3.0M$5.3M40xas long as short