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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.1% APRpaid last 24h −0.033%
Price spread now: StandX against Binance+0.065%47s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.065%, 7d avg +0.004%
Together, before fees−0.209%+ Points / potential airdropStandX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.004%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT785.070.0046pay 0.0046% / 8h1m 35s$488.3M$813.5M75x
ShortStandX BNB-USD785.580get 0.0000% / 1h1m 35s$847K$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$9.75
Price spread: +0.065% → +0.004%
$6.09
Slippage, 4 orders
−$13.99
Fee Binance: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$35.65
Costs to cover
0.320%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; StandX: 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, 12 min ago0.06 bp5.1 bp −$55.1 bp −$5114.4 bp −$1,435doesn't fit
Sell StandX live order book, 2 min ago3.06 bp13.5 bp −$1416.1 bp −$16155.4 bp −$5,542doesn'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 −0.0168% / S +0.0337%1h784.39−0.087%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.84−0.029%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.38−0.088%$2.5M$1.2M50xas long as short
StandX BNB-USDshort0.0000%1h785.58+0.065%$847K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.48−0.075%$9.5M150xas long as short
Aster BNBUSDT+0.0030%8h785.09+0.003%$5.9M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.550%$19K$789K30xas long as short
BingX BNB-USDC+0.0038%8h784.97−0.013%$13.4Mas long as short
MEXC BNB_USDT+0.0046%8h785.90+0.106%$81.1M$12.1M200xas long as short
Binance BNBUSDTlong+0.0046%8h785.07long leg$488.3M$813.5M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0082%8h785.12+0.006%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.73−0.043%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.57+0.064%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.30−0.098%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.12+0.006%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.81−0.033%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.40−0.085%$138.1M$73.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.50−0.073%$53.4M$111.4M50xas long as short
Arcus BNB-USD+0.0100%1h784.70−0.047%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.066%$38.6M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.25−0.104%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.14−0.118%$75.2M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.83−0.031%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.74−0.042%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.11+0.005%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.13+0.008%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.30−0.098%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.42−0.083%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.53−0.069%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.91−0.021%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.50−0.073%$386K$957K10xas long as short
HTX BNB-USDT+0.0100%8h784.85−0.028%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.11+0.005%$78K$17K50xas long as short
Kalshi KXBNBPERP+0.0103%8h785.00−0.009%$170K$2.6M4.8xas long as short
Extended BNB-USD+0.0104%1h784.21−0.109%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.44−0.080%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.97−0.013%$548K$1.9M50xas long as short
dYdX BNB-USD+0.0127%1h784.34−0.093%$159K$62K10xas long as short
BloFin BNB-USDT+0.0167%8h784.80−0.034%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.84−0.030%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0215%8h785.41+0.043%$2.9M$27.7M10xas long as short
Bulk BNB-USD+0.0237%1h785.14+0.009%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h784.97−0.013%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.13−0.120%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.87−0.025%$1.1M$921K20xas long as short
Hibachi BNB/USDT-P+0.0440%1h784.87−0.026%$67K$39K12xas long as short