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−0.0221%/8h= −24.2% APRnext payment $0.28 per $10,000 · paid last 24h −0.068%
Price spread now: ApeX Omni against Reya+0.158%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. ApeX Omni is 0.158% dearer against Reya than usual: you sell high and buy low (spread +0.158% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP785.700.0321pay 0.0040% / 1h39m 27s$6K$3K40x
ShortApeX Omni BNBUSDT786.940.0100get 0.0013% / 1h39m 27s$158K$437K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$46.35
Price spread: +0.158% → 0.000%
$15.79
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$46.56
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 63 min ago. 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 Reya no order-book sample
Sell ApeX Omni live order book, 63 min ago5.15 bp10.3 bp −$1032.1 bp −$321doesn't fitdoesn't fit
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%1h786.07+0.048%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.42+0.092%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.01+0.039%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.43+0.220%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.15+0.058%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.468%$19K$789K30xas long as short
BingX BNB-USDT+0.0044%8h785.76+0.008%$22.3Mas long as short
Aster BNBUSDT+0.0044%8h786.15+0.057%$6.0M$18.9M200xas long as short
Binance BNBUSDT+0.0055%8h786.08+0.048%$488.7M$822.0M75xas long as short
MEXC BNB_USDT+0.0055%8h787.10+0.178%$81.0M$11.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0065%1h785.74+0.005%$159K$62K10xas long as short
Phemex BNBUSDT+0.0078%8h786.77+0.136%$68.7M$51.4M50xas long as short
Lighter BNB+0.0096%1h785.75+0.007%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.90+0.153%$168K$35K10xas long as short
Nado BNB-PERP+0.0100%1h785.60−0.013%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.63+0.118%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h785.92+0.028%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h785.60−0.013%$138.3M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.80+0.013%$53.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h785.80+0.013%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.90+0.025%$38.3M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.35−0.045%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.65−0.006%$76.3M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.49+0.101%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30+0.076%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h787.00+0.166%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h786.94+0.158%$158K$437K50x
Polymarket Perps BNB-USD+0.0100%1h785.82+0.015%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.15+0.057%$264K$426K50xas long as short
Derive BNB-PERP+0.0100%1h786.36+0.084%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.70+0.127%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.20+0.064%$387K$974K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h786.52+0.104%$1.5M$145K25xas long as short
HTX BNB-USDT+0.0100%8h786.40+0.089%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.15+0.057%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.19−0.065%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h786.16+0.059%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.37+0.085%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h786.80+0.140%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0175%8h787.20+0.191%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0201%1h786.50+0.102%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0225%8h787.31+0.205%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0264%1h786.09+0.050%$28K$4K10xas long as short
Reya BNBRUSDPERPlong+0.0321%1h785.70long leg$6K$3K40x
RISEx BNB/USDC+0.0350%1h785.88+0.023%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0464%1h786.55+0.108%$67K$39K12xas long as short