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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX+0.014%7-day average −0.040% · 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 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.014%, 7d avg −0.040%
Together, before fees−0.058%+ Points / potential airdropedgeX: Active · farm board−$6 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: Orderly is 0.054% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC787.240.0100pay 0.0050% / 4h46m 53s$4.1M$76.2M30x
ShortOrderly PERP_BNB_USDC787.350.0100get 0.0100% / 8h46m 53s$265K$434K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.014% → −0.040%
$5.35
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$9.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 2 min ago; Orderly: 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, 2 min ago2.54 bp7.0 bp −$77.0 bp −$7010.5 bp −$1,047doesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h787.28+0.005%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.67+0.055%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h787.18−0.008%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h788.01+0.098%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.29+0.006%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.267%$19K$789K30xas long as short
BingX BNB-USDT+0.0045%8h787.42+0.023%$22.3Mas long as short
Aster BNBUSDT+0.0047%8h787.76+0.066%$6.1M$18.9M200xas long as short
dYdX BNB-USD+0.0054%1h787.240.000%$160K$62K10xas long as short
MEXC BNB_USDT+0.0056%8h788.40+0.147%$81.2M$11.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0056%8h787.81+0.072%$489.5M$821.5M75xas long as short
Phemex BNBUSDT+0.0076%8h787.90+0.084%$68.8M$51.3M50xas long as short
Lighter BNB+0.0096%1h787.41+0.022%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h787.03−0.027%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h787.15−0.011%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.89+0.082%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.60+0.046%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.005%$138.5M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.00−0.031%$53.6M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.50+0.033%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.25+0.001%$38.2M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.94−0.038%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.03−0.027%$76.4M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.66+0.053%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30−0.120%$4.0M$4.7Mas long as short
edgeX BNBUSDClong+0.0100%4h787.24long leg$4.1M$76.2M30x
ApeX Omni BNBUSDT+0.0100%1h787.79+0.070%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.18−0.008%$132K$953K10xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h787.35+0.014%$265K$434K50x
Derive BNB-PERP+0.0100%1h787.48+0.030%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.82+0.073%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.50+0.033%$387K$975K10xas long as short
HTX BNB-USDT+0.0100%8h787.34+0.013%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.86+0.079%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.94−0.039%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h787.40+0.021%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h787.02−0.028%$563K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h787.70+0.058%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0176%8h787.95+0.090%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.82+0.074%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0210%1h786.98−0.033%$638K$83110xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.42+0.022%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.94+0.089%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h787.01−0.029%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h787.65+0.052%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h787.70+0.059%$67K$39K12xas long as short