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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 22:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.033%
Price spread now: StandX against Phemex−0.087%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Long on PhemexShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.087%, 7d avg −0.018%
Together, before fees+0.104%+ Points / potential airdropStandX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and StandX is 0.069% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BNBUSDT806.690.0126pay 0.0126% / 8h2h 23m$70.4M$51.8M50x
ShortStandX BNB-USD805.990get 0.0000% / 1h23m 05s$871K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Phemex. 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
−$26.51
Price spread: −0.087% → −0.018%
−$6.88
Slippage, 4 orders
−$14.05
Fee Phemex: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$67.44
Costs to cover
0.341%
Break-even
never at this rate
Slippage from Phemex: 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 Phemex live order book, 6 min ago0.31 bp6.7 bp −$76.7 bp −$6710.1 bp −$1,011doesn't fit
Sell StandX live order book, 1 min ago4.96 bp11.1 bp −$1113.5 bp −$13554.2 bp −$5,423doesn'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 −0.0195% / S +0.0371%1h805.96−0.090%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.56−0.016%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.40−0.160%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.30−0.048%$112K$2.5M4.8xas long as short
StandX BNB-USDshort0.0000%1h805.99−0.087%$871K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.02−0.083%$9.8M—150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.05−0.079%$2.5M$908K50xas long as short
Variational Omni BNB+0.0048%8h805.22−0.182%$4.0M$5.4M—as long as short
BingX BNB-USDT+0.0052%8h806.00−0.086%—$34.5M—as long as short
Bybit BNBUSDT+0.0077%8h805.52−0.145%$139.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.234%$609K$879K50xas long as short
Aster BNBUSDT+0.0096%8h806.72+0.004%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.31−0.047%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.85−0.104%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.38−0.039%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.90−0.098%$55.2M$115.9M50xas long as short
Arcus BNB-USD+0.0100%1h806.40−0.036%$53K$168K10xas long as short
Gate BNB_USDT+0.0100%8h805.80−0.110%$36.1M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.84−0.105%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.54−0.143%$79.3M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.49−0.149%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60−0.135%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.98−0.088%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.08−0.076%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.22−0.058%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.80+0.013%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.54−0.019%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h805.60−0.135%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.90+0.026%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.75−0.117%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.26−0.053%$387K$40K10xas long as short
MEXC BNB_USDT+0.0110%8h807.00+0.038%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0111%8h806.50−0.023%$520.8M$804.4M75xas long as short
Phoenix BNB+0.0125%1h805.78−0.113%$173K$35K10xas long as short
Phemex BNBUSDTlong+0.0126%8h806.69long leg$70.4M$51.8M50x
Hyperliquid BNB+0.0180%1h806.73+0.005%$51.9M$21.4M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.291%$650K$11K10xas long as short
SoDEX BNB-USD+0.0204%1h806.10−0.073%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.45−0.030%$1.2M$1.5M20xas long as short
BloFin BNB-USDT+0.0231%8h806.77+0.010%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h805.61−0.134%$71K$48K12xas long as short
dYdX BNB-USD+0.0254%1h805.64−0.130%$170K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.79−0.111%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.16+0.058%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.223%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0652%1h806.87+0.022%$3.0M$5.5M40xas long as short