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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.065%
Price spread now: 01 Exchange against HTX+0.148%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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and 01 Exchange is 0.148% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT801.950.0100pay 0.0100% / 8h58m 01s$8.2M$7.9M75x
Short01 Exchange BNBUSD803.130.0432get 0.0054% / 1h58m 01s$28K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$69.72
Price spread: +0.148% → 0.000%
$14.78
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$65.5
Costs to cover
0.190%
Break-even
0.4 days
Slippage unknown: HTX: live order book, 1 min ago; 01 Exchange: 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, 1 min ago3.28 bp9.5 bp −$912.1 bp −$12140.1 bp −$4,012doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h801.85−0.011%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.08+0.017%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.59−0.045%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99−0.119%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.008%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.90−0.005%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.237%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h801.90−0.006%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h801.55−0.049%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.153%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.13+0.023%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h801.96+0.002%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.00+0.007%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.60−0.043%$54.8M$113.9M50xas long as short
Arcus BNB-USD+0.0100%1h802.50+0.069%$53K$134K10xas long as short
Gate BNB_USDT+0.0100%8h801.60−0.043%$35.8M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.71−0.029%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.55−0.049%$79.7M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.174%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.173%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.24+0.037%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.93−0.002%$388K$489K50xas long as short
Derive BNB-PERP+0.0100%1h802.07+0.016%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.22+0.034%$13K$1.7M50xas long as short
HTX BNB-USDTlong+0.0100%8h801.95long leg$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h802.56+0.077%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.43+0.060%$6.4M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h801.44−0.063%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h802.18+0.030%$385K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h802.39+0.055%$70.2M$51.1M50xas long as short
Kalshi KXBNBPERP+0.0117%8h802.40+0.057%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0120%8h802.90+0.119%$83.4M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h802.50+0.069%$502.2M$819.4M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.147%$172K$34K10xas long as short
BloFin BNB-USDT+0.0241%8h801.83−0.014%$18.2M$2.5M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h801.14−0.101%$71K$48K12xas long as short
RISEx BNB/USDC+0.0258%1h802.33+0.048%$1.1M$1.4M20xas long as short
SoDEX BNB-USD+0.0287%1h801.90−0.006%$394K$1.0M10xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.099%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h802.36+0.051%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.392%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h801.83−0.015%$6K$3K40xas long as short
Hyperliquid BNB+0.0347%1h802.61+0.083%$51.9M$21.6M10xas long as short
Backpack BNB_USDC_PERP+0.0431%1h802.42+0.059%$2.7M$5.7M40xas long as short
01 Exchange BNBUSDshort+0.0432%1h803.13+0.148%$28K$1K10x
dYdX BNB-USD+0.0465%1h801.56−0.049%$162K$62K10xas long as short