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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Derive against edgeX−0.065%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.065% cheaper against edgeX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC798.970.0100pay 0.0050% / 4h8m 38s$4.1M$76.2M30x
ShortDerive BNB-PERP798.450.0100get 0.0013% / 1h8m 38s$32K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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: −0.065% → 0.000%
−$6.46
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Derive: 3 bp × 2 orders
−$6
Net
−$21.46
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 5 min ago; Derive: 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 edgeX live order book, 5 min ago1.88 bp6.4 bp −$66.4 bp −$6410.5 bp −$1,046doesn't fit
Sell Derive no order-book sample
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%1h798.38−0.073%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.89−0.010%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.07−0.113%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.45−0.065%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.86−0.014%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.41−0.070%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.53−0.180%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0033%8h798.33−0.080%$34.7Mas long as short
Bybit BNBUSDT+0.0037%8h798.00−0.121%$138.5M$76.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.14−0.104%$601K$984K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0081%8h798.79−0.022%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.50−0.059%$2.8M$4.1M20xas long as short
Phemex BNBUSDT+0.0098%8h798.74−0.029%$69.9M$50.6M50xas long as short
Nado BNB-PERP+0.0100%1h797.87−0.137%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.40−0.072%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.121%$54.3M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h798.50−0.059%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.00−0.121%$35.7M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.13−0.105%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.91−0.133%$79.0M$27.5M75xas long as short
edgeX BNBUSDClong+0.0100%4h798.97long leg$4.1M$76.2M30x
ApeX Omni BNBUSDT+0.0100%1h799.19+0.028%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.20−0.096%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.24−0.091%$386K$494K50xas long as short
Derive BNB-PERPshort+0.0100%1h798.45−0.065%$32K$5K10x
SunX BNB-USDT+0.0100%8h798.72−0.032%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40−0.071%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.76−0.026%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.55−0.052%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.79−0.023%$78K$19K50xas long as short
Binance BNBUSDT+0.0101%8h798.72−0.031%$497.5M$818.0M75xas long as short
MEXC BNB_USDT+0.0102%8h799.10+0.016%$83.0M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h797.84−0.141%$1.7M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.44−0.066%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h799.20+0.029%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0145%8h798.90−0.009%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0160%1h798.59−0.048%$70K$43K12xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.018%$649K$17K10xas long as short
BloFin BNB-USDT+0.0223%8h798.84−0.016%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0233%1h799.07+0.013%$52.5M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h798.28−0.086%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h798.61−0.045%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.766%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.79−0.147%$6K$3K40xas long as short
dYdX BNB-USD+0.0338%1h798.04−0.117%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h798.98+0.001%$2.7M$5.7M40xas long as short