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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.065%
Price spread now: 01 Exchange against Bybit+0.079%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and 01 Exchange is 0.079% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNBUSDT785.300.0100pay 0.0100% / 8h2h 22m$137.9M$74.7M75x
Short01 Exchange BNBUSD785.920.0296get 0.0037% / 1h22m 37s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Bybit. 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
$41.16
Price spread: +0.079% → 0.000%
$7.9
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$31.06
Costs to cover
0.180%
Break-even
1.7 days
Slippage unknown: Bybit: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.64 bp6.1 bp −$68.1 bp −$8123.2 bp −$2,321186.9 bp −$93.5K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h784.16−0.145%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.08−0.028%$4K$4225xas long as short
StandX BNB-USD0.0000%1h785.20−0.013%$847K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.30−0.127%$9.5M150xas long as short
Aster BNBUSDT+0.0033%8h785.74+0.056%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.520%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h785.12−0.023%$22.1Mas long as short
Phemex BNBUSDT+0.0051%8h785.01−0.037%$68.7M$50.5M50xas long as short
MEXC BNB_USDT+0.0057%8h785.80+0.064%$80.3M$12.0M200xas long as short
Binance BNBUSDT+0.0058%8h785.86+0.071%$489.7M$811.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h784.31−0.126%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h784.62−0.087%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h784.89−0.053%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.42−0.112%$264K$489K50xas long as short
Nado BNB-PERP+0.0100%1h784.30−0.127%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.22−0.010%$51.4M$17.6M10xas long as short
Pacifica BNB+0.0100%1h785.07−0.030%$1.2M$933K20xas long as short
Bybit BNBUSDTlong+0.0100%8h785.30long leg$137.9M$74.7M75x
OKX BNB-USDT-SWAP+0.0100%8h785.20−0.013%$53.3M$112.5M50xas long as short
Arcus BNB-USD+0.0100%1h785.20−0.013%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.05−0.032%$36.5M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.30−0.127%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.76−0.069%$75.9M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.97−0.042%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.72−0.201%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h784.31−0.126%$4.1M$75.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.92−0.048%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.28−0.130%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h784.51−0.101%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.95−0.045%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h784.69−0.078%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.15−0.019%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.69−0.078%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h784.49−0.104%$377K$110K10xas long as short
SoDEX BNB-USD+0.0105%1h784.50−0.102%$386K$993K10xas long as short
Phoenix BNB+0.0107%1h784.35−0.121%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0149%8h785.10−0.025%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0167%1h784.36−0.120%$159K$62K10xas long as short
BloFin BNB-USDT+0.0177%8h785.15−0.019%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0210%8h785.65+0.045%$2.9M$29.2M10xas long as short
01 Exchange BNBUSDshort+0.0296%1h785.92+0.079%$28K$4K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h784.84−0.059%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h784.15−0.146%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39+0.012%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h785.35+0.006%$1.1M$903K20xas long as short
Hibachi BNB/USDT-P+0.0512%1h784.74−0.072%$67K$39K12xas long as short