Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.065%

Price spread now: 01 Exchange against Bitget+0.153%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and 01 Exchange is 0.153% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	799.46	0.0100	pay 0.0100% / 8h	32m 18s	$79.3M	$27.4M	75x
Short	01 Exchange BNBUSD	800.68	0.0312	get 0.0039% / 1h	32m 18s	$28K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee BitgetbpFee 01 ExchangebpOrdersPrice spread, now +0.153%Rate

Funding earned: $44.52
Price spread: +0.153% → 0.000%: $15.26
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $40.78
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: Bitget: live order book, 2 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	0.06 bp	7.4 bp −$7	11.8 bp −$118	16.9 bp −$1,690	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0201% / S +0.0372%	1h	799.88	+0.053%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.08	+0.078%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	799.70	+0.030%	$2.5M	$972K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	+0.191%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.76	+0.163%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.89	+0.054%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0021%	8h	799.96	+0.062%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0045%	8h	799.97	+0.064%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0049%	8h	799.50	+0.005%	$138.7M	$77.8M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	+0.158%	$607K	$994K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0095%	8h	800.56	+0.138%	$6.3M	$19.0M	200x	as long as short
Lighter BNB	+0.0096%	1h	800.12	+0.082%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.66	+0.025%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.09	+0.079%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.60	+0.018%	$54.5M	$113.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.40	+0.118%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	799.65	+0.024%	$35.8M	$57.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.81	+0.044%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	799.46	long leg	$79.3M	$27.4M	75x
edgeX BNBUSDC	+0.0100%	4h	801.06	+0.200%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.03	+0.196%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.87	+0.051%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.79	+0.041%	$386K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.05	+0.074%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.44	+0.123%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.10	+0.080%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.40	+0.117%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.43	+0.122%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.52	+0.007%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.93	+0.059%	$384K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0112%	8h	800.53	+0.134%	$69.9M	$50.7M	50x	as long as short
Binance BNBUSDT	+0.0116%	8h	800.41	+0.119%	$499.8M	$816.3M	75x	as long as short
MEXC BNB_USDT	+0.0116%	8h	800.80	+0.168%	$83.1M	$13.5M	200x	as long as short
Kalshi KXBNBPERP	+0.0116%	8h	800.40	+0.118%	$110K	$2.9M	4.8x	as long as short
Phoenix BNB	+0.0127%	1h	800.57	+0.139%	$172K	$36K	10x	as long as short
Hibachi BNB/USDT-P	+0.0184%	1h	800.06	+0.075%	$70K	$44K	12x	as long as short
Hyperliquid BNB	+0.0187%	1h	800.51	+0.131%	$51.9M	$21.1M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	800.38	+0.116%	$1.6M	$165K	25x	as long as short
BloFin BNB-USDT	+0.0237%	8h	800.43	+0.121%	$18.2M	$2.5M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	800.21	+0.093%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0305%	1h	801.82	+0.295%	$651K	$20K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.704%	$19K	$789K	30x	as long as short
01 Exchange BNBUSDshort	+0.0312%	1h	800.68	+0.153%	$28K	$1K	10x
Reya BNBRUSDPERP	+0.0332%	1h	799.42	−0.005%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0395%	1h	800.10	+0.081%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0412%	1h	800.61	+0.144%	$2.7M	$5.7M	40x	as long as short