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+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against BingX−0.059%7-day average −0.063% · 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−$24as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.059%, 7d avg −0.063%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDT791.310.0056pay 0.0056% / 8h4h 56m$34.3M
ShortBitget BNBUSDT790.840.0100get 0.0100% / 8h4h 56m$76.6M$30.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$9.24
Price spread: −0.059% → −0.063%
$0.37
Slippage, 4 orders
−$2.21
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$14.6
Costs to cover
0.242%
Break-even
18.1 days
Slippage from BingX: live order book, 13 min ago; Bitget: 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 BingX live order book, 13 min ago0.13 bp5.4 bp −$55.7 bp −$5711.0 bp −$1,09829.1 bp −$14.5K
Sell Bitget live order book, 3 min ago0.06 bp6.7 bp −$79.4 bp −$9424.2 bp −$2,421doesn'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 −0.0182% / S +0.0347%1h791.08−0.029%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.22−0.011%$4K$4225xas long as short
StandX BNB-USD0.0000%1h791.67+0.045%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h791.13−0.023%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.741%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h791.84+0.067%$6.1M$18.7M200xas long as short
BingX BNB-USDTlong+0.0056%8h791.31long leg$34.3M
Phemex BNBUSDT+0.0058%8h791.78+0.059%$69.3M$50.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64−0.085%$583K$1.9M50xas long as short
Binance BNBUSDT+0.0070%8h791.68+0.047%$494.1M$790.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0071%8h791.90+0.075%$80.4M$12.1M200xas long as short
Lighter BNB+0.0096%1h791.33+0.002%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.21−0.013%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.50−0.102%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.77+0.058%$52.0M$17.6M10xas long as short
Pacifica BNB+0.0100%1h791.26−0.006%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h790.90−0.052%$139.1M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.90−0.052%$53.5M$111.8M50xas long as short
Arcus BNB-USD+0.0100%1h791.30−0.001%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.15−0.020%$35.5M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h790.90−0.052%$27.7M$10.3M75xas long as short
Bitget BNBUSDTshort+0.0100%8h790.84−0.059%$76.6M$30.3M75x
Backpack BNB_USDC_PERP+0.0100%1h791.65+0.043%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h790.82−0.062%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.75−0.070%$4.1M$74.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.94−0.047%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.16−0.019%$134K$950K10xas long as short
Derive BNB-PERP+0.0100%1h791.33+0.002%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h791.55+0.030%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.30−0.001%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.90−0.052%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h791.79+0.061%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h790.58−0.093%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.04−0.034%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.15−0.020%$170K$35K10xas long as short
dYdX BNB-USD+0.0110%1h791.17−0.018%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0139%8h791.07−0.030%$3.0M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0182%8h792.30+0.125%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0191%8h791.01−0.038%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h791.68+0.047%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h791.09−0.028%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.69+0.048%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h790.91−0.051%$6K$3K40xas long as short
Bulk BNB-USD+0.0338%1h790.78−0.067%$640K$9K10xas long as short
RISEx BNB/USDC+0.0461%1h791.53+0.027%$1.1M$979K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h790.80−0.064%$68K$38K12xas long as short