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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Derive against HTX+0.026%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.026% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT800.970.0100pay 0.0100% / 8h59m 04s$8.2M$7.9M75x
ShortDerive BNB-PERP801.180.0100get 0.0013% / 1h59m 04s$32K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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: +0.026% → 0.000%
$2.62
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$15.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Derive: 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 HTX live order book, 5 min ago2.38 bp8.8 bp −$911.7 bp −$11738.5 bp −$3,851doesn't fit
Sell Derive no order-book sample
Derive: 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%1h800.94−0.004%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.35+0.047%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.15+0.022%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99+0.002%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.130%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.92−0.006%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.116%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h801.56+0.074%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h801.12+0.019%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.031%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h801.52+0.069%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h800.48−0.062%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h801.21+0.030%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.30+0.041%$54.7M$113.8M50xas long as short
Arcus BNB-USD+0.0100%1h801.40+0.054%$53K$134K10xas long as short
Gate BNB_USDT+0.0100%8h801.30+0.041%$35.8M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.08+0.014%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.26+0.036%$80.9M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.053%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.051%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.78−0.024%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.99+0.002%$387K$489K50xas long as short
Derive BNB-PERPshort+0.0100%1h801.18+0.026%$32K$5K10x
SunX BNB-USDT+0.0100%8h801.40+0.054%$13K$1.7M50xas long as short
HTX BNB-USDTlong+0.0100%8h800.97long leg$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h801.71+0.092%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.06+0.136%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h800.67−0.037%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h801.34+0.046%$385K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h801.43+0.057%$70.1M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0117%8h801.10+0.016%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0119%8h802.40+0.178%$83.3M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h802.25+0.160%$502.0M$819.0M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.025%$172K$34K10xas long as short
Hibachi BNB/USDT-P+0.0240%1h800.59−0.048%$71K$48K12xas long as short
BloFin BNB-USDT+0.0241%8h801.83+0.107%$18.2M$2.5M75xas long as short
SoDEX BNB-USD+0.0247%1h801.30+0.041%$394K$1.0M10xas long as short
RISEx BNB/USDC+0.0258%1h801.05+0.010%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15+0.022%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.56+0.074%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.514%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h800.45−0.065%$6K$3K40xas long as short
Hyperliquid BNB+0.0335%1h802.28+0.163%$51.9M$21.6M10xas long as short
dYdX BNB-USD+0.0369%1h800.88−0.011%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0412%1h802.31+0.167%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0448%1h801.71+0.092%$28K$1K10xas long as short