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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h −0.003%
Price spread now: SoDEX against Aster−0.152%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.026%+$3 on $10k
Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.152%, 7d avg −0.062%
Together, before fees+0.051%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.091% cheaper against Aster than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.062%). If the spread goes back, that is −$9 on $10k: about 4.2 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.026% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT807.030.0105pay 0.0105% / 8h1h 42m$6.4M$18.8M200x
ShortSoDEX BNB-USD805.800.0177get 0.0022% / 1h42m 42s$396K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$14.99
Price spread: −0.152% → −0.062%
−$9.05
Slippage, 4 orders
−$3.32
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$13.38
Costs to cover
0.193%
Break-even
13.2 days
Slippage from Aster: live order book, 1 min ago; SoDEX: live order book, 1 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, 1 min ago0.68 bp4.8 bp −$55.6 bp −$5620.8 bp −$2,077doesn't fit
Sell SoDEX live order book, 1 min ago0.62 bp4.6 bp −$58.7 bp −$8780.3 bp −$8,025doesn'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%1h805.65−0.170%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.36−0.083%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.21−0.102%$3.0M$29.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.30−0.090%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.76−0.157%$871K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.73−0.161%$9.8M150xas long as short
Variational Omni BNB+0.0048%8h804.97−0.255%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h806.44−0.073%$34.5Mas long as short
Hibachi BNB/USDT-P+0.0080%1h805.82−0.150%$71K$48K12xas long as short
Bybit BNBUSDT+0.0083%8h806.10−0.115%$139.6M$81.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.54−0.061%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.185%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h805.67−0.168%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h806.62−0.050%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.30−0.090%$55.1M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.80−0.028%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.30−0.090%$36.1M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.20−0.103%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.11−0.114%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h806.31−0.090%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.49−0.067%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.87−0.144%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.67−0.169%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.82−0.150%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.36−0.084%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.84−0.147%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.01−0.003%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.03−0.124%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.85−0.146%$387K$40K10xas long as short
Aster BNBUSDTlong+0.0105%8h807.03long leg$6.4M$18.8M200x
MEXC BNB_USDT+0.0120%8h807.00−0.004%$84.7M$13.4M200xas long as short
Binance BNBUSDT+0.0121%8h807.05+0.002%$521.3M$803.5M75xas long as short
Phemex BNBUSDT+0.0131%8h806.42−0.076%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h806.22−0.100%$173K$35K10xas long as short
SoDEX BNB-USDshort+0.0177%1h805.80−0.152%$396K$1.0M10x
Hyperliquid BNB+0.0193%1h807.21+0.022%$52.0M$22.1M10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.74−0.160%$2.5M$929K50xas long as short
dYdX BNB-USD+0.0205%1h805.84−0.148%$162K$63K10xas long as short
BloFin BNB-USDT+0.0241%8h806.53−0.062%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55−0.183%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.12−0.113%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.240%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.17−0.106%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.52−0.187%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h806.80−0.028%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0715%1h806.97−0.007%$3.0M$5.5M40xas long as short