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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget−0.140%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days+0.253%+$25 · spread now −0.140%, 7d avg +0.095%
Together, before fees+0.297%+ Points / potential airdropedgeX: Active · farm board+$30 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: edgeX is 0.235% cheaper against Bitget than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT806.120.0100pay 0.0100% / 8h1h 54m$79.1M$24.8M75x
ShortedgeX BNBUSDC804.990.0100get 0.0050% / 4h1h 54m$4.2M$76.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: −0.140% → +0.095%
−$23.5
Slippage, 4 orders
−$5.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$49.87
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; edgeX: 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 bp7.1 bp −$711.1 bp −$11120.7 bp −$2,071doesn't fit
Sell edgeX live order book, 4 min ago1.86 bp6.4 bp −$66.4 bp −$6410.0 bp −$1,003doesn'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%1h806.120.000%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.51+0.048%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.83−0.160%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.30+0.022%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.39−0.215%$869K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.17+0.006%$9.8M150xas long as short
Hibachi BNB/USDT-P+0.0016%1h805.66−0.057%$71K$48K12xas long as short
Variational Omni BNB+0.0044%8h805.28−0.104%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0056%8h806.43+0.038%$34.5Mas long as short
Bybit BNBUSDT+0.0080%8h806.09−0.004%$139.5M$82.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.73+0.076%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76−0.045%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h805.57−0.068%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.05−0.009%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.20+0.010%$55.2M$116.4M50xas long as short
Arcus BNB-USD+0.0100%1h806.20+0.010%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.30+0.022%$36.2M$57.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.22+0.012%$28.2M$10.5M75xas long as short
Bitget BNBUSDTlong+0.0100%8h806.12long leg$79.1M$24.8M75x
edgeX BNBUSDCshort+0.0100%4h804.99−0.140%$4.2M$76.2M30x
ApeX Omni BNBUSDT+0.0100%1h804.61−0.187%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.22+0.012%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.120.000%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.30+0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.55+0.054%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.58+0.057%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.18+0.008%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.54+0.052%$79K$19K50xas long as short
Aster BNBUSDT+0.0103%8h807.08+0.119%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h805.96−0.019%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h806.34+0.027%$387K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h807.30+0.146%$84.7M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h807.11+0.123%$521.2M$805.7M75xas long as short
Phoenix BNB+0.0125%1h805.95−0.021%$173K$35K10xas long as short
Hyperliquid BNB+0.0134%1h807.07+0.118%$51.9M$22.0M10xas long as short
Phemex BNBUSDT+0.0139%8h807.08+0.119%$70.4M$51.9M50xas long as short
dYdX BNB-USD+0.0144%1h806.44+0.040%$163K$63K10xas long as short
SoDEX BNB-USD+0.0202%1h806.20+0.010%$397K$1.0M10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.17+0.006%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0237%8h806.74+0.077%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0273%1h805.26−0.107%$650K$14K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.128%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.14+0.002%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.01−0.013%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h807.11+0.123%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0714%1h807.53+0.175%$3.0M$5.5M40xas long as short