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 00:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h +0.002%
Price spread now: Bybit against Derive+0.024%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on DeriveShort on Bybit
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
The price spread pays, funding is against you. Bybit is 0.024% dearer against Derive than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive BNB-PERP797.950.0100pay 0.0013% / 1h10m 34s$32K$5K10x
ShortBybit BNBUSDT798.140.0039get 0.0039% / 8h10m 34s$138.5M$76.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Derive. 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
−$12.89
Price spread: +0.024% → 0.000%
$2.38
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.51
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Bybit: live order book, 4 min ago. 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 Derive no order-book sample—————
Sell Bybit live order book, 4 min ago0.63 bp6.1 bp −$68.1 bp −$8125.0 bp −$2,496120.9 bp −$60.5K
Derive: 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%1h797.88−0.009%$47K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.31+0.045%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h797.85−0.013%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.80+0.106%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.15+0.150%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.94−0.001%$9.7M—150xas long as short
Variational Omni BNB+0.0008%8h797.53−0.052%$4.0M$5.4M—as long as short
BingX BNB-USDT+0.0033%8h798.50+0.069%—$34.7M—as long as short
Bybit BNBUSDTshort+0.0039%8h798.14+0.024%$138.5M$76.9M75x
Coinbase International BNB-PERP-INTX+0.0072%1h798.77+0.103%$604K$983K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0082%8h798.71+0.095%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.55+0.075%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h797.70−0.031%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.56+0.076%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.20+0.031%$54.3M$112.7M50xas long as short
Arcus BNB-USD+0.0100%1h798.80+0.107%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.35+0.050%$35.8M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.31+0.045%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.31+0.045%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.97+0.128%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.19+0.155%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.88−0.009%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.84−0.014%$386K$494K50xas long as short
Derive BNB-PERPlong+0.0100%1h797.95long leg$32K$5K10x
SunX BNB-USDT+0.0100%8h798.97+0.127%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.10+0.019%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.52+0.071%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.20+0.156%$78K$19K50xas long as short
Phemex BNBUSDT+0.0102%8h798.41+0.058%$69.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0103%8h799.30+0.169%$83.0M$13.6M200xas long as short
Binance BNBUSDT+0.0104%8h798.85+0.113%$497.7M$818.0M75xas long as short
Extended BNB-USD+0.0104%1h798.11+0.020%$1.7M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.00+0.006%$383K$40K10xas long as short
Phoenix BNB+0.0127%1h799.20+0.157%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0143%8h798.70+0.094%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0168%1h798.47+0.066%$70K$43K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.29+0.043%$1.6M$165K25xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.179%$649K$17K10xas long as short
BloFin BNB-USDT+0.0224%8h798.50+0.069%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0229%1h799.11+0.145%$52.4M$21.3M10xas long as short
RISEx BNB/USDC+0.0258%1h798.60+0.081%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h799.16+0.152%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.895%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.57−0.048%$6K$3K40xas long as short
dYdX BNB-USD+0.0342%1h798.04+0.011%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h798.63+0.085%$2.7M$5.7M40xas long as short