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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.076%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.051%+$5 · spread now +0.076%, 7d avg +0.104%
Together, before fees+0.050%+$5 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: MEXC is 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT786.710.0064pay 0.0064% / 8h1h 37m$490.1M$814.8M75x
ShortMEXC BNB_USDT787.300.0064get 0.0064% / 8h1h 37m$81.0M$12.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.09
Price spread: +0.076% → +0.104%
−$2.83
Slippage, 4 orders
−$3.26
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$20.18
Costs to cover
0.173%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 2 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, 7 min ago0.06 bp5.2 bp −$57.9 bp −$7916.9 bp −$1,691doesn't fit
Sell MEXC live order book, 2 min ago0.63 bp4.4 bp −$48.1 bp −$8120.2 bp −$2,02335.4 bp −$17.7K

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 −0.0170% / S +0.0337%1h786.02−0.087%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.49−0.027%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.63−0.010%$848K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.91−0.101%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.337%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h786.710.000%$6.0M$18.9M200xas long as short
BingX BNB-USDT+0.0052%8h786.25−0.058%$22.3Mas long as short
MEXC BNB_USDTshort+0.0064%8h787.30+0.076%$81.0M$12.0M200x
Binance BNBUSDTlong+0.0064%8h786.71long leg$490.1M$814.8M75x
dYdX BNB-USD+0.0065%1h785.68−0.131%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h786.55−0.020%$68.8M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.022%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.23−0.061%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.00−0.090%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.72+0.002%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.37−0.042%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.91−0.101%$138.3M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.00−0.090%$53.4M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h786.30−0.052%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.15−0.071%$37.2M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.85−0.109%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.94−0.097%$76.1M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.43−0.035%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.91−0.101%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.30−0.051%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.60−0.013%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.98−0.092%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.14−0.072%$264K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.14−0.072%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.53−0.022%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.30−0.052%$387K$983K10xas long as short
HTX BNB-USDT+0.0100%8h786.07−0.081%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.64−0.009%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.76−0.121%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.13−0.073%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.77+0.008%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0138%8h786.40−0.039%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0185%8h786.74+0.004%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.55−0.020%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h785.95−0.096%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h787.18+0.060%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0256%1h786.67−0.005%$28K$4K10xas long as short
Bulk BNB-USD+0.0305%1h787.08+0.048%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h785.81−0.114%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.40−0.039%$1.1M$914K20xas long as short
Hibachi BNB/USDT-P+0.0536%1h786.12−0.074%$67K$39K12xas long as short