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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.005%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.005%, 7d avg +0.038%
Together, before fees−0.013%+ Points / potential airdropExtended: Active · 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: KuCoin is 0.044% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD785.040.0104pay 0.0013% / 1h55m 24s$1.8M$5.8M50x
ShortKuCoin BNBUSDTM785.000.0100get 0.0100% / 8h7h 55m$27.7M$10.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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: −0.005% → +0.038%
−$4.38
Slippage, 4 orders
−$9.23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$31.45
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; KuCoin: live order book, 4 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 Extended live order book, 4 min ago0.45 bp3.1 bp −$34.4 bp −$44doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago0.45 bp7.1 bp −$722.9 bp −$22952.1 bp −$5,210doesn'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 −0.0168% / S +0.0337%1h785.62+0.074%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.77+0.093%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h786.13+0.139%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.07+0.258%$849K$2.7M30xas long as short
Phemex BNBUSDT0.0000%8h786.89+0.235%$68.6M$51.1M50xas long as short
dYdX BNB-USD+0.0006%1h785.65+0.078%$159K$62K10xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.60+0.071%$9.5M150xas long as short
Aster BNBUSDT+0.0030%8h785.92+0.112%$6.0M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.554%$19K$789K30xas long as short
BingX BNB-USDC+0.0037%8h785.90+0.109%$13.4Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0045%8h786.80+0.224%$81.2M$12.0M200xas long as short
Binance BNBUSDT+0.0046%8h785.84+0.101%$488.8M$812.8M75xas long as short
Lighter BNB+0.0096%1h785.45+0.052%$2.7M$3.6M20xas long as short
Phoenix BNB+0.0100%1h785.66+0.079%$158K$38K10xas long as short
Nado BNB-PERP+0.0100%1h785.25+0.027%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h786.01+0.123%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h785.60+0.072%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h785.25+0.027%$138.3M$73.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.20+0.020%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h785.50+0.058%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h785.35+0.039%$39.0M$55.3M75xas long as short
KuCoin BNBUSDTMshort+0.0100%8h785.00−0.005%$27.7M$10.2M75x
Bitget BNBUSDT+0.0100%8h785.10+0.007%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.44+0.178%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.82+0.099%$4.1M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h786.27+0.157%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.42+0.048%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.55+0.065%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.23+0.151%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h786.49+0.185%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.73+0.215%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.30+0.160%$387K$954K10xas long as short
HTX BNB-USDT+0.0100%8h786.48+0.184%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.93+0.113%$78K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h785.04long leg$1.8M$5.8M50x
Aevo BNB-PERP+0.0104%1h786.16+0.142%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0108%8h786.80+0.224%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59+0.197%$548K$1.9M50xas long as short
BloFin BNB-USDT+0.0166%8h786.83+0.228%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0185%8h785.57+0.067%$2.9M$27.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.61+0.199%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0208%1h785.85+0.103%$637K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h785.89+0.108%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0320%1h785.16+0.015%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h785.61+0.073%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h786.20+0.148%$67K$39K12xas long as short