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: HTX against KuCoin+0.050%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.050%, 7d avg −0.001%
Together, before fees−0.134%−$13 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: HTX is 0.051% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM786.820.0100pay 0.0100% / 8h3h 22m$27.5M$10.3M75x
ShortHTX BNB-USDT787.210.0100get 0.0100% / 8h3h 22m$8.1M$9.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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: +0.050% → −0.001%
$5.08
Slippage, 4 orders
−$12.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$31
Costs to cover
0.361%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: 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 KuCoin live order book, 2 min ago0.83 bp8.8 bp −$917.6 bp −$176doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago1.87 bp8.1 bp −$813.2 bp −$13245.1 bp −$4,506doesn'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 −0.0192% / S +0.0356%1h787.11+0.036%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.06+0.030%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.42+0.076%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.90+0.137%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.54+0.219%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.15+0.043%$9.5M150xas long as short
Aster BNBUSDT+0.0024%8h787.49+0.085%$6.1M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.322%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h787.39+0.072%$13.4Mas long as short
MEXC BNB_USDT+0.0043%8h788.10+0.163%$79.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.64+0.104%$491.1M$800.2M75xas long as short
Phemex BNBUSDT+0.0051%8h787.62+0.102%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.23+0.052%$589K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.178%$169K$35K10xas long as short
dYdX BNB-USD+0.0096%1h787.16+0.043%$159K$63K10xas long as short
Lighter BNB+0.0096%1h787.28+0.058%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.20+0.048%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.25+0.055%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.73+0.116%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.38+0.071%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00+0.023%$138.4M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90+0.010%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.10+0.036%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.20+0.048%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h786.82long leg$27.5M$10.3M75x
Bitget BNBUSDT+0.0100%8h786.78−0.005%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.46+0.081%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.50+0.087%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.21+0.177%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.40+0.201%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.12+0.038%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.25+0.054%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.66+0.107%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.30+0.061%$387K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h787.21+0.050%$8.1M$9.6M75x
Paradex BNB-USD-PERP+0.0100%8h787.41+0.075%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.83+0.002%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.16+0.043%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h788.37+0.197%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.212%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.186%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h787.42+0.076%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.63+0.103%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.75−0.008%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.11+0.164%$68K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.27+0.058%$1.1M$893K20xas long as short