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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.001%
Price spread now: SoDEX against Binance−0.008%45s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.209% of the position
Long on BinanceShort on SoDEX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.008%, 7d avg −0.062%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SoDEX is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.062%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT787.260.0048pay 0.0048% / 8h2h 56m$490.1M$805.2M75x
ShortSoDEX BNB-USD787.200.0166get 0.0021% / 1h56m 33s$387K$999K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$24.75
Price spread: −0.008% → −0.062%
$5.38
Slippage, 4 orders
−$2.85
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$9.28
Costs to cover
0.209%
Break-even
4.4 days
Slippage from Binance: live order book, 2 min ago; SoDEX: 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, 2 min ago0.06 bp5.1 bp −$55.8 bp −$5816.0 bp −$1,605doesn't fit
Sell SoDEX live order book, 2 min ago0.64 bp4.6 bp −$58.5 bp −$8582.0 bp −$8,199doesn'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 −0.0192% / S +0.0356%1h786.98−0.036%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.27−0.126%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.20−0.008%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h787.79+0.067%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.99−0.035%$9.5M—150xas long as short
Aster BNBUSDT+0.0027%8h787.18−0.011%$6.1M$19.1M200xas long as short
BingX BNB-USDC+0.0033%8h786.67−0.075%—$13.4M—as long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.264%$19K$789K30xas long as short
MEXC BNB_USDT+0.0047%8h787.60+0.043%$79.8M$11.8M200xas long as short
Binance BNBUSDTlong+0.0048%8h787.26long leg$490.1M$805.2M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0048%8h787.71+0.057%$68.9M$50.7M50xas long as short
Kraken Futures PF_BNBUSD+0.0069%1h787.02−0.030%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.21−0.007%$579K$1.9M50xas long as short
Phoenix BNB+0.0092%1h786.98−0.036%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.70−0.071%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.13−0.017%$265K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.60−0.084%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.19−0.009%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h786.83−0.056%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.70−0.072%$138.2M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.097%$53.4M$111.8M50xas long as short
Arcus BNB-USD+0.0100%1h786.80−0.059%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.55−0.091%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.33−0.119%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.28−0.125%$76.1M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.42+0.020%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.81−0.057%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h787.50+0.030%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.95+0.087%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.50−0.097%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h787.22−0.006%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.77+0.065%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.74−0.067%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.88−0.048%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.29−0.123%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.15−0.014%$378K$110K10xas long as short
dYdX BNB-USD+0.0151%1h786.94−0.041%$159K$61K10xas long as short
SoDEX BNB-USDshort+0.0166%1h787.20−0.008%$387K$999K10x
BloFin BNB-USDT+0.0167%8h787.55+0.036%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0188%8h787.83+0.072%$2.9M$28.9M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.58+0.041%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0223%1h788.23+0.123%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0312%1h787.31+0.006%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h786.45−0.103%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h786.90−0.046%$1.1M$908K20xas long as short
Hibachi BNB/USDT-P+0.0440%1h787.31+0.006%$67K$39K12xas long as short