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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against edgeX−0.259%53s7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days+0.199%+$20 · spread now −0.259%, 7d avg −0.102%
Together, before fees+0.180%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$18 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: Extended is 0.156% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.102%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC801.220.0100pay 0.0050% / 4h1h 12m$4.2M$77.6M30x
ShortExtended BNB-USD799.150.0104get 0.0013% / 1h12m 41s$1.9M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.259% → −0.102%
−$15.63
Slippage, 4 orders
−$6.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.41
Costs to cover
0.206%
Break-even
302.1 days
Slippage from edgeX: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago2.50 bp7.0 bp −$77.0 bp −$7010.1 bp −$1,010doesn't fit
Sell Extended live order book, 1 min ago0.06 bp3.3 bp −$34.7 bp −$47doesn'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 −0.0201% / S +0.0372%1h799.62−0.199%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.96−0.157%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.94−0.035%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h800.50−0.090%$147K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h800.45−0.096%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.64−0.197%$9.7M150xas long as short
Variational Omni BNB+0.0035%8h799.95−0.159%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0059%8h799.70−0.190%$13.3Mas long as short
Bybit BNBUSDT+0.0067%8h799.20−0.252%$139.1M$79.6M75xas long as short
Aster BNBUSDT+0.0095%8h800.23−0.124%$6.3M$19.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h800.00−0.152%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h801.17−0.006%$610K$995K50xas long as short
Nado BNB-PERP+0.0100%1h799.73−0.186%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.81−0.176%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.50−0.215%$54.6M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.90−0.165%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.35−0.234%$35.7M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.55−0.209%$28.0M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h799.44−0.222%$80.8M$26.6M75xas long as short
edgeX BNBUSDClong+0.0100%4h801.22long leg$4.2M$77.6M30x
ApeX Omni BNBUSDT+0.0100%1h800.94−0.035%$161K$443K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.53−0.211%$121K$876K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.58−0.205%$386K$527K50xas long as short
Derive BNB-PERP+0.0100%1h799.77−0.181%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.17−0.131%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.80−0.177%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.88−0.168%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.15−0.134%$78K$19K50xas long as short
Extended BNB-USDshort+0.0104%1h799.15−0.259%$1.9M$6.3M50x
Aevo BNB-PERP+0.0104%1h799.64−0.197%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h800.60−0.078%$83.2M$13.8M200xas long as short
Binance BNBUSDT+0.0117%8h800.26−0.120%$502.6M$816.7M75xas long as short
Phemex BNBUSDT+0.0118%8h800.20−0.128%$69.9M$51.8M50xas long as short
Phoenix BNB+0.0155%1h801.63+0.051%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0192%1h800.13−0.137%$71K$48K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.07−0.144%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.63−0.199%$2.6M$971K50xas long as short
BloFin BNB-USDT+0.0237%8h800.61−0.076%$18.3M$2.5M75xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.483%$19K$789K30xas long as short
Bulk BNB-USD+0.0314%1h802.70+0.184%$652K$21K10xas long as short
RISEx BNB/USDC+0.0318%1h799.85−0.172%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0320%1h800.50−0.090%$51.8M$21.9M10xas long as short
01 Exchange BNBUSD+0.0320%1h800.27−0.119%$28K$1K10xas long as short
dYdX BNB-USD+0.0324%1h799.94−0.160%$161K$62K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.27−0.244%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0584%1h800.49−0.091%$2.7M$5.7M40xas long as short