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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0195%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.041%
Price spread now: StandX against GMX+0.028%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 airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and StandX is 0.028% dearer against GMX than usual: you sell high and buy low: +$3 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]803.87L −0.0195% / S +0.0371%get 0.0024% / 1h28m 34s$48K200x
ShortStandX BNB-USD804.090get 0.0000% / 1h28m 34s$869K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$40.89
Price spread: +0.028% → 0.000%
$2.78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
$23.67
Costs to cover
0.200%
Break-even
2.9 days
Slippage unknown: GMX: no order-book sample; StandX: live order book, just now. 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 StandX live order book, just now5.22 bp11.1 bp −$1113.6 bp −$13670.0 bp −$6,998doesn'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%1h803.87long leg$48K200x
Hotstuff BNB-PERP−0.0080%1h804.71+0.105%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.60+0.092%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.60+0.091%$112K$2.5M4.8xas long as short
StandX BNB-USDshort0.0000%1h804.09+0.028%$869K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.92+0.007%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.29+0.053%$2.5M$909K50xas long as short
Variational Omni BNB+0.0049%8h803.71−0.019%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h804.43+0.070%$34.5Mas long as short
Bybit BNBUSDT+0.0075%8h804.00+0.017%$139.4M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.19+0.040%$609K$878K50xas long as short
Aster BNBUSDT+0.0090%8h804.76+0.111%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h804.56+0.086%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.76−0.013%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.59+0.090%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.10+0.029%$55.1M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h804.60+0.091%$53K$165K10xas long as short
Gate BNB_USDT+0.0100%8h804.15+0.035%$35.9M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.11+0.030%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.06+0.024%$79.1M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h804.62+0.093%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.73+0.107%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.85−0.002%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.14+0.034%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h804.27+0.051%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.66+0.098%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.61+0.093%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.24+0.047%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.03+0.145%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.12+0.032%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h804.15+0.036%$386K$40K10xas long as short
MEXC BNB_USDT+0.0107%8h805.40+0.191%$84.5M$13.6M200xas long as short
Binance BNBUSDT+0.0108%8h805.01+0.142%$519.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0125%8h804.61+0.093%$70.2M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.93+0.008%$173K$35K10xas long as short
Hyperliquid BNB+0.0162%1h804.96+0.136%$51.7M$21.3M10xas long as short
SoDEX BNB-USD+0.0181%1h804.10+0.029%$396K$1.0M10xas long as short
Bulk BNB-USD+0.0197%1h804.34+0.059%$650K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.71+0.105%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0227%8h804.67+0.100%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h804.11+0.030%$71K$48K12xas long as short
dYdX BNB-USD+0.0280%1h804.28+0.051%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0328%1h805.29+0.177%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h803.68−0.023%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.127%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0653%1h805.01+0.142%$3.0M$5.4M40xas long as short