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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.03 per $10,000 · paid last 24h +0.011%
Price spread now: Aster against Bitget+0.153%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.153%, 7d avg +0.131%
Together, before fees−0.066%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT806.420.0100pay 0.0100% / 8h2h 19m$79.3M$24.6M75x
ShortAster BNBUSDT807.650.0097get 0.0097% / 8h2h 19m$6.4M$18.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$0.55
Price spread: +0.153% → +0.131%
$2.17
Slippage, 4 orders
−$3.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.79
Costs to cover
0.234%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 4 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 Bitget live order book, 4 min ago0.06 bp8.0 bp −$810.0 bp −$10014.6 bp −$1,457doesn't fit
Sell Aster live order book, 4 min ago0.06 bp4.1 bp −$45.8 bp −$5816.1 bp −$1,609doesn'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 −0.0195% / S +0.0371%1h806.46+0.005%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.50+0.134%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.55+0.016%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.00+0.072%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.52+0.012%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.51+0.011%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.77+0.043%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.064%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0054%8h806.84+0.052%$13.3Mas long as short
Bybit BNBUSDT+0.0077%8h806.27−0.019%$139.9M$82.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.69+0.033%$610K$882K50xas long as short
Lighter BNB+0.0096%1h807.17+0.093%$2.8M$4.2M20xas long as short
Aster BNBUSDTshort+0.0097%8h807.65+0.153%$6.4M$18.8M200x
Nado BNB-PERP+0.0100%1h806.70+0.035%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h807.13+0.088%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.40−0.002%$55.3M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h807.10+0.084%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.80+0.047%$36.1M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.82+0.050%$28.2M$10.5M75xas long as short
Bitget BNBUSDTlong+0.0100%8h806.42long leg$79.3M$24.6M75x
edgeX BNBUSDC+0.0100%4h806.96+0.066%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.58+0.020%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.49+0.009%$115K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.55+0.016%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.71+0.036%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.20+0.096%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h807.07+0.080%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.86+0.054%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.77+0.168%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.47+0.007%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.67+0.031%$387K$40K10xas long as short
MEXC BNB_USDT+0.0112%8h807.90+0.184%$84.8M$13.6M200xas long as short
Binance BNBUSDT+0.0113%8h807.33+0.113%$521.6M$805.9M75xas long as short
Phemex BNBUSDT+0.0125%8h806.97+0.068%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h806.38−0.005%$173K$35K10xas long as short
Hyperliquid BNB+0.0191%1h807.68+0.156%$52.0M$21.4M10xas long as short
SoDEX BNB-USD+0.0209%1h806.60+0.022%$397K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.99+0.070%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.065%$652K$11K10xas long as short
BloFin BNB-USDT+0.0233%8h806.96+0.067%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h806.41−0.001%$71K$48K12xas long as short
dYdX BNB-USD+0.0248%1h807.07+0.080%$171K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h806.24−0.023%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.59+0.145%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.190%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0651%1h807.77+0.167%$3.0M$5.5M40xas long as short