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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0494%/8h= +54.1% APRnext payment +$0.62 per $10,000 · paid last 24h +0.135%
Price spread now: Reya against GMX−0.020%7-day average · you buy dearer than you sell
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 airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]788.75L −0.0167% / S +0.0335%get 0.0021% / 1h36m 31s$46K200x
ShortReya BNBRUSDPERP788.600.0328get 0.0041% / 1h36m 31s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$103.75
Price spread: −0.020% → 0.000%
−$1.98
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$83.78
Costs to cover
0.180%
Break-even
1.3 days
Slippage unknown: GMX: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample
GMX and Reya: 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 −0.0167% / S +0.0335%1h788.75long leg$46K200x
Hotstuff BNB-PERP−0.0080%1h788.96+0.026%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.05+0.038%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h788.77+0.002%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.071%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h789.51+0.096%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09+0.043%$618K$1.8M50xas long as short
BingX BNB-USDT+0.0058%8h789.09+0.043%$34.4Mas long as short
Phemex BNBUSDT+0.0068%8h789.35+0.076%$69.1M$51.0M50xas long as short
MEXC BNB_USDT+0.0074%8h790.00+0.158%$80.3M$12.4M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0075%8h789.41+0.084%$493.5M$804.8M75xas long as short
Variational Omni BNB+0.0086%8h787.60−0.146%$4.1M$4.6Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h788.64−0.014%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.25+0.063%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.79+0.005%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h788.80+0.006%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.27+0.066%$51.7M$18.1M10xas long as short
Pacifica BNB+0.0100%1h789.26+0.065%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h788.80+0.006%$138.7M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80+0.006%$53.5M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h789.20+0.057%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.80+0.006%$35.3M$56.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.66−0.012%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.84+0.011%$76.9M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.20+0.057%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.57−0.023%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.03+0.035%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.76+0.001%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h789.03+0.035%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.89+0.017%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.04+0.037%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.66+0.115%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.68−0.009%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h788.86+0.014%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h788.63−0.015%$169K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h789.15+0.051%$2.9M$28.2M10xas long as short
SoDEX BNB-USD+0.0141%1h788.80+0.006%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0187%8h788.90+0.019%$96K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h789.53+0.099%$18.2M$2.3M75xas long as short
dYdX BNB-USD+0.0236%1h788.84+0.012%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0296%1h789.53+0.099%$28K$4K10xas long as short
Reya BNBRUSDPERPshort+0.0328%1h788.60−0.020%$6K$3K40x
RISEx BNB/USDC+0.0361%1h789.34+0.075%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.088%$638K$13K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h789.24+0.063%$1.5M$147K25xas long as short
Hibachi BNB/USDT-P+0.0584%1h788.66−0.012%$67K$38K12xas long as short