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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.030%
Price spread now: StandX against Gate+0.272%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 7 days−0.161%−$16 · spread now +0.272%, 7d avg +0.102%
Together, before fees−0.312%+ Points / potential airdropStandX: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and StandX is 0.170% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT796.95−0.0011get 0.0011% / 8h7h 18m$35.8M$56.8M75x
ShortStandX BNB-USD799.120get 0.0000% / 1h18m 29s$864K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$2.31
Price spread: +0.272% → +0.102%
$16.99
Slippage, 4 orders
−$16.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee StandX: 4 bp × 2 orders
−$8
Net
−$20.26
Costs to cover
0.396%
Break-even
68.4 days
Slippage from Gate: live order book, 5 min ago; StandX: live order book, just now.

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, 5 min ago0.31 bp8.8 bp −$911.4 bp −$11429.2 bp −$2,92260.3 bp −$30.2K
Sell StandX live order book, just now4.89 bp10.7 bp −$1113.0 bp −$13054.3 bp −$5,433doesn'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 −0.0159% / S +0.0335%1h798.43+0.186%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.53+0.073%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h797.57+0.078%$4K$23925xas long as short
Gate BNB_USDTlong−0.0011%8h796.95long leg$35.8M$56.8M75x
BingX BNB-USDT−0.0007%8h797.20+0.031%$35.0Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.85+0.239%$3.0M$27.9M10xas long as short
StandX BNB-USDshort0.0000%1h799.12+0.272%$864K$2.9M30x
Variational Omni BNB+0.0004%8h797.72+0.096%$4.1M$5.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.37+0.178%$9.7M150xas long as short
Bybit BNBUSDT+0.0013%8h797.00+0.006%$138.4M$76.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0016%8h798.03+0.136%$69.7M$50.2M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.021%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.266%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0053%8h797.52+0.071%$6.1M$19.4M200xas long as short
Binance BNBUSDT+0.0075%8h797.72+0.097%$495.3M$811.6M75xas long as short
MEXC BNB_USDT+0.0076%8h798.00+0.132%$83.0M$13.7M200xas long as short
Lighter BNB+0.0096%1h797.32+0.046%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.274%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h796.70−0.031%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.18+0.028%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.20+0.031%$54.1M$110.8M50xas long as short
Arcus BNB-USD+0.0100%1h797.40+0.056%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.07+0.015%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h796.94−0.001%$78.1M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.91+0.245%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.95+0.251%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.26+0.039%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.08+0.142%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.19+0.156%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.83+0.236%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.70+0.094%$392K$997K10xas long as short
HTX BNB-USDT+0.0100%8h797.02+0.009%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h797.64+0.087%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h796.83−0.015%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.12+0.147%$383K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80+0.107%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h797.23+0.035%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h798.70+0.220%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0196%8h798.72+0.222%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h797.74+0.099%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.23+0.161%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0201%1h796.94−0.001%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0272%1h798.92+0.247%$68K$38K12xas long as short
Hyperliquid BNB+0.0295%1h798.27+0.166%$53.1M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.06+0.014%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0420%1h798.50+0.194%$2.7M$5.7M40xas long as short