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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.063%
Price spread now: 01 Exchange against Coinbase International+0.024%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 +$4 a day on $10k at the current rate, and 01 Exchange is 0.024% dearer against Coinbase International than usual: you sell high and buy low: +$2 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-INTX784.970.0104pay 0.0013% / 1h1m 28s$548K$1.9M50x
Short01 Exchange BNBUSD785.160.0248get 0.0031% / 1h1m 28s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$30.24
Price spread: +0.024% → 0.000%
$2.42
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$15.66
Costs to cover
0.170%
Break-even
3.4 days
Slippage unknown: Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago2.23 bp8.3 bp −$814.0 bp −$140doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0168% / S +0.0337%1h784.39−0.074%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.82−0.019%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.38−0.075%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h785.25+0.036%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.84−0.017%$9.5M150xas long as short
Aster BNBUSDT+0.0030%8h785.25+0.036%$5.9M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.563%$19K$789K30xas long as short
BingX BNB-USDT+0.0038%8h784.78−0.024%$22.1Mas long as short
MEXC BNB_USDT+0.0046%8h786.10+0.144%$81.1M$12.1M200xas long as short
Binance BNBUSDT+0.0046%8h785.30+0.042%$488.5M$813.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0082%8h785.12+0.019%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.73−0.030%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h784.80−0.022%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.40−0.073%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.43+0.059%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.81−0.020%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.70−0.034%$138.1M$73.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.60−0.047%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h784.70−0.034%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.054%$38.6M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.51−0.059%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.42−0.070%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.83−0.018%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.74−0.029%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h784.86−0.014%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.47−0.064%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.71−0.033%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.42−0.070%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.53−0.056%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.91−0.008%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.50−0.060%$386K$957K10xas long as short
HTX BNB-USDT+0.0100%8h784.85−0.015%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.11+0.018%$78K$17K50xas long as short
Kalshi KXBNBPERP+0.0103%8h785.00+0.004%$170K$2.6M4.8xas long as short
Extended BNB-USD+0.0104%1h784.21−0.097%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.44−0.068%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTXlong+0.0104%1h784.97long leg$548K$1.9M50x
dYdX BNB-USD+0.0127%1h784.34−0.080%$159K$62K10xas long as short
BloFin BNB-USDT+0.0167%8h784.80−0.022%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.84−0.017%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0215%8h785.06+0.011%$2.9M$27.5M10xas long as short
Bulk BNB-USD+0.0237%1h785.14+0.022%$636K$83110xas long as short
01 Exchange BNBUSDshort+0.0248%1h785.16+0.024%$28K$4K10x
Reya BNBRUSDPERP+0.0320%1h784.58−0.050%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.87−0.012%$1.1M$921K20xas long as short
Hibachi BNB/USDT-P+0.0440%1h784.71−0.033%$67K$39K12xas long as short