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 0.000%
Price spread now: edgeX against HTX−0.004%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.244%+$24 · spread now −0.004%, 7d avg +0.079%
Together, before fees+0.247%+ Points / potential airdropedgeX: Active · farm board+$25 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: edgeX is 0.083% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT802.950.0100pay 0.0100% / 8h2h 47m$8.2M$7.4M75x
ShortedgeX BNBUSDC802.910.0100get 0.0050% / 4h2h 47m$4.2M$76.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.004% → +0.079%
−$8.31
Slippage, 4 orders
−$11.34
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$40.65
Costs to cover
0.323%
Break-even
never at this rate
Slippage from HTX: 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 HTX live order book, 2 min ago1.61 bp11.3 bp −$1114.6 bp −$14648.4 bp −$4,837doesn't fit
Sell edgeX live order book, 2 min ago1.87 bp6.4 bp −$66.4 bp −$6410.5 bp −$1,046doesn'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 −0.0195% / S +0.0371%1h802.66−0.036%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.06+0.014%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.69−0.032%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20+0.032%$116K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.32+0.046%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.76−0.024%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.76−0.024%$2.5M$909K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.099%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0068%8h802.76−0.023%$34.5Mas long as short
Aster BNBUSDT+0.0086%8h803.27+0.040%$6.4M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.130%$608K$888K50xas long as short
Bybit BNBUSDT+0.0094%8h802.02−0.115%$138.7M$82.6M75xas long as short
Lighter BNB+0.0096%1h802.83−0.014%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.43−0.065%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.88−0.008%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.60−0.043%$54.9M$115.1M50xas long as short
Arcus BNB-USD+0.0100%1h802.70−0.031%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.45−0.062%$35.9M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.53−0.052%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.35−0.074%$78.9M$24.5M75xas long as short
edgeX BNBUSDCshort+0.0100%4h802.91−0.004%$4.2M$76.9M30x
ApeX Omni BNBUSDT+0.0100%1h803.32+0.046%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.58−0.046%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.73−0.027%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.86−0.011%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.29+0.042%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.80−0.018%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.20+0.031%$1.6M$165K25xas long as short
HTX BNB-USDTlong+0.0100%8h802.95long leg$8.2M$7.4M75x
Paradex BNB-USD-PERP+0.0100%8h803.45+0.062%$78K$19K50xas long as short
MEXC BNB_USDT+0.0101%8h803.70+0.094%$84.4M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h803.30+0.044%$518.1M$804.3M75xas long as short
Extended BNB-USD+0.0104%1h802.36−0.073%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.95+0.001%$386K$40K10xas long as short
Phemex BNBUSDT+0.0121%8h803.22+0.034%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h802.78−0.021%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.063%$649K$11K10xas long as short
Hyperliquid BNB+0.0163%1h803.35+0.050%$51.6M$21.3M10xas long as short
RISEx BNB/USDC+0.0209%1h803.05+0.013%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0209%1h802.35−0.074%$170K$55K10xas long as short
BloFin BNB-USDT+0.0222%8h803.39+0.055%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.53−0.052%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0312%1h803.48+0.066%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.43−0.064%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.246%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0698%1h803.75+0.100%$3.0M$5.3M40xas long as short