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−0.0017%/8h= −1.8% APRnext payment $0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance+0.001%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.001%, 7d avg +0.001%
Together, before fees−0.019%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT803.450.0104pay 0.0104% / 8h2h 41m$518.1M$803.5M75x
ShortAster BNBUSDT803.460.0087get 0.0087% / 8h2h 41m$6.4M$18.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$3.52
Price spread: +0.001% → +0.001%
$0
Slippage, 4 orders
−$2.53
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$24.06
Costs to cover
0.205%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Aster: live order book, 3 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, 3 min ago0.06 bp5.5 bp −$66.8 bp −$6814.7 bp −$1,467doesn't fit
Sell Aster live order book, 3 min ago0.68 bp4.8 bp −$55.8 bp −$5818.7 bp −$1,875doesn'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%1h802.87−0.073%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.57+0.014%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.09−0.045%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.80+0.043%$122K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.92+0.058%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.88−0.072%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.37−0.010%$2.5M$910K50xas long as short
Variational Omni BNB+0.0059%8h802.25−0.149%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0068%8h803.02−0.054%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h802.34−0.139%$138.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDTshort+0.0087%8h803.46+0.001%$6.4M$18.8M200x
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.067%$608K$888K50xas long as short
Lighter BNB+0.0096%1h802.94−0.064%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.56−0.111%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.95−0.063%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.094%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.20−0.032%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.65−0.100%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.66−0.099%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.48−0.121%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.30−0.020%$4.2M$77.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.22−0.029%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.74−0.089%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.95−0.063%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.41−0.005%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.59+0.017%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.73+0.035%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.26−0.024%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.54+0.010%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.80+0.043%$84.5M$13.5M200xas long as short
Binance BNBUSDTlong+0.0104%8h803.45long leg$518.1M$803.5M75x
Extended BNB-USD+0.0104%1h802.56−0.111%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.47+0.001%$386K$40K10xas long as short
SoDEX BNB-USD+0.0113%1h803.30−0.019%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0117%8h803.77+0.039%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50+0.006%$173K$35K10xas long as short
Hyperliquid BNB+0.0154%1h803.48+0.003%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.019%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h803.27−0.022%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h803.60+0.018%$18.9M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h803.38−0.009%$71K$49K12xas long as short
dYdX BNB-USD+0.0249%1h803.00−0.056%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0320%1h803.55+0.012%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h802.63−0.102%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.182%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0694%1h804.02+0.070%$3.0M$5.3M40xas long as short