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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h −0.024%
Price spread now: 01 Exchange against dYdX+0.064%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 +$2 a day on $10k at the current rate, and 01 Exchange is 0.064% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BNB-USD784.990.0127pay 0.0016% / 1h58m 51s$159K$62K10x
Short01 Exchange BNBUSD785.490.0208get 0.0026% / 1h58m 51s$28K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against dYdX. 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
$17.05
Price spread: +0.064% → 0.000%
$6.37
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$6.42
Costs to cover
0.170%
Break-even
4.4 days
Slippage unknown: dYdX: live order book, 40 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 dYdX live order book, 40 min ago10.36 bp15.4 bp −$1524.5 bp −$24538.6 bp −$3,856249.0 bp −$124.5K
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 −0.0168% / S +0.0337%1h784.86−0.017%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.32+0.042%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h785.05+0.008%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h785.56+0.073%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.93−0.007%$9.5M150xas long as short
Aster BNBUSDT+0.0030%8h785.85+0.110%$6.0M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.561%$19K$789K30xas long as short
BingX BNB-USDT+0.0038%8h785.57+0.074%$22.1Mas long as short
Binance BNBUSDT+0.0046%8h785.94+0.121%$488.9M$813.6M75xas long as short
MEXC BNB_USDT+0.0046%8h786.80+0.231%$81.2M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0083%8h785.56+0.073%$68.5M$51.0M50xas long as short
Lighter BNB+0.0096%1h785.33+0.044%$2.7M$3.6M20xas long as short
Phoenix BNB+0.0100%1h784.80−0.024%$158K$26K10xas long as short
Nado BNB-PERP+0.0100%1h784.90−0.011%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.83+0.107%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h785.15+0.020%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h785.28+0.037%$138.2M$73.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.30+0.039%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h785.20+0.027%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h785.35+0.046%$38.7M$55.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.04+0.006%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.02+0.004%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.57+0.074%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.64−0.044%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h784.86−0.017%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.47−0.066%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.77−0.028%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.95−0.005%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.98−0.001%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.39+0.051%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.10+0.014%$386K$955K10xas long as short
HTX BNB-USDT+0.0100%8h785.25+0.033%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.46+0.059%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.96−0.004%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.86−0.016%$377K$110K10xas long as short
Kalshi KXBNBPERP+0.0105%8h785.40+0.052%$170K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h784.97−0.003%$548K$1.9M50xas long as short
dYdX BNB-USDlong+0.0127%1h784.99long leg$159K$62K10x
BloFin BNB-USDT+0.0166%8h785.51+0.066%$17.7M$2.2M75xas long as short
01 Exchange BNBUSDshort+0.0208%1h785.49+0.064%$28K$3K10x
GRVT BNB_USDT_Perp+0.0215%8h785.49+0.064%$2.9M$27.5M10xas long as short
Bulk BNB-USD+0.0237%1h785.14+0.019%$636K$83110xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.35+0.046%$1.5M$141K25xas long as short
Reya BNBRUSDPERP+0.0320%1h784.73−0.034%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h785.32+0.041%$1.1M$921K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h784.85−0.018%$67K$39K12xas long as short