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+0.0173%/8h= +18.9% APRnext payment +$1.73 per $10,000 · paid last 24h −0.017%
Price spread now: GRVT against BingX+0.027%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days+0.017%+$2 · spread now +0.027%, 7d avg +0.108%
Together, before fees+0.041%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.081% cheaper against BingX than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.108%). If the spread goes back, that is −$8 on $10k: about 38 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.024% in total) that is about 24 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC786.830.0054pay 0.0054% / 8h1h 43m$13.4M
ShortGRVT BNB_USDT_Perp787.040.0227get 0.0227% / 8h1h 43m$2.9M$29.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$36.33
Price spread: +0.027% → +0.108%
−$8.15
Slippage, 4 orders
−$3.21
Fee BingX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$5.97
Costs to cover
0.222%
Break-even
5.8 days
Slippage from BingX: live order book, 10 min ago; GRVT: live order book, 6 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, 10 min ago0.25 bp7.4 bp −$710.9 bp −$10921.4 bp −$2,14365.9 bp −$33.0K
Sell GRVT live order book, 6 min ago0.06 bp4.6 bp −$56.0 bp −$6022.0 bp −$2,204doesn'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 −0.0170% / S +0.0337%1h786.72−0.014%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.13+0.038%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.59+0.097%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.72−0.014%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.321%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h787.32+0.062%$6.1M$19.0M200xas long as short
BingX BNB-USDClong+0.0054%8h786.83long leg$13.4M
MEXC BNB_USDT+0.0066%8h787.90+0.136%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h787.31+0.061%$490.5M$816.7M75xas long as short
dYdX BNB-USD+0.0068%1h786.47−0.046%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h787.11+0.036%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.006%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.56−0.035%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.50−0.042%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h786.68−0.019%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.70−0.017%$138.5M$75.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.70−0.017%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.00+0.022%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.80−0.004%$37.2M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.53−0.038%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.47−0.046%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h785.91−0.117%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.84+0.001%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.27−0.071%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.64−0.024%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.76−0.009%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.82−0.001%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.050%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.70−0.017%$387K$984K10xas long as short
HTX BNB-USDT+0.0100%8h786.97+0.018%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.99+0.021%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.48−0.045%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.63−0.026%$378K$110K10xas long as short
Backpack BNB_USDC_PERP+0.0116%1h786.92+0.011%$2.2M$6.1M40xas long as short
Hyperliquid BNB+0.0118%1h787.32+0.062%$51.5M$17.7M10xas long as short
Phoenix BNB+0.0135%1h786.68−0.019%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0140%8h787.30+0.060%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h787.52+0.088%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.02+0.024%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.50−0.042%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perpshort+0.0227%8h787.04+0.027%$2.9M$29.5M10x
01 Exchange BNBUSD+0.0264%1h787.34+0.065%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.51−0.041%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.047%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h787.04+0.027%$1.1M$914K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h787.00+0.021%$67K$39K12xas long as short