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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.071%
Price spread now: Reya against MEXC−0.234%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.234% cheaper against MEXC than usual: you would sell low and buy high (spread −0.234% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 2.8 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT788.900.0044pay 0.0044% / 8h7h 48m$82.0M$12.1M200x
ShortReya BNBRUSDPERP787.060.0320get 0.0040% / 1h48m 19s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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
$57.86
Price spread: −0.234% → 0.000%
−$23.36
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$24.5
Costs to cover
0.100%
Break-even
4.0 days
Slippage unknown: MEXC: live order book, 6 min ago; Reya: 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 MEXC live order book, 6 min ago0.63 bp2.6 bp −$36.4 bp −$6420.4 bp −$2,04438.4 bp −$19.2K
Sell Reya no order-book sample
Reya: 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 −0.0168% / S +0.0337%1h787.27−0.206%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.34−0.198%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h787.02−0.238%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h786.65−0.286%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h787.82−0.137%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.29−0.205%$9.5M150xas long as short
Aster BNBUSDT+0.0029%8h787.88−0.129%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.052%$19K$789K30xas long as short
BingX BNB-USDT+0.0036%8h787.42−0.188%$22.1Mas long as short
MEXC BNB_USDTlong+0.0044%8h788.90long leg$82.0M$12.1M200x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.87−0.131%$490.1M$812.2M75xas long as short
dYdX BNB-USD+0.0073%1h787.07−0.232%$158K$63K10xas long as short
Phemex BNBUSDT+0.0080%8h787.79−0.141%$68.7M$51.1M50xas long as short
Lighter BNB+0.0096%1h787.29−0.204%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h786.95−0.247%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.82−0.137%$51.7M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.39−0.192%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.215%$138.6M$73.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10−0.228%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.30−0.203%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h787.35−0.196%$39.2M$55.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.02−0.238%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.86−0.259%$75.5M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.50−0.177%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.62−0.289%$4.1M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h786.52−0.301%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.37−0.321%$158K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.40−0.190%$132K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.36−0.195%$265K$358K50xas long as short
Derive BNB-PERP+0.0100%1h787.23−0.212%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.62−0.162%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.40−0.190%$387K$950K10xas long as short
HTX BNB-USDT+0.0100%8h787.17−0.219%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.66−0.157%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.95−0.247%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h787.23−0.212%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0113%8h787.50−0.177%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59−0.293%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h786.53−0.300%$158K$38K10xas long as short
BloFin BNB-USDT+0.0165%8h787.72−0.150%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.71−0.151%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0215%1h787.68−0.155%$638K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h787.88−0.129%$28K$3K10xas long as short
Reya BNBRUSDPERPshort+0.0320%1h787.06−0.234%$6K$3K40x
RISEx BNB/USDC+0.0355%1h787.42−0.188%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0424%1h787.16−0.220%$67K$39K12xas long as short