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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0234%/8h= +25.7% APRpaid last 24h +0.064%
Price spread now: Reya against Bitget+0.089%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.089% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT802.740.0100pay 0.0100% / 8h2h 36m$79.0M$24.5M75x
ShortReya BNBRUSDPERP803.450.0334get 0.0042% / 1h36m 48s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$49.22
Price spread: +0.089% → 0.000%
$8.89
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$40.11
Costs to cover
0.180%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

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, 2 min ago0.06 bp8.8 bp −$910.9 bp −$10916.0 bp −$1,603doesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h803.65+0.113%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.88+0.017%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28+0.068%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.10+0.169%$113K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.40+0.082%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.65+0.113%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.61+0.108%$2.5M$908K50xas long as short
Variational Omni BNB+0.0055%8h802.35−0.048%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0057%8h803.18+0.055%$34.5Mas long as short
Bybit BNBUSDT+0.0078%8h802.60−0.017%$139.2M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.156%$608K$878K50xas long as short
Aster BNBUSDT+0.0088%8h803.81+0.133%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h803.38+0.080%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.55+0.101%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.83+0.135%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.90+0.020%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.90+0.145%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h803.00+0.032%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.42+0.085%$28.1M$10.5M75xas long as short
Bitget BNBUSDTlong+0.0100%8h802.74long leg$79.0M$24.5M75x
edgeX BNBUSDC+0.0100%4h803.02+0.035%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43+0.086%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.69+0.118%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.74+0.125%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.80+0.132%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.34+0.199%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.10+0.170%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.04+0.038%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.44+0.212%$79K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h804.10+0.169%$84.4M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h802.92+0.022%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.89+0.144%$386K$40K10xas long as short
Binance BNBUSDT+0.0104%8h803.72+0.123%$518.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0122%8h804.15+0.176%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.30+0.070%$173K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h803.70+0.120%$395K$1.0M10xas long as short
Hyperliquid BNB+0.0147%1h803.72+0.122%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.108%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.04+0.162%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h804.26+0.189%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.90+0.019%$71K$48K12xas long as short
dYdX BNB-USD+0.0263%1h803.57+0.103%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h804.66+0.239%$28K$1K10xas long as short
Reya BNBRUSDPERPshort+0.0334%1h803.45+0.089%$6K$3K40x
Injective BNB/USDC PERP+0.0353%1h804.92+0.272%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0675%1h804.57+0.228%$3.0M$5.3M40xas long as short