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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.016%
Price spread now: BingX against Binance−0.054%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.013%−$1 · spread now −0.054%, 7d avg −0.094%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT783.770.0049pay 0.0049% / 8h24m 06s$486.8M$817.7M75x
ShortBingX BNB-USDC783.350.0040get 0.0040% / 8h24m 06s$13.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$1.84
Price spread: −0.054% → −0.094%
$4.01
Slippage, 4 orders
−$7.2
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.03
Costs to cover
0.272%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago0.06 bp5.1 bp −$55.8 bp −$5815.4 bp −$1,538doesn't fit
Sell BingX live order book, 4 min ago0.32 bp9.4 bp −$911.6 bp −$11623.9 bp −$2,38671.3 bp −$35.7K

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 −0.0168% / S +0.0337%1h783.47−0.038%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.36+0.075%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h783.28−0.062%$2.5M$1.2M50xas long as short
Variational Omni BNB0.0000%8h783.51−0.034%$4.0M$4.7Mas long as short
StandX BNB-USD0.0000%1h784.90+0.144%$846K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.50−0.035%$9.4M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.720%$19K$789K30xas long as short
Aster BNBUSDT+0.0035%8h783.78+0.002%$6.0M$18.7M200xas long as short
BingX BNB-USDCshort+0.0040%8h783.35−0.054%$13.4M
Binance BNBUSDTlong+0.0049%8h783.77long leg$486.8M$817.7M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0049%8h784.30+0.068%$80.7M$12.0M200xas long as short
Phemex BNBUSDT+0.0076%8h783.79+0.003%$68.4M$51.3M50xas long as short
dYdX BNB-USD+0.0092%1h784.24+0.060%$159K$62K10xas long as short
Lighter BNB+0.0096%1h783.36−0.052%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.24+0.188%$163K$35K10xas long as short
Nado BNB-PERP+0.0100%1h783.50−0.034%$1.3M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h783.84+0.009%$51.3M$17.5M10xas long as short
Pacifica BNB+0.0100%1h784.05+0.036%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h783.00−0.098%$137.8M$74.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h783.00−0.098%$53.3M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h783.90+0.017%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h783.25−0.066%$38.4M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h782.90−0.111%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h782.87−0.115%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h783.63−0.018%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h785.11+0.171%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.72+0.249%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h783.47−0.038%$131K$944K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h783.36−0.052%$263K$405K50xas long as short
Derive BNB-PERP+0.0100%1h783.41−0.046%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.29+0.066%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h783.40−0.047%$385K$969K10xas long as short
HTX BNB-USDT+0.0100%8h783.85+0.011%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.23+0.059%$78K$17K50xas long as short
Kalshi KXBNBPERP+0.0103%8h784.30+0.068%$171K$2.7M4.8xas long as short
Extended BNB-USD+0.0104%1h782.74−0.131%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h783.29−0.062%$376K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h783.56−0.027%$546K$1.9M50xas long as short
BloFin BNB-USDT+0.0169%8h784.58+0.103%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h783.75−0.003%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0208%1h785.53+0.225%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0219%8h785.10+0.170%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0248%1h784.23+0.059%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h782.78−0.126%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h783.94+0.022%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0464%1h784.26+0.063%$67K$39K12xas long as short