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 04:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.003%
Price spread now: Arcus against Binance+0.066%56s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.278% of the position
Long on BinanceShort on Arcus
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.066%, 7d avg +0.015%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.051% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT790.180.0069pay 0.0069% / 8h4h 52m$493.1M$789.8M75x
ShortArcus BNB-USD790.700.0100get 0.0013% / 1h52m 39s$52K$130K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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
$6.46
Price spread: +0.066% → +0.015%
$5.07
Slippage, 4 orders
−$13.31
Fee Binance: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$16.28
Costs to cover
0.278%
Break-even
24.6 days
Slippage from Binance: live order book, 6 min ago; Arcus: live order book, 5 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 Binance live order book, 6 min ago0.06 bp5.2 bp −$57.0 bp −$7018.4 bp −$1,837doesn't fit
Sell Arcus live order book, 5 min ago3.16 bp8.6 bp −$919.4 bp −$194doesn'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 −0.0182% / S +0.0348%1h790.57+0.049%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.07+0.113%$4K$4225xas long as short
StandX BNB-USD0.0000%1h791.78+0.202%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.63+0.057%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.887%$19K$789K30xas long as short
Aster BNBUSDT+0.0046%8h790.65+0.059%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0056%8h790.36+0.023%—$13.4M—as long as short
Phemex BNBUSDT+0.0064%8h791.26+0.137%$69.3M$49.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64+0.058%$583K$1.9M50xas long as short
Binance BNBUSDTlong+0.0069%8h790.18long leg$493.1M$789.8M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0070%8h790.50+0.040%$80.2M$12.2M200xas long as short
Lighter BNB+0.0096%1h789.92−0.033%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.69+0.065%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.30+0.015%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.82+0.081%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h790.16−0.003%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.40−0.099%$138.9M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.50−0.086%$53.4M$111.5M50xas long as short
Arcus BNB-USDshort+0.0100%1h790.70+0.066%$52K$130K10x
Gate BNB_USDT+0.0100%8h790.25+0.009%$35.4M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h790.07−0.014%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.83−0.044%$76.5M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.93+0.095%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h790.82+0.081%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h791.43+0.158%$4.1M$74.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.180.000%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.37+0.024%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h790.80+0.078%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.91+0.093%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.80+0.078%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.76+0.074%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.37+0.025%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.94−0.031%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.62+0.056%$380K$110K10xas long as short
dYdX BNB-USD+0.0114%1h789.76−0.053%$160K$64K10xas long as short
Phoenix BNB+0.0117%1h791.15+0.123%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h790.47+0.037%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0184%8h791.00+0.104%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0190%8h791.19+0.128%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0232%1h791.04+0.109%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h790.53+0.044%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0296%1h791.64+0.185%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.16+0.124%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h790.05−0.017%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h790.81+0.080%$1.1M$976K20xas long as short
Hibachi BNB/USDT-P+0.0544%1h791.01+0.106%$68K$38K12xas long as short