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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 22:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.054%
Price spread now: Reya against Binance−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Reya
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.125% cheaper against Binance than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 44 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT804.520.0106pay 0.0106% / 8h2h 30m$519.1M$803.1M75x
ShortReya BNBRUSDPERP803.520.0334get 0.0042% / 1h30m 13s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$47.86
Price spread: −0.125% → 0.000%
−$12.48
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$19.39
Costs to cover
0.160%
Break-even
4.2 days
Slippage unknown: Binance: live order book, 14 min ago; Reya: no order-book sample. Net counts fees only.

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, 14 min ago0.06 bp5.5 bp −$66.8 bp −$6814.7 bp −$1,467doesn't fit
Sell Reya no order-book sample—————
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h803.78−0.092%$48K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h804.19−0.041%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.90−0.078%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.60+0.010%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.20−0.040%$869K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.86−0.082%$9.8M—150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.90−0.077%$2.5M$909K50xas long as short
Variational Omni BNB+0.0049%8h803.71−0.100%$4.0M$5.4M—as long as short
BingX BNB-USDC+0.0054%8h804.09−0.053%—$13.3M—as long as short
Bybit BNBUSDT+0.0075%8h803.50−0.127%$139.3M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.19−0.041%$609K$878K50xas long as short
Aster BNBUSDT+0.0090%8h804.51−0.001%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h804.05−0.059%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.88−0.080%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.34−0.022%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.70−0.102%$55.1M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h804.30−0.027%$53K$165K10xas long as short
Gate BNB_USDT+0.0100%8h803.80−0.089%$35.9M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.74−0.097%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h803.79−0.091%$79.1M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h804.49−0.003%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.32−0.025%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.74−0.097%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.87−0.081%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.97−0.068%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.80+0.035%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.31−0.026%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.07−0.056%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.81+0.035%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h803.45−0.132%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h804.04−0.060%$386K$40K10xas long as short
MEXC BNB_USDT+0.0106%8h804.90+0.047%$84.4M$13.6M200xas long as short
Binance BNBUSDTlong+0.0106%8h804.52long leg$519.1M$803.1M75x
Phemex BNBUSDT+0.0125%8h804.520.000%$70.2M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.93−0.073%$173K$35K10xas long as short
Hyperliquid BNB+0.0157%1h804.49−0.004%$51.7M$21.3M10xas long as short
SoDEX BNB-USD+0.0175%1h803.90−0.077%$395K$1.0M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.022%$650K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.38−0.017%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0226%8h804.88+0.045%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h804.11−0.051%$71K$48K12xas long as short
dYdX BNB-USD+0.0277%1h804.28−0.030%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0328%1h804.86+0.042%$28K$1K10xas long as short
Reya BNBRUSDPERPshort+0.0334%1h803.52−0.125%$6K$3K40x
Injective BNB/USDC PERP+0.0353%1h804.92+0.050%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0660%1h805.11+0.073%$3.0M$5.4M40xas long as short