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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX−0.001%46s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.001%, 7d avg −0.028%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.027% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT792.650.0100pay 0.0100% / 8h6h 33m$8.1M$8.8M75x
ShortBitget BNBUSDT792.640.0100get 0.0100% / 8h6h 33m$77.2M$28.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
$0
Price spread: −0.001% → −0.028%
$2.68
Slippage, 4 orders
−$9.91
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$31.24
Costs to cover
0.339%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Bitget: live order book, 6 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 HTX live order book, 1 min ago1.17 bp7.2 bp −$710.2 bp −$10245.0 bp −$4,500doesn't fit
Sell Bitget live order book, 6 min ago0.06 bp7.3 bp −$79.8 bp −$9819.7 bp −$1,970doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h792.91+0.033%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h793.59+0.119%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h794.21+0.197%$4K$23925xas long as short
StandX BNB-USD0.0000%1h793.47+0.104%$857K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h792.87+0.028%$9.7M150xas long as short
Gate BNB_USDT+0.0015%8h792.60−0.006%$35.3M$55.8M75xas long as short
Variational Omni BNB+0.0021%8h792.33−0.040%$4.0M$4.9Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.570%$19K$789K30xas long as short
Aster BNBUSDT+0.0035%8h793.43+0.099%$6.1M$19.8M200xas long as short
GRVT BNB_USDT_Perp+0.0045%8h793.31+0.083%$3.0M$28.8M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h794.23+0.200%$69.4M$50.5M50xas long as short
BingX BNB-USDC+0.0049%8h793.04+0.050%$13.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.17−0.186%$607K$1.1M50xas long as short
dYdX BNB-USD+0.0059%1h793.27+0.079%$160K$63K10xas long as short
MEXC BNB_USDT+0.0062%8h793.40+0.095%$82.3M$12.8M200xas long as short
Binance BNBUSDT+0.0063%8h793.50+0.108%$493.7M$813.7M75xas long as short
Phoenix BNB+0.0088%1h792.22−0.054%$170K$36K10xas long as short
Lighter BNB+0.0096%1h793.11+0.059%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.53+0.112%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.10+0.057%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h793.38+0.093%$52.0M$19.8M10xas long as short
Pacifica BNB+0.0100%1h793.08+0.055%$1.2M$926K20xas long as short
Bybit BNBUSDT+0.0100%8h792.70+0.007%$138.3M$77.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h792.60−0.006%$53.1M$110.5M50xas long as short
Arcus BNB-USD+0.0100%1h793.00+0.045%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h792.73+0.011%$27.7M$10.1M75xas long as short
Bitget BNBUSDTshort+0.0100%8h792.64−0.001%$77.2M$28.3M75x
edgeX BNBUSDC+0.0100%4h793.22+0.072%$4.1M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h793.21+0.071%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h792.80+0.019%$111K$888K10xas long as short
Derive BNB-PERP+0.0100%1h793.76+0.140%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.47+0.104%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.80+0.146%$390K$995K10xas long as short
HTX BNB-USDTlong+0.0100%8h792.65long leg$8.1M$8.8M75x
Paradex BNB-USD-PERP+0.0100%8h793.29+0.081%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h792.29−0.045%$1.7M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h793.70+0.133%$381K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h792.88+0.030%$1.1M$1.3M20xas long as short
Kalshi KXBNBPERP+0.0163%8h793.80+0.146%$111K$2.8M4.8xas long as short
Bulk BNB-USD+0.0175%1h792.60−0.006%$642K$16K10xas long as short
01 Exchange BNBUSD+0.0248%1h793.18+0.067%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h792.61−0.005%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0394%1h794.57+0.243%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h794.12+0.186%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0528%1h793.73+0.137%$68K$38K12xas long as short