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: Orderly against HTX−0.009%7-day average +0.044% · 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 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.009%, 7d avg +0.044%
Together, before fees+0.098%+$10 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: Orderly is 0.053% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT788.520.0100pay 0.0100% / 8h4h 03m$8.1M$9.5M75x
ShortOrderly PERP_BNB_USDC788.450.0100get 0.0100% / 8h4h 03m$265K$492K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$0.01
Price spread: −0.009% → +0.044%
−$5.34
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Orderly: 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 ago0.01 bp7.0 bp −$79.5 bp −$9539.1 bp −$3,909doesn't fit
Sell Orderly no order-book sample
Orderly: 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 −0.0189% / S +0.0354%1h788.31−0.027%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.91+0.049%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.88+0.045%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.39−0.017%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.101%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h789.16+0.081%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0047%8h788.65+0.016%$13.3Mas long as short
MEXC BNB_USDT+0.0057%8h789.60+0.137%$80.1M$12.4M200xas long as short
Phemex BNBUSDT+0.0058%8h789.19+0.085%$69.0M$50.3M50xas long as short
Binance BNBUSDT+0.0058%8h789.34+0.104%$492.6M$791.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0064%1h788.26−0.033%$579K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.83+0.039%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h788.45−0.009%$265K$492K50x
Nado BNB-PERP+0.0100%1h788.40−0.016%$1.5M$2.5M20xas long as short
Hyperliquid BNB+0.0100%1h789.15+0.080%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.90+0.048%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.65+0.016%$138.7M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60+0.010%$53.4M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h788.90+0.048%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.70+0.022%$35.5M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.45−0.009%$28.1M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.42−0.013%$76.3M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.95+0.054%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.71−0.103%$4.1M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h788.39−0.017%$4.1M$73.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.05−0.060%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.16−0.046%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h788.48−0.006%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.71+0.024%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.60+0.010%$388K$1.0M10xas long as short
HTX BNB-USDTlong+0.0100%8h788.52long leg$8.1M$9.5M75x
Paradex BNB-USD-PERP+0.0100%8h789.14+0.078%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.33−0.025%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h788.50−0.002%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h788.48−0.005%$169K$35K10xas long as short
dYdX BNB-USD+0.0121%1h788.57+0.006%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0154%8h788.72+0.025%$2.9M$28.6M10xas long as short
Kalshi KXBNBPERP+0.0176%8h788.80+0.035%$132K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0177%8h788.55+0.003%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0216%1h788.57+0.006%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h789.37+0.107%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0264%1h788.45−0.010%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.88+0.045%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.05−0.060%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0360%1h788.19−0.042%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h789.04+0.066%$1.1M$967K20xas long as short