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% APRpaid last 24h 0.000%
Price spread now: edgeX against OKX+0.024%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 7 days+0.055%+$6 · spread now +0.024%, 7d avg +0.073%
Together, before fees+0.105%+ Points / potential airdropedgeX: Active · farm board+$11 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: edgeX is 0.049% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP786.400.0100pay 0.0100% / 8h2h 18m$53.4M$112.6M50x
ShortedgeX BNBUSDC786.590.0100get 0.0050% / 4h2h 18m$4.1M$75.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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: +0.024% → +0.073%
−$4.9
Slippage, 4 orders
−$6.37
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$30.27
Costs to cover
0.254%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 5 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 OKX live order book, 5 min ago0.64 bp5.6 bp −$67.2 bp −$7220.6 bp −$2,058doesn't fit
Sell edgeX live order book, 5 min ago2.55 bp7.0 bp −$77.0 bp −$7011.1 bp −$1,107doesn'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%1h786.64+0.030%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.19+0.100%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37+0.123%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.71+0.039%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.377%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h787.22+0.104%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0042%8h786.24−0.020%$13.4Mas long as short
Phemex BNBUSDT+0.0052%8h787.29+0.113%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0059%8h787.30+0.114%$80.4M$12.0M200xas long as short
Binance BNBUSDT+0.0060%8h787.11+0.091%$490.4M$812.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.73+0.041%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85−0.070%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.61+0.027%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.76+0.046%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.65+0.032%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.10+0.089%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.10+0.090%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.44+0.005%$138.1M$74.7M75xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h786.40long leg$53.4M$112.6M50x
Arcus BNB-USD+0.0100%1h787.10+0.089%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.55+0.019%$36.6M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.39−0.001%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.17−0.029%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.17+0.098%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.81−0.075%$4.0M$4.8Mas long as short
edgeX BNBUSDCshort+0.0100%4h786.59+0.024%$4.1M$75.5M30x
ApeX Omni BNBUSDT+0.0100%1h785.20−0.153%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.65+0.032%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h786.97+0.072%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.36+0.121%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.76+0.046%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.18+0.099%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.30−0.013%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h787.02+0.078%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.33−0.009%$169K$35K10xas long as short
SoDEX BNB-USD+0.0128%1h786.80+0.051%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0144%8h787.00+0.076%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0160%1h786.37−0.004%$159K$62K10xas long as short
BloFin BNB-USDT+0.0180%8h787.41+0.128%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0211%8h785.17−0.156%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0304%1h787.61+0.154%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.55+0.020%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.128%$637K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h787.25+0.108%$1.5M$143K25xas long as short
RISEx BNB/USDC+0.0432%1h787.16+0.097%$1.1M$901K20xas long as short
Hibachi BNB/USDT-P+0.0528%1h786.48+0.011%$67K$39K12xas long as short