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+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.013%
Price spread now: HTX against BingX+0.192%52s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.506%−$51 · spread now +0.192%, 7d avg −0.024%
Together, before fees−0.460%−$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.216% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC785.730.0033pay 0.0033% / 8h3h 09m$13.4M
ShortHTX BNB-USDT787.240.0100get 0.0100% / 8h3h 09m$8.1M$9.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$14.07
Price spread: +0.192% → −0.024%
$21.61
Slippage, 4 orders
−$13.09
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$0.59
Costs to cover
0.351%
Break-even
6.7 days
Slippage from BingX: live order book, 14 min ago; HTX: live order book, 5 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, 14 min ago0.25 bp7.0 bp −$710.5 bp −$10521.3 bp −$2,13368.0 bp −$34.0K
Sell HTX live order book, 5 min ago2.46 bp9.2 bp −$913.7 bp −$13782.6 bp −$8,263doesn'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%1h785.53−0.026%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0125%1h786.43+0.089%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.35+0.206%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h786.70+0.123%$123K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h787.52+0.228%$849K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.63−0.012%$9.5M150xas long as short
Aster BNBUSDT+0.0021%8h786.22+0.062%$6.1M$18.8M200xas long as short
BingX BNB-USDClong+0.0033%8h785.73long leg$13.4M
Injective BNB/USDC PERP+0.0033%1h805.09+2.464%$19K$789K30xas long as short
Phemex BNBUSDT+0.0040%8h786.90+0.149%$68.8M$50.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0041%8h786.60+0.111%$79.7M$12.1M200xas long as short
Binance BNBUSDT+0.0041%8h786.17+0.056%$489.4M$803.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h788.00+0.289%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0078%1h785.90+0.022%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.74+0.256%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.45+0.091%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.58−0.019%$264K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.25+0.066%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h786.36+0.080%$51.6M$17.4M10xas long as short
Pacifica BNB+0.0100%1h786.29+0.072%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h785.42−0.039%$138.0M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.40−0.042%$53.3M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h786.10+0.047%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h785.60−0.017%$36.1M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.48−0.032%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h785.37−0.046%$76.0M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.82+0.139%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.00+0.162%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.75+0.257%$4.1M$74.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.52+0.228%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.85+0.015%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h785.63−0.013%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.36+0.208%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50+0.098%$387K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h787.24+0.192%$8.1M$9.7M75x
Paradex BNB-USD-PERP+0.0100%8h786.76+0.131%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.49−0.030%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h785.61−0.015%$377K$110K10xas long as short
BloFin BNB-USDT+0.0161%8h787.93+0.280%$17.8M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0178%8h787.99+0.288%$2.9M$28.7M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.69+0.122%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0201%1h787.88+0.274%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h786.38+0.083%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h785.40−0.043%$6K$3K40xas long as short
RISEx BNB/USDC+0.0431%1h786.13+0.052%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h786.29+0.071%$67K$39K12xas long as short