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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0297%/8h= +32.5% APRpaid last 24h +0.082%
Price spread now: Aster against GMX+0.098%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.098% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]806.12L −0.0195% / S +0.0371%get 0.0024% / 1h55m 17s$49K200x
ShortAster BNBUSDT806.910.0102get 0.0102% / 8h1h 55m$6.4M$18.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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
$62.37
Price spread: +0.098% → 0.000%
$9.83
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$52.2
Costs to cover
0.200%
Break-even
1.1 days
Slippage unknown: GMX: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Aster live order book, 4 min ago0.06 bp4.2 bp −$45.5 bp −$5517.6 bp −$1,764doesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]longL −0.0195% / S +0.0371%1h806.12long leg$49K200x
Hotstuff BNB-PERP−0.0080%1h806.51+0.048%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.83−0.160%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.60−0.065%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.39−0.215%$869K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.17+0.006%$9.8M150xas long as short
Hibachi BNB/USDT-P+0.0016%1h805.66−0.057%$71K$48K12xas long as short
Variational Omni BNB+0.0044%8h805.28−0.104%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0056%8h805.46−0.082%$13.3Mas long as short
Bybit BNBUSDT+0.0080%8h805.90−0.027%$139.5M$82.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.68+0.069%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76−0.045%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h805.57−0.068%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.05−0.009%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.00−0.015%$55.2M$116.3M50xas long as short
Arcus BNB-USD+0.0100%1h806.20+0.010%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.15+0.004%$36.2M$57.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.11−0.001%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.99−0.016%$79.1M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h804.99−0.140%$4.2M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.61−0.187%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.22+0.012%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.120.000%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.30+0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.55+0.054%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.58+0.056%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.18+0.008%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.54+0.052%$79K$19K50xas long as short
Aster BNBUSDTshort+0.0102%8h806.91+0.098%$6.4M$18.8M200x
Extended BNB-USD+0.0104%1h805.67−0.056%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h806.34+0.027%$387K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h807.20+0.134%$84.7M$13.3M200xas long as short
Binance BNBUSDT+0.0117%8h806.87+0.093%$521.0M$805.8M75xas long as short
Hyperliquid BNB+0.0120%1h807.01+0.110%$51.9M$22.0M10xas long as short
Phoenix BNB+0.0125%1h805.95−0.021%$173K$35K10xas long as short
dYdX BNB-USD+0.0133%1h805.79−0.041%$162K$63K10xas long as short
Phemex BNBUSDT+0.0139%8h807.08+0.119%$70.4M$51.9M50xas long as short
SoDEX BNB-USD+0.0202%1h806.20+0.010%$397K$1.0M10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.17+0.006%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0237%8h806.74+0.077%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0273%1h805.26−0.107%$650K$14K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.128%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.14+0.002%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.01−0.013%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h807.11+0.123%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0698%1h806.74+0.077%$3.0M$5.5M40xas long as short