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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0259%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.067%
Price spread now: Reya against Coinbase International+0.042%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 +$8 a day on $10k at the current rate, and Reya is 0.042% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX798.680.0072pay 0.0009% / 1h0m 16s$602K$985K50x
ShortReya BNBRUSDPERP799.010.0331get 0.0041% / 1h0m 16s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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
$54.35
Price spread: +0.042% → 0.000%
$4.15
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$42.5
Costs to cover
0.160%
Break-even
1.5 days
Slippage unknown: Coinbase International: live order book, 13 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 Coinbase International live order book, 13 min ago2.63 bp9.6 bp −$1013.8 bp −$138doesn't fitdoesn'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 −0.0201% / S +0.0372%1h799.54+0.108%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.70+0.128%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.52+0.105%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.72+0.005%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.71+0.129%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.57+0.111%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84+0.020%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0030%8h799.61+0.116%$35.2Mas long as short
Bybit BNBUSDT+0.0040%8h799.30+0.078%$138.8M$76.9M75xas long as short
Coinbase International BNB-PERP-INTXlong+0.0072%1h798.68long leg$602K$985K50x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0077%8h799.93+0.157%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0092%8h800.02+0.168%$70.0M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.78+0.137%$2.8M$4.1M20xas long as short
MEXC BNB_USDT+0.0097%8h800.10+0.178%$83.2M$13.6M200xas long as short
Binance BNBUSDT+0.0097%8h800.05+0.172%$498.0M$818.7M75xas long as short
Nado BNB-PERP+0.0100%1h799.05+0.046%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.57+0.111%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.40+0.090%$54.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.50+0.103%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.20+0.065%$35.7M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.32+0.080%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h799.27+0.074%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62+0.118%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.34+0.083%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.20+0.065%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.38+0.088%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.60+0.115%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.86+0.148%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70+0.128%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.92+0.155%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h799.71+0.128%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.00+0.165%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.15+0.058%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.60+0.115%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h798.37−0.039%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.40+0.090%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0154%8h799.70+0.128%$91K$2.9M4.8xas long as short
Bulk BNB-USD+0.0191%1h798.83+0.018%$649K$17K10xas long as short
BloFin BNB-USDT+0.0217%8h800.12+0.180%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0250%1h800.15+0.184%$52.5M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h799.46+0.097%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h799.91+0.154%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.803%$19K$789K30xas long as short
Backpack BNB_USDC_PERP+0.0312%1h799.90+0.153%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0327%1h799.59+0.114%$161K$63K10xas long as short
Reya BNBRUSDPERPshort+0.0331%1h799.01+0.042%$6K$3K40x