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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: StandX against edgeX+0.234%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Long on edgeXShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 7 days−0.194%−$19 · spread now +0.234%, 7d avg +0.040%
Together, before fees−0.404%+ Points / potential airdropedgeX: Active · StandX: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.194% dearer against edgeX than usual: you sell high and buy low (spread +0.234% now, against its 7-day average of +0.040%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC792.620.0100pay 0.0050% / 4h2h 49m$4.1M$76.6M30x
ShortStandX BNB-USD794.470get 0.0000% / 1h49m 11s$859K$3.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21
Price spread: +0.234% → +0.040%
$19.4
Slippage, 4 orders
−$18.15
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee StandX: 4 bp × 2 orders
−$8
Net
−$36.75
Costs to cover
0.352%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; StandX: live order book, 5 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, 5 min ago2.52 bp7.0 bp −$77.0 bp −$7010.4 bp −$1,039doesn't fit
Sell StandX live order book, 5 min ago5.05 bp10.5 bp −$1112.8 bp −$12854.2 bp −$5,419doesn'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 −0.0161% / S +0.0334%1h793.35+0.092%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h793.48+0.109%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.55+0.118%$4K$23925xas long as short
Gate BNB_USDT−0.0024%8h793.20+0.074%$35.5M$55.2M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h792.87+0.032%$3.0M$28.2M10xas long as short
StandX BNB-USDshort0.0000%1h794.47+0.234%$859K$3.0M30x
Variational Omni BNB+0.0006%8h792.93+0.039%$4.1M$5.1M—as long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.36+0.093%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.574%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h793.95+0.168%$6.1M$20.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0036%1h793.28+0.084%$160K$63K10xas long as short
BingX BNB-USDT+0.0036%8h793.47+0.108%—$35.0M—as long as short
Phemex BNBUSDT+0.0040%8h793.92+0.165%$69.4M$50.3M50xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.39−0.155%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0062%8h794.30+0.212%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0062%8h794.07+0.183%$494.0M$819.7M75xas long as short
Bybit BNBUSDT+0.0070%8h793.40+0.099%$138.2M$77.4M75xas long as short
Phoenix BNB+0.0088%1h792.08−0.068%$170K$36K10xas long as short
Lighter BNB+0.0096%1h793.58+0.122%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.30+0.086%$383K$468K50xas long as short
Nado BNB-PERP+0.0100%1h793.45+0.105%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h793.53+0.116%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.60+0.124%$53.3M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h793.60+0.124%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h793.17+0.070%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h793.12+0.064%$77.4M$28.4M75xas long as short
edgeX BNBUSDClong+0.0100%4h792.62long leg$4.1M$76.6M30x
ApeX Omni BNBUSDT+0.0100%1h793.72+0.139%$160K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.26+0.081%$112K$889K10xas long as short
Derive BNB-PERP+0.0100%1h793.52+0.114%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.88+0.159%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.50+0.112%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h793.30+0.087%$8.1M$8.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h793.57+0.120%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h793.11+0.062%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h793.41+0.100%$381K$110K10xas long as short
Hyperliquid BNB+0.0111%1h794.22+0.202%$52.6M$19.8M10xas long as short
RISEx BNB/USDC+0.0131%1h793.56+0.119%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0139%1h794.97+0.297%$646K$10K10xas long as short
Kalshi KXBNBPERP+0.0158%8h794.00+0.175%$105K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.182%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0232%1h793.99+0.173%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h793.82+0.151%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h793.16+0.068%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0360%1h794.33+0.216%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0448%1h793.56+0.119%$68K$38K12xas long as short