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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Gate+0.171%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 3 days (all we have)+0.176%+$18 · spread now +0.171%, 7d avg +0.082%
Together, before fees+0.241%+$24 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: ApeX Omni is 0.089% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT801.950.0100pay 0.0100% / 8h2h 49m$35.9M$58.2M75x
ShortApeX Omni BNBUSDT803.320.0100get 0.0013% / 1h49m 32s$158K$437K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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: +0.171% → +0.082%
$8.89
Slippage, 4 orders
−$16.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$32.94
Costs to cover
0.418%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 38 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 Gate live order book, 4 min ago0.31 bp9.7 bp −$1012.5 bp −$12529.6 bp −$2,96260.2 bp −$30.1K
Sell ApeX Omni live order book, 38 min ago5.28 bp11.2 bp −$1133.6 bp −$336doesn'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 −0.0195% / S +0.0371%1h802.40+0.057%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.82+0.108%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.141%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.70+0.094%$109K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.33+0.172%$868K$3.0M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h802.90+0.118%$1.6M$162K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.47+0.065%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.40+0.057%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15+0.025%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0070%8h802.31+0.045%$13.3Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0086%8h802.94+0.123%$6.4M$18.9M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.254%$608K$899K50xas long as short
Lighter BNB+0.0096%1h802.31+0.045%$2.8M$4.2M20xas long as short
Bybit BNBUSDT+0.0098%8h801.80−0.019%$138.8M$83.5M75xas long as short
Nado BNB-PERP+0.0100%1h801.89−0.007%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.46+0.064%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.20+0.031%$54.9M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h802.50+0.069%$52K$191K10xas long as short
Gate BNB_USDTlong+0.0100%8h801.95long leg$35.9M$58.2M75x
KuCoin BNBUSDTM+0.0100%8h802.22+0.034%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h801.77−0.022%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.226%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h803.32+0.171%$158K$437K50x
Polymarket Perps BNB-USD+0.0100%1h802.18+0.029%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.42+0.059%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.58+0.079%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.48+0.190%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.40+0.056%$395K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h802.47+0.065%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.90+0.119%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.40+0.181%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h802.83+0.110%$517.9M$807.2M75xas long as short
Extended BNB-USD+0.0104%1h801.83−0.015%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.49+0.068%$385K$40K10xas long as short
Phemex BNBUSDT+0.0123%8h802.97+0.127%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.145%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.187%$649K$11K10xas long as short
Hyperliquid BNB+0.0161%1h802.90+0.118%$51.6M$21.3M10xas long as short
RISEx BNB/USDC+0.0209%1h802.63+0.085%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0216%1h802.35+0.050%$170K$55K10xas long as short
BloFin BNB-USDT+0.0222%8h803.27+0.165%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.79+0.105%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0320%1h802.94+0.123%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h801.97+0.003%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.370%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0671%1h803.50+0.193%$3.0M$5.3M40xas long as short