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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Arcus against Gate+0.056%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.056%, 7d avg +0.114%
Together, before fees+0.138%+$14 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: Arcus is 0.058% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT798.350.0100pay 0.0100% / 8h10m 32s$35.8M$58.5M75x
ShortArcus BNB-USD798.800.0100get 0.0013% / 1h10m 32s$53K$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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: +0.056% → +0.114%
−$5.8
Slippage, 4 orders
−$19.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$44.39
Costs to cover
0.386%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Arcus: live order book, 2 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, 3 min ago0.31 bp10.7 bp −$1113.4 bp −$13428.9 bp −$2,89356.5 bp −$28.3K
Sell Arcus live order book, 2 min ago6.26 bp9.5 bp −$924.2 bp −$242doesn'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 −0.0201% / S +0.0372%1h798.27−0.010%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.31−0.005%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h797.85−0.063%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.80+0.056%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.86+0.064%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.36+0.002%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.53−0.102%$4.0M$5.4Mas long as short
BingX BNB-USDC+0.0033%8h798.41+0.008%$13.3Mas long as short
Bybit BNBUSDT+0.0039%8h798.27−0.010%$138.5M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.77+0.053%$604K$983K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0082%8h798.92+0.071%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.55+0.024%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.33−0.002%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.56+0.026%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.30−0.006%$54.3M$112.7M50xas long as short
Arcus BNB-USDshort+0.0100%1h798.80+0.056%$53K$133K10x
Gate BNB_USDTlong+0.0100%8h798.35long leg$35.8M$58.5M75x
KuCoin BNBUSDTM+0.0100%8h798.47+0.015%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.13−0.028%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.97+0.078%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.19+0.105%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.51+0.020%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.84−0.064%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h797.95−0.050%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.97+0.077%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.10−0.031%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.52+0.021%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.20+0.106%$78K$19K50xas long as short
Phemex BNBUSDT+0.0102%8h798.41+0.008%$69.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0103%8h799.30+0.119%$83.0M$13.6M200xas long as short
Binance BNBUSDT+0.0104%8h799.11+0.095%$497.9M$817.8M75xas long as short
Extended BNB-USD+0.0104%1h798.11−0.030%$1.7M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.00−0.044%$383K$40K10xas long as short
Phoenix BNB+0.0127%1h799.20+0.106%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0143%8h798.70+0.044%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0168%1h798.13−0.028%$70K$43K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.29−0.007%$1.6M$165K25xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.129%$649K$17K10xas long as short
BloFin BNB-USDT+0.0224%8h798.50+0.019%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0229%1h799.18+0.104%$52.4M$21.3M10xas long as short
RISEx BNB/USDC+0.0258%1h798.60+0.031%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h799.16+0.101%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.844%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.97−0.048%$6K$3K40xas long as short
dYdX BNB-USD+0.0342%1h798.04−0.039%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h798.63+0.035%$2.7M$5.7M40xas long as short