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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: StandX against KuCoin+0.091%51s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.091%, 7d avg +0.105%
Together, before fees−0.163%+ Points / potential airdropStandX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM783.720.0100pay 0.0100% / 8h22m 39s$27.6M$10.2M75x
ShortStandX BNB-USD784.430get 0.0000% / 1h22m 39s$846K$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21
Price spread: +0.091% → +0.105%
−$1.48
Slippage, 4 orders
−$23.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$65.62
Costs to cover
0.431%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; StandX: live order book, 1 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, 6 min ago0.64 bp12.3 bp −$1219.8 bp −$198doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago4.08 bp10.4 bp −$1013.1 bp −$131doesn't fitdoesn'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 −0.0168% / S +0.0337%1h783.77+0.006%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h783.80+0.010%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h783.59−0.016%$2.5M$1.2M50xas long as short
Variational Omni BNB0.0000%8h783.51−0.027%$4.0M$4.7Mas long as short
StandX BNB-USDshort0.0000%1h784.43+0.091%$846K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.64−0.010%$9.4M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.727%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h784.60+0.112%$6.0M$18.7M200xas long as short
BingX BNB-USDC+0.0040%8h783.86+0.018%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h785.10+0.176%$80.7M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0049%8h784.57+0.108%$487.3M$819.2M75xas long as short
Phemex BNBUSDT+0.0076%8h784.12+0.051%$68.5M$51.3M50xas long as short
Lighter BNB+0.0096%1h784.15+0.055%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0099%1h783.56−0.021%$159K$62K10xas long as short
Phoenix BNB+0.0100%1h784.15+0.055%$162K$35K10xas long as short
Nado BNB-PERP+0.0100%1h782.90−0.105%$1.3M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h784.62+0.115%$51.4M$17.5M10xas long as short
Pacifica BNB+0.0100%1h784.27+0.070%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h783.80+0.010%$137.9M$74.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h783.80+0.010%$53.3M$112.5M50xas long as short
Arcus BNB-USD+0.0100%1h784.10+0.048%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.15+0.055%$38.2M$58.2M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h783.72long leg$27.6M$10.2M75x
Bitget BNBUSDT+0.0100%8h783.60−0.015%$75.2M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.13+0.052%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h784.39+0.085%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.99+0.162%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h783.38−0.043%$131K$944K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h783.53−0.024%$263K$405K50xas long as short
Derive BNB-PERP+0.0100%1h783.41−0.039%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.23+0.065%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h783.70−0.003%$385K$969K10xas long as short
HTX BNB-USDT+0.0100%8h783.80+0.010%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.60+0.112%$78K$17K50xas long as short
Kalshi KXBNBPERP+0.0101%8h784.00+0.036%$171K$2.7M4.8xas long as short
Extended BNB-USD+0.0104%1h783.35−0.048%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h783.52−0.025%$376K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h783.56−0.020%$546K$1.9M50xas long as short
BloFin BNB-USDT+0.0169%8h784.21+0.063%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0208%1h785.53+0.231%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0217%8h784.62+0.114%$2.9M$28.4M10xas long as short
01 Exchange BNBUSD+0.0248%1h783.99+0.034%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h783.96+0.031%$1.5M$141K25xas long as short
Reya BNBRUSDPERP+0.0320%1h783.03−0.088%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.28+0.072%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0464%1h784.26+0.069%$67K$39K12xas long as short