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 0.000%
Price spread now: edgeX against Gate−0.045%82s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.338% 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 7 days+0.121%+$12 · spread now −0.045%, 7d avg +0.063%
Together, before fees+0.186%+ Points / potential airdropedgeX: Active · farm board+$19 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: edgeX is 0.108% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT806.750.0100pay 0.0100% / 8h1h 40m$36.1M$57.6M75x
ShortedgeX BNBUSDC806.390.0100get 0.0050% / 4h1h 40m$4.2M$76.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.045% → +0.063%
−$10.79
Slippage, 4 orders
−$9.77
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$44.57
Costs to cover
0.338%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; edgeX: 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 Gate live order book, 4 min ago0.31 bp10.8 bp −$1114.2 bp −$14228.5 bp −$2,85255.0 bp −$27.5K
Sell edgeX live order book, 4 min ago2.48 bp7.0 bp −$77.0 bp −$7010.4 bp −$1,039doesn'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%1h806.94+0.023%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.39+0.079%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.21−0.067%$3.0M$29.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.40+0.081%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.73−0.002%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.95+0.025%$9.8M150xas long as short
Variational Omni BNB+0.0044%8h806.56−0.024%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h807.08+0.041%$34.5Mas long as short
Bybit BNBUSDT+0.0083%8h806.20−0.068%$139.6M$81.1M75xas long as short
Hibachi BNB/USDT-P+0.0088%1h806.88+0.016%$72K$48K12xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h807.27+0.064%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.150%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.60−0.019%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h807.15+0.049%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.50−0.031%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h807.30+0.068%$53K$170K10xas long as short
Gate BNB_USDTlong+0.0100%8h806.75long leg$36.1M$57.6M75x
KuCoin BNBUSDTM+0.0100%8h806.72−0.004%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.44−0.038%$78.8M$25.0M75xas long as short
edgeX BNBUSDCshort+0.0100%4h806.39−0.045%$4.2M$76.5M30x
ApeX Omni BNBUSDT+0.0100%1h806.49−0.032%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.85+0.012%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.94+0.024%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h807.23+0.059%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.57+0.101%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.92+0.021%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.51+0.094%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.17−0.072%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h807.04+0.036%$388K$40K10xas long as short
Aster BNBUSDT+0.0107%8h807.70+0.117%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0121%8h807.70+0.118%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0122%8h807.26+0.063%$521.2M$803.4M75xas long as short
Phemex BNBUSDT+0.0132%8h807.53+0.097%$70.5M$51.7M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.056%$173K$35K10xas long as short
SoDEX BNB-USD+0.0188%1h807.00+0.031%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0203%1h806.57−0.022%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.94+0.024%$2.5M$929K50xas long as short
Hyperliquid BNB+0.0213%1h807.80+0.130%$52.0M$22.1M10xas long as short
BloFin BNB-USDT+0.0241%8h807.24+0.061%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.113%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h807.45+0.087%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.206%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h807.14+0.049%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.47−0.035%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.79+0.129%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0704%1h807.97+0.151%$3.0M$5.5M40xas long as short