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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Arcus against edgeX−0.028%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.028%, 7d avg +0.016%
Together, before fees+0.148%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.044% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC788.620.0100pay 0.0050% / 4h3h 31m$4.1M$73.9M30x
ShortArcus BNB-USD788.400.0100get 0.0013% / 1h31m 27s$52K$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against edgeX. 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
$0
Price spread: −0.028% → +0.016%
−$4.37
Slippage, 4 orders
−$17.57
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$35.44
Costs to cover
0.311%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Arcus: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 3 min ago2.54 bp7.0 bp −$77.0 bp −$7010.8 bp −$1,077doesn't fit
Sell Arcus live order book, 22 min ago3.16 bp8.4 bp −$821.1 bp −$211doesn't fitdoesn't fit

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%1h788.09−0.067%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.97−0.082%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.29−0.042%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.91+0.037%$851K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.04−0.073%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h788.52−0.013%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.088%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h788.26−0.046%$22.4Mas long as short
Binance BNBUSDT+0.0049%8h788.79+0.021%$491.9M$798.7M75xas long as short
MEXC BNB_USDT+0.0049%8h789.30+0.086%$80.0M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0050%8h788.620.000%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h790.26+0.208%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.43−0.024%$169K$35K10xas long as short
Lighter BNB+0.0096%1h788.23−0.050%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0097%1h788.56−0.008%$160K$64K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.16−0.058%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.95−0.085%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.06+0.056%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.35−0.034%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.21−0.052%$138.7M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.30−0.041%$53.4M$111.7M50xas long as short
Arcus BNB-USDshort+0.0100%1h788.40−0.028%$52K$133K10x
Gate BNB_USDT+0.0100%8h788.25−0.047%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.80−0.104%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.19−0.055%$76.3M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.49−0.017%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.71−0.115%$4.1M$4.8Mas long as short
edgeX BNBUSDClong+0.0100%4h788.62long leg$4.1M$73.9M30x
ApeX Omni BNBUSDT+0.0100%1h788.47−0.019%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.16−0.058%$130K$953K10xas long as short
Derive BNB-PERP+0.0100%1h788.24−0.048%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.74+0.015%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.30−0.041%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.30−0.041%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.43−0.025%$77K$17K50xas long as short
Kalshi KXBNBPERP+0.0102%8h788.80+0.023%$126K$2.7M4.8xas long as short
Extended BNB-USD+0.0104%1h787.82−0.102%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h788.23−0.050%$379K$110K10xas long as short
BloFin BNB-USDT+0.0170%8h788.91+0.037%$18.1M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h789.08+0.058%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0219%1h788.52−0.013%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.74+0.015%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.53−0.012%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.14−0.060%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0416%1h788.36−0.033%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.57−0.006%$1.1M$893K20xas long as short