Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0217%/8h= +23.7% APRpaid last 24h +0.054%

Price spread now: 01 Exchange against Aster+0.007%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	800.56	0.0095	pay 0.0095% / 8h	33m 20s	$6.3M	$19.0M	200x
Short	01 Exchange BNBUSD	800.62	0.0312	get 0.0039% / 1h	33m 20s	$28K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee AsterbpFee 01 ExchangebpOrdersPrice spread, now +0.007%Rate

Funding earned: $45.5
Price spread: +0.007% → 0.000%: $0.75
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $31.25
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: Aster: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 6 min ago	0.13 bp	4.2 bp −$4	6.2 bp −$62	19.7 bp −$1,966	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0201% / S +0.0372%	1h	799.99	−0.071%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.25	−0.039%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	799.70	−0.107%	$2.5M	$972K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	+0.054%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.83	+0.034%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.02	−0.067%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0021%	8h	799.96	−0.075%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0045%	8h	800.02	−0.067%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0050%	8h	799.70	−0.107%	$138.8M	$78.2M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	+0.020%	$607K	$994K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDTlong	+0.0095%	8h	800.56	long leg	$6.3M	$19.0M	200x
Lighter BNB	+0.0096%	1h	800.08	−0.060%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.65	−0.114%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.04	−0.064%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.70	−0.107%	$54.5M	$113.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.40	−0.020%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	799.75	−0.101%	$35.8M	$57.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.84	−0.090%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.78	−0.097%	$79.3M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.06	+0.063%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.03	+0.059%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.85	−0.089%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.88	−0.085%	$387K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.16	−0.050%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.44	−0.014%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.10	−0.057%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.40	−0.020%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.47	−0.011%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.51	−0.131%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.14	−0.053%	$384K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0112%	8h	800.53	−0.004%	$69.9M	$50.7M	50x	as long as short
Kalshi KXBNBPERP	+0.0116%	8h	800.40	−0.020%	$110K	$2.9M	4.8x	as long as short
Binance BNBUSDT	+0.0117%	8h	800.50	−0.007%	$500.0M	$815.9M	75x	as long as short
MEXC BNB_USDT	+0.0118%	8h	800.90	+0.042%	$83.2M	$13.5M	200x	as long as short
Phoenix BNB	+0.0127%	1h	800.57	+0.001%	$172K	$36K	10x	as long as short
Hyperliquid BNB	+0.0188%	1h	800.62	+0.007%	$51.9M	$21.0M	10x	as long as short
Hibachi BNB/USDT-P	+0.0200%	1h	800.34	−0.027%	$70K	$44K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	800.38	−0.022%	$1.6M	$165K	25x	as long as short
BloFin BNB-USDT	+0.0237%	8h	800.43	−0.016%	$18.2M	$2.5M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	800.10	−0.057%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0305%	1h	801.82	+0.157%	$651K	$20K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.566%	$19K	$789K	30x	as long as short
01 Exchange BNBUSDshort	+0.0312%	1h	800.62	+0.007%	$28K	$1K	10x
Reya BNBRUSDPERP	+0.0332%	1h	799.54	−0.128%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0401%	1h	800.10	−0.057%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0414%	1h	800.70	+0.017%	$2.7M	$5.7M	40x	as long as short