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+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: HTX against Binance−0.085%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now −0.085%, 7d avg −0.095%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT800.120.0097pay 0.0097% / 8h1m 13s$498.1M$818.7M75x
ShortHTX BNB-USDT799.440.0100get 0.0100% / 8h1m 13s$8.2M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0.54
Price spread: −0.085% → −0.095%
$0.98
Slippage, 4 orders
−$8.38
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$28.86
Costs to cover
0.304%
Break-even
382.8 days
Slippage from Binance: live order book, 13 min ago; HTX: 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, 13 min ago0.06 bp5.1 bp −$55.3 bp −$5312.4 bp −$1,243doesn't fit
Sell HTX live order book, 3 min ago2.15 bp10.1 bp −$1014.5 bp −$14548.8 bp −$4,879doesn'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 −0.0201% / S +0.0372%1h799.37−0.094%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.62−0.062%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.42−0.087%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.72−0.175%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.71−0.051%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.38−0.092%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84−0.160%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0030%8h799.54−0.072%$13.3Mas long as short
Bybit BNBUSDT+0.0040%8h799.34−0.097%$138.8M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.68−0.180%$602K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0077%8h800.00−0.015%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0092%8h800.10−0.002%$70.0M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.81−0.039%$2.8M$4.1M20xas long as short
Binance BNBUSDTlong+0.0097%8h800.12long leg$498.1M$818.7M75x
MEXC BNB_USDT+0.0098%8h800.50+0.047%$83.2M$13.6M200xas long as short
Nado BNB-PERP+0.0100%1h798.95−0.146%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.51−0.076%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.30−0.102%$54.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.40−0.090%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.30−0.102%$35.7M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.54−0.072%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h799.36−0.095%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62−0.062%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.34−0.097%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.20−0.115%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.46−0.082%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.65−0.058%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.77−0.043%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70−0.052%$393K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h799.44−0.085%$8.2M$8.1M75x
Paradex BNB-USD-PERP+0.0100%8h799.92−0.025%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.20−0.115%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.64−0.060%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h798.37−0.219%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.11−0.126%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0155%8h799.80−0.040%$90K$2.9M4.8xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.162%$649K$17K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.02−0.012%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0217%8h800.120.000%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0250%1h800.39+0.034%$52.6M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h799.34−0.098%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h799.73−0.049%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.621%$19K$789K30xas long as short
Backpack BNB_USDC_PERP+0.0312%1h799.90−0.027%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0329%1h798.88−0.155%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h798.91−0.151%$6K$3K40xas long as short