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+0.0251%/8h= +27.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.040%
Price spread now: RISEx against Extended+0.079%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.142%+$14 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.079%, 7d avg +0.057%
Together, before fees+0.114%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.022% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD786.050.0104pay 0.0013% / 1h52m 32s$1.8M$5.8M50x
ShortRISEx BNB/USDC786.670.0355get 0.0044% / 1h52m 32s$1.1M$911K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$52.61
Price spread: +0.079% → +0.057%
$2.23
Slippage, 4 orders
−$7.02
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$36.82
Costs to cover
0.180%
Break-even
2.1 days
Slippage from Extended: live order book, 1 min ago; RISEx: 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 Extended live order book, 1 min ago0.06 bp2.8 bp −$34.2 bp −$42doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago2.48 bp5.5 bp −$58.7 bp −$87doesn'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 −0.0168% / S +0.0337%1h786.15+0.013%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.16+0.014%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h786.25+0.026%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h785.91−0.019%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h786.90+0.108%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.79−0.034%$9.5M150xas long as short
Aster BNBUSDT+0.0029%8h786.98+0.119%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.422%$19K$789K30xas long as short
BingX BNB-USDT+0.0036%8h786.53+0.061%$22.1Mas long as short
dYdX BNB-USD+0.0043%1h786.35+0.038%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0045%8h787.90+0.235%$82.0M$12.1M200xas long as short
Binance BNBUSDT+0.0045%8h786.94+0.112%$489.5M$812.6M75xas long as short
Lighter BNB+0.0096%1h786.47+0.054%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h786.15+0.013%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h786.97+0.117%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.58+0.067%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h786.27+0.028%$138.5M$73.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.20+0.019%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.40+0.044%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h786.40+0.044%$39.1M$55.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.13+0.010%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.01−0.005%$75.4M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.82+0.098%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.82−0.029%$4.1M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.95−0.013%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.57−0.061%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.56+0.065%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.38+0.042%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h786.49+0.056%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.64+0.075%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.40+0.044%$387K$952K10xas long as short
HTX BNB-USDT+0.0100%8h786.35+0.038%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.81+0.097%$78K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h786.05long leg$1.8M$5.8M50x
Aevo BNB-PERP+0.0104%1h786.38+0.042%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0110%8h786.80+0.095%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59+0.069%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h786.53+0.061%$158K$38K10xas long as short
BloFin BNB-USDT+0.0165%8h786.74+0.088%$17.9M$2.2M75xas long as short
Phemex BNBUSDT+0.0198%8h786.87+0.104%$68.6M$51.1M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.83+0.100%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0208%1h785.85−0.025%$637K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h786.97+0.117%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0320%1h786.11+0.007%$6K$3K40xas long as short
RISEx BNB/USDCshort+0.0355%1h786.67+0.079%$1.1M$911K20x
Hibachi BNB/USDT-P+0.0432%1h786.50+0.057%$67K$39K12xas long as short