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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 05:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.076%
Price spread now: StandX against Bulk+0.051%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Long on BulkShort on StandX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.343%−$34 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.051%, 7d avg −0.030%
Together, before fees−0.369%+ Points / potential airdropStandX: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.081% dearer against Bulk than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.030%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk BNB-USD787.880.0201pay 0.0025% / 1h12m 15s$639K$10K10x
ShortStandX BNB-USD788.280get 0.0000% / 1h12m 15s$850K$3.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bulk. 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
−$42.16
Price spread: +0.051% → −0.030%
$8.09
Slippage, 4 orders
−$12.9
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$61.97
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Bulk: live order book, 42 min ago; StandX: live order book, 2 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 Bulk live order book, 42 min ago0.06 bp3.6 bp −$43.7 bp −$374.5 bp −$4488.3 bp −$4,145
Sell StandX live order book, 2 min ago4.44 bp9.8 bp −$1013.1 bp −$131doesn't fitdoesn'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%1h786.96−0.117%$46K—200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.18−0.089%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.80−0.010%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.10+0.028%$124K$2.7M4.8xas long as short
StandX BNB-USDshort0.0000%1h788.28+0.051%$850K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.09−0.101%$9.5M—150xas long as short
Aster BNBUSDT+0.0022%8h787.62−0.033%$6.1M$18.8M200xas long as short
BingX BNB-USDT+0.0033%8h787.29−0.075%—$22.3M—as long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.184%$19K$789K30xas long as short
Phemex BNBUSDT+0.0039%8h787.70−0.023%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0041%8h788.20+0.041%$79.9M$12.0M200xas long as short
Binance BNBUSDT+0.0041%8h787.90+0.002%$491.0M$802.5M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h788.00+0.015%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0081%1h787.24−0.081%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.74−0.018%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.34−0.068%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.19−0.088%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.30−0.074%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.71−0.022%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h787.72−0.020%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.086%$138.4M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.086%$53.4M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h787.70−0.023%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.15−0.093%$36.1M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.13−0.095%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.01−0.110%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.68−0.025%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.31−0.072%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h787.93+0.006%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81−0.009%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.16−0.091%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.25−0.080%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.80−0.010%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.40−0.061%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.36−0.066%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.82−0.008%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.83−0.134%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.25−0.080%$378K$110K10xas long as short
BloFin BNB-USDT+0.0161%8h787.91+0.004%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0177%8h788.09+0.027%$2.9M$28.7M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.63−0.032%$1.5M$143K25xas long as short
Bulk BNB-USDlong+0.0201%1h787.88long leg$639K$10K10x
01 Exchange BNBUSD+0.0240%1h787.99+0.014%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h786.95−0.118%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0424%1h787.58−0.038%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.72−0.020%$1.1M$894K20xas long as short