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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.011%
Price spread now: Aster against edgeX−0.079%80s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.079%, 7d avg +0.036%
Together, before fees+0.009%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$1 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: Aster is 0.116% cheaper against edgeX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.036%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC807.340.0100pay 0.0050% / 4h2h 16m$4.2M$77.1M30x
ShortAster BNBUSDT806.700.0098get 0.0098% / 8h2h 16m$6.4M$18.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$0.34
Price spread: −0.079% → +0.036%
−$11.58
Slippage, 4 orders
−$6.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$35.54
Costs to cover
0.236%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Aster: live order book, 3 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 ago2.48 bp7.0 bp −$77.0 bp −$7010.6 bp −$1,056doesn't fit
Sell Aster live order book, 3 min ago0.37 bp5.0 bp −$56.0 bp −$6019.5 bp −$1,955doesn'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 −0.0195% / S +0.0371%1h805.99−0.167%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.55−0.098%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h807.05−0.036%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.70−0.079%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.62−0.089%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.12−0.152%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.22−0.139%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.178%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h806.19−0.143%$34.5Mas long as short
Bybit BNBUSDT+0.0077%8h805.76−0.196%$139.8M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.90−0.055%$610K$883K50xas long as short
Lighter BNB+0.0096%1h806.42−0.114%$2.8M$4.2M20xas long as short
Aster BNBUSDTshort+0.0098%8h806.70−0.079%$6.4M$18.8M200x
Nado BNB-PERP+0.0100%1h806.05−0.160%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.64−0.087%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.00−0.166%$55.2M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h806.60−0.092%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.00−0.166%$36.1M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.03−0.162%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.73−0.200%$79.1M$24.7M75xas long as short
edgeX BNBUSDClong+0.0100%4h807.34long leg$4.2M$77.1M30x
ApeX Omni BNBUSDT+0.0100%1h806.58−0.094%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.02−0.164%$114K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.13−0.150%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.33−0.125%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.91−0.053%$14K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.61−0.091%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.54−0.100%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.02−0.040%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.79−0.192%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.28−0.131%$387K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h807.10−0.030%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0114%8h806.75−0.073%$521.2M$806.1M75xas long as short
Phoenix BNB+0.0125%1h806.38−0.119%$173K$35K10xas long as short
Phemex BNBUSDT+0.0126%8h806.71−0.078%$70.4M$51.8M50xas long as short
SoDEX BNB-USD+0.0201%1h806.20−0.141%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0206%1h806.99−0.044%$52.3M$21.6M10xas long as short
RISEx BNB/USDC+0.0209%1h806.42−0.114%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94−0.049%$652K$11K10xas long as short
BloFin BNB-USDT+0.0234%8h807.24−0.013%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0241%1h806.40−0.117%$171K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h806.68−0.082%$71K$48K12xas long as short
Reya BNBRUSDPERP+0.0334%1h805.74−0.198%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.79−0.068%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.304%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0653%1h807.08−0.032%$3.0M$5.5M40xas long as short