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+0.0332%/8h= +36.4% APRnext payment +$0.42 per $10,000 · paid last 24h +0.031%
Price spread now: RISEx against Derive+0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive BNB-PERP786.640.0100pay 0.0013% / 1h17m 14s$31K$12K10x
ShortRISEx BNB/USDC786.750.0432get 0.0054% / 1h17m 14s$1.1M$901K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$69.8
Price spread: +0.014% → 0.000%
$1.44
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee RISEx: 3 bp × 2 orders
−$6
Net
$59.24
Costs to cover
0.120%
Break-even
1.1 days
Slippage unknown: Derive: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago0.57 bp3.6 bp −$47.8 bp −$78doesn't fitdoesn't fit
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 −0.0192% / S +0.0356%1h786.23−0.052%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.93+0.037%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37+0.093%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.47−0.021%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.346%$19K$789K30xas long as short
Aster BNBUSDT+0.0037%8h787.27+0.080%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0045%8h786.68+0.005%$22.2Mas long as short
Phemex BNBUSDT+0.0056%8h787.19+0.070%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0061%8h787.40+0.097%$80.5M$12.0M200xas long as short
Binance BNBUSDT+0.0061%8h787.26+0.079%$490.4M$812.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.51−0.016%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85−0.100%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.75+0.015%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.53−0.014%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.10−0.068%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.21+0.073%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.66+0.003%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.50−0.017%$138.1M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.40−0.030%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.70+0.008%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.50−0.017%$36.7M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.40−0.030%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.23−0.052%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.91+0.035%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.81−0.105%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.59−0.007%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.98+0.044%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.37−0.034%$131K$951K10xas long as short
Derive BNB-PERPlong+0.0100%1h786.64long leg$31K$12K10x
SunX BNB-USDT+0.0100%8h787.10+0.059%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.66+0.003%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.90+0.033%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.24−0.050%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.60−0.005%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.33−0.039%$169K$35K10xas long as short
SoDEX BNB-USD+0.0130%1h786.70+0.008%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0142%8h786.80+0.021%$160K$2.7M4.8xas long as short
dYdX BNB-USD+0.0160%1h786.37−0.034%$159K$62K10xas long as short
BloFin BNB-USDT+0.0181%8h787.12+0.061%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0217%8h787.48+0.107%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.92+0.036%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0304%1h787.25+0.078%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.21−0.055%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.158%$637K$4K10xas long as short
RISEx BNB/USDCshort+0.0432%1h786.75+0.014%$1.1M$901K20x
Hibachi BNB/USDT-P+0.0536%1h786.96+0.042%$67K$39K12xas long as short