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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.026%
Price spread now: StandX against Injective−0.643%50s7-day average +0.379% · 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 days+0.022%+$2 on $10k
Price spread, last 3 days (all we have)+1.150%+$115 · spread now −0.643%, 7d avg +0.379%
Together, before fees+1.173%+ Points / potential airdropStandX: Active · farm board+$117 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 1.023% cheaper against Injective than usual: you would sell low and buy high (−$102 if the spread goes back to its 7-day average of +0.379%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BNB/USDC PERP805.090.0033pay 0.0004% / 1h40m 03s$19K$789K30x
ShortStandX BNB-USD799.910get 0.0000% / 1h40m 03s$864K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Injective. 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
−$7
Price spread: −0.643% → +0.379%
−$102.26
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee StandX: 4 bp × 2 orders
−$8
Net
−$117.28
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; StandX: live order book, 4 min ago. 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 Injective no order-book sample
Sell StandX live order book, 4 min ago4.44 bp11.4 bp −$1114.1 bp −$14156.3 bp −$5,633doesn't fit
Injective: 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%1h799.62−0.680%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0120%1h799.51−0.693%$2.5M$976K50xas long as short
BingX BNB-USDC−0.0094%8h799.74−0.665%$13.4Mas long as short
Hotstuff BNB-PERP−0.0080%1h799.37−0.710%$4K$23925xas long as short
Bybit BNBUSDT−0.0061%8h799.41−0.706%$138.8M$76.3M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.99−0.634%$3.0M$27.6M10xas long as short
StandX BNB-USDshort0.0000%1h799.91−0.643%$864K$2.9M30x
Phemex BNBUSDT0.0000%8h800.23−0.604%$69.9M$50.5M50xas long as short
Variational Omni BNB+0.0005%8h798.83−0.778%$4.1M$5.3Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.68−0.672%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERPlong+0.0033%1h805.09long leg$19K$789K30x
Coinbase International BNB-PERP-INTX+0.0048%1h798.00−0.881%$601K$970K50xas long as short
Aster BNBUSDT+0.0067%8h800.23−0.603%$6.2M$19.2M200xas long as short
Gate BNB_USDT+0.0084%8h799.45−0.701%$35.7M$56.1M75xas long as short
MEXC BNB_USDT+0.0088%8h800.60−0.558%$83.2M$13.5M200xas long as short
Binance BNBUSDT+0.0089%8h800.25−0.601%$496.8M$810.8M75xas long as short
Lighter BNB+0.0096%1h799.92−0.642%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.69−0.795%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.87−0.773%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.39−0.709%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.50−0.694%$54.2M$111.0M50xas long as short
Arcus BNB-USD+0.0100%1h799.90−0.645%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.47−0.698%$28.0M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h799.45−0.701%$78.9M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.75−0.663%$4.2M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.20−0.732%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.50−0.694%$118K$871K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.69−0.671%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.83−0.654%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.16−0.612%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.80−0.657%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.87−0.648%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.44−0.578%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h799.25−0.725%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.64−0.677%$384K$108K10xas long as short
Bulk BNB-USD+0.0118%1h798.39−0.832%$648K$11K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h799.97−0.636%$70K$36K12xas long as short
RISEx BNB/USDC+0.0155%1h799.80−0.657%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0157%8h799.70−0.669%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0209%8h799.68−0.672%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h800.17−0.611%$28K$1K10xas long as short
dYdX BNB-USD+0.0283%1h799.47−0.698%$161K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.16−0.612%$1.6M$160K25xas long as short
Hyperliquid BNB+0.0318%1h800.43−0.579%$53.2M$20.9M10xas long as short
Reya BNBRUSDPERP+0.0330%1h799.21−0.730%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0401%1h800.52−0.568%$2.7M$5.6M40xas long as short