Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0151%/8h= +16.5% APRpaid last 24h +0.054%

Price spread now: 01 Exchange against MEXC+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	799.70	0.0097	pay 0.0097% / 8h	7h 58m	$83.1M	$13.5M	200x
Short	01 Exchange BNBUSD	799.80	0.0248	get 0.0031% / 1h	58m 47s	$28K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee MEXCbpFee 01 ExchangebpOrdersPrice spread, now +0.013%Rate

Funding earned: $31.71
Price spread: +0.013% → 0.000%: $1.25
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $21.96
Costs to cover: 0.110%
Break-even: 2.2 days

Slippage unknown: MEXC: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	1.25 bp	3.3 bp −$3	5.9 bp −$59	24.5 bp −$2,450	42.5 bp −$21.2K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0201% / S +0.0372%	1h	799.05	−0.081%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.09	−0.076%	$2.5M	$975K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.82	+0.015%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.73	+0.004%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.22	+0.065%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.08	−0.077%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0009%	8h	798.84	−0.107%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0030%	8h	798.98	−0.090%	—	$13.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.674%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.68	−0.128%	$602K	$985K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0077%	8h	799.21	−0.061%	$6.2M	$19.3M	200x	as long as short
Phemex BNBUSDT	+0.0093%	8h	799.52	−0.023%	$69.9M	$50.7M	50x	as long as short
Lighter BNB	+0.0096%	1h	798.55	−0.144%	$2.8M	$4.0M	20x	as long as short
Binance BNBUSDT	+0.0097%	8h	799.24	−0.058%	$497.2M	$818.9M	75x	as long as short
MEXC BNB_USDTlong	+0.0097%	8h	799.70	long leg	$83.1M	$13.5M	200x
Nado BNB-PERP	+0.0100%	1h	798.95	−0.094%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.48	−0.028%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	798.50	−0.150%	$138.7M	$76.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.40	−0.163%	$54.4M	$112.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.40	−0.038%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.55	−0.144%	$35.7M	$55.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.69	−0.126%	$28.0M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.46	−0.155%	$78.8M	$27.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.66	−0.004%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	−0.041%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.05	−0.081%	$116K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.99	−0.089%	$386K	$494K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.16	−0.068%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.62	−0.011%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	−0.050%	$393K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	799.49	−0.026%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.21	−0.062%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.90	+0.025%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.34	−0.170%	$1.8M	$6.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.15	−0.069%	$384K	$40K	10x	as long as short
Phoenix BNB	+0.0127%	1h	799.98	+0.035%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0152%	1h	799.60	−0.012%	$70K	$43K	12x	as long as short
Kalshi KXBNBPERP	+0.0154%	8h	799.70	0.000%	$90K	$2.9M	4.8x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.30	−0.050%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0191%	1h	798.83	−0.109%	$649K	$17K	10x	as long as short
BloFin BNB-USDT	+0.0217%	8h	799.63	−0.009%	$18.1M	$2.5M	75x	as long as short
Hyperliquid BNB	+0.0218%	1h	799.46	−0.030%	$52.5M	$20.8M	10x	as long as short
01 Exchange BNBUSDshort	+0.0248%	1h	799.80	+0.013%	$28K	$1K	10x
Backpack BNB_USDC_PERP	+0.0269%	1h	799.58	−0.015%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USD	+0.0325%	1h	799.59	−0.014%	$161K	$63K	10x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	798.72	−0.123%	$6K	$3K	40x	as long as short