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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h +0.030%
Price spread now: edgeX against GRVT−0.022%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Long on GRVTShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.022%, 7d avg −0.048%
Together, before fees+0.042%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.025% dearer against GRVT than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.048%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BNB_USDT_Perp787.420.0226pay 0.0226% / 8h47m 06s$2.9M$28.6M10x
ShortedgeX BNBUSDC787.240.0100get 0.0050% / 4h47m 06s$4.1M$76.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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
−$26.46
Price spread: −0.022% → −0.048%
$2.54
Slippage, 4 orders
−$5.21
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$47.13
Costs to cover
0.232%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; edgeX: live order book, 2 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 GRVT live order book, 2 min ago0.06 bp4.6 bp −$55.4 bp −$5420.3 bp −$2,034doesn't fit
Sell edgeX live order book, 2 min ago2.54 bp7.0 bp −$77.0 bp −$7010.3 bp −$1,028doesn'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 −0.0168% / S +0.0337%1h787.28−0.018%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.67+0.032%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h787.18−0.030%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h788.01+0.075%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.29−0.016%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.245%$19K$789K30xas long as short
BingX BNB-USDC+0.0045%8h787.41−0.001%—$13.4M—as long as short
Aster BNBUSDT+0.0047%8h787.76+0.044%$6.1M$18.9M200xas long as short
dYdX BNB-USD+0.0054%1h787.24−0.022%$160K$62K10xas long as short
MEXC BNB_USDT+0.0056%8h788.50+0.138%$81.2M$11.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0056%8h787.81+0.050%$489.5M$821.2M75xas long as short
Phemex BNBUSDT+0.0076%8h787.90+0.061%$68.8M$51.3M50xas long as short
Lighter BNB+0.0096%1h787.41−0.001%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h787.03−0.049%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h787.15−0.034%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.89+0.060%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.60+0.023%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.027%$138.5M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10−0.040%$53.6M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.50+0.011%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.30−0.015%$38.2M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.96−0.058%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.96−0.058%$76.4M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.66+0.031%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30−0.142%$4.0M$4.7M—as long as short
edgeX BNBUSDCshort+0.0100%4h787.24−0.022%$4.1M$76.2M30x
ApeX Omni BNBUSDT+0.0100%1h787.79+0.047%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.18−0.030%$132K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.35−0.008%$265K$434K50xas long as short
Derive BNB-PERP+0.0100%1h787.48+0.008%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.82+0.051%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.50+0.011%$387K$975K10xas long as short
HTX BNB-USDT+0.0100%8h787.34−0.009%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.86+0.057%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.96−0.058%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h787.40−0.002%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h787.02−0.050%$563K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h787.70+0.036%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0176%8h787.95+0.068%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.82+0.052%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0210%1h786.98−0.055%$638K$83110xas long as short
GRVT BNB_USDT_Perplong+0.0226%8h787.42long leg$2.9M$28.6M10x
01 Exchange BNBUSD+0.0264%1h787.94+0.067%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h787.01−0.051%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h787.65+0.030%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h787.70+0.036%$67K$39K12xas long as short