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+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: ApeX Omni against Hotstuff−0.069%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 airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.069% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP802.06−0.0080get 0.0010% / 1h22m 45s$4K$1K25x
ShortApeX Omni BNBUSDT801.510.0100get 0.0013% / 1h22m 45s$161K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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
$37.8
Price spread: −0.069% → 0.000%
−$6.86
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$15.94
Costs to cover
0.150%
Break-even
4.0 days
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 60 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 Hotstuff no order-book sample
Sell ApeX Omni live order book, 60 min ago3.47 bp8.5 bp −$828.9 bp −$289doesn't fitdoesn't fit
Hotstuff: 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]L −0.0201% / S +0.0372%1h801.75−0.039%$48K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h802.06long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h801.96−0.012%$3.0M$29.6M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.00−0.007%$158K$2.9M4.8xas long as short
StandX BNB-USD0.0000%1h802.56+0.062%$867K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.77−0.036%$9.7M150xas long as short
Variational Omni BNB+0.0039%8h800.35−0.213%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0065%8h801.86−0.025%$13.3Mas long as short
Bybit BNBUSDT+0.0076%8h801.49−0.071%$139.5M$83.2M75xas long as short
Lighter BNB+0.0096%1h802.16+0.012%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17−0.111%$610K$1.0M50xas long as short
Nado BNB-PERP+0.0100%1h801.13−0.116%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h801.64−0.053%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.70−0.045%$54.8M$117.4M50xas long as short
Arcus BNB-USD+0.0100%1h802.10+0.005%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h801.55−0.064%$35.8M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.60−0.057%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h801.53−0.066%$81.0M$26.9M75xas long as short
edgeX BNBUSDC+0.0100%4h801.76−0.037%$4.2M$77.5M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h801.51−0.069%$161K$442K50x
Polymarket Perps BNB-USD+0.0100%1h801.82−0.030%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.74−0.040%$387K$568K50xas long as short
Derive BNB-PERP+0.0100%1h801.98−0.010%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.00−0.008%$12K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h801.53−0.066%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.98−0.010%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.34+0.035%$6.3M$19.2M200xas long as short
Extended BNB-USD+0.0104%1h801.28−0.098%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h801.87−0.023%$385K$40K10xas long as short
SoDEX BNB-USD+0.0111%1h802.00−0.007%$394K$1.0M10xas long as short
MEXC BNB_USDT+0.0118%8h802.60+0.067%$83.5M$13.8M200xas long as short
Binance BNBUSDT+0.0119%8h802.50+0.055%$504.3M$829.0M75xas long as short
Phemex BNBUSDT+0.0122%8h802.36+0.037%$70.1M$51.8M50xas long as short
Phoenix BNB+0.0155%1h802.16+0.012%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0168%1h801.82−0.030%$71K$48K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.30+0.030%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h801.81−0.031%$2.6M$983K50xas long as short
BloFin BNB-USDT+0.0239%8h802.48+0.052%$18.3M$2.6M75xas long as short
dYdX BNB-USD+0.0242%1h801.98−0.010%$162K$62K10xas long as short
Hyperliquid BNB+0.0305%1h802.81+0.094%$51.9M$21.9M10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.378%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h801.92−0.017%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0328%1h802.49+0.054%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0333%1h801.49−0.072%$6K$3K40xas long as short
Bulk BNB-USD+0.0354%1h801.59−0.059%$651K$21K10xas long as short
Backpack BNB_USDC_PERP+0.0626%1h802.67+0.076%$2.7M$5.7M40xas long as short