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−0.0004%/8h= −0.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Binance−0.116%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days−0.013%−$1 · spread now −0.116%, 7d avg −0.130%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT803.410.0104pay 0.0104% / 8h2h 40m$518.1M$803.6M75x
ShortBitget BNBUSDT802.480.0100get 0.0100% / 8h2h 40m$79.0M$24.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$0.76
Price spread: −0.116% → −0.130%
$1.42
Slippage, 4 orders
−$3.84
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$25.18
Costs to cover
0.258%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: 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 Bitget live order book, 3 min ago0.06 bp7.7 bp −$89.0 bp −$9021.0 bp −$2,101doesn'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%1h802.87−0.067%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.57+0.020%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.09−0.040%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20−0.026%$122K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.92+0.063%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.88−0.067%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.05−0.045%$2.5M$910K50xas long as short
Variational Omni BNB+0.0059%8h802.25−0.144%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0068%8h802.86−0.068%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h802.40−0.126%$138.7M$82.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0087%8h803.49+0.010%$6.4M$18.8M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.072%$608K$880K50xas long as short
Lighter BNB+0.0096%1h803.10−0.039%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.56−0.105%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.13−0.035%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.088%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.00−0.051%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.55−0.107%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.69−0.090%$28.1M$10.5M75xas long as short
Bitget BNBUSDTshort+0.0100%8h802.48−0.116%$79.0M$24.5M75x
edgeX BNBUSDC+0.0100%4h803.30−0.014%$4.2M$77.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.22−0.024%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.74−0.083%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.95−0.057%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.04−0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.49+0.010%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.42+0.002%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h802.91−0.062%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.56+0.019%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.70+0.036%$84.5M$13.5M200xas long as short
Binance BNBUSDTlong+0.0104%8h803.41long leg$518.1M$803.6M75x
Extended BNB-USD+0.0104%1h802.57−0.104%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.17−0.030%$386K$40K10xas long as short
SoDEX BNB-USD+0.0114%1h802.90−0.063%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0119%8h803.49+0.010%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50+0.011%$173K$35K10xas long as short
Hyperliquid BNB+0.0153%1h803.47+0.007%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.025%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h803.27−0.017%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0224%8h803.58+0.021%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h803.38−0.004%$71K$49K12xas long as short
dYdX BNB-USD+0.0251%1h803.00−0.051%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0320%1h803.55+0.017%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h802.63−0.097%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.188%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0687%1h803.82+0.051%$3.0M$5.3M40xas long as short