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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0234%/8h= −25.7% APRpaid last 24h −0.064%
Price spread now: Bitget against Reya−0.089%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 3 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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.089% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP803.450.0334pay 0.0042% / 1h36m 50s$6K$3K40x
ShortBitget BNBUSDT802.740.0100get 0.0100% / 8h2h 36m$79.0M$24.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$49.22
Price spread: −0.089% → 0.000%
−$8.88
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$76.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago0.06 bp7.2 bp −$78.7 bp −$87doesn'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 −0.0195% / S +0.0371%1h803.65+0.024%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.88−0.071%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28−0.021%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.10+0.080%$113K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.40−0.007%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.65+0.024%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.61+0.020%$2.5M$908K50xas long as short
Variational Omni BNB+0.0055%8h802.35−0.137%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0057%8h803.18−0.034%$34.5Mas long as short
Bybit BNBUSDT+0.0078%8h802.60−0.106%$139.2M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.067%$608K$878K50xas long as short
Aster BNBUSDT+0.0088%8h803.81+0.044%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h803.38−0.009%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.55+0.012%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.83+0.046%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.90−0.069%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.90+0.056%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h803.00−0.056%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.42−0.004%$28.1M$10.5M75xas long as short
Bitget BNBUSDTshort+0.0100%8h802.74−0.089%$79.0M$24.5M75x
edgeX BNBUSDC+0.0100%4h803.02−0.054%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43−0.003%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.69+0.029%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.74+0.036%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.80+0.043%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.34+0.110%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.10+0.081%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.04−0.051%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.44+0.123%$79K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h804.10+0.080%$84.4M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h802.92−0.067%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.89+0.055%$386K$40K10xas long as short
Binance BNBUSDT+0.0104%8h803.72+0.034%$518.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0122%8h804.15+0.087%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.30−0.019%$173K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h803.70+0.031%$395K$1.0M10xas long as short
Hyperliquid BNB+0.0147%1h803.72+0.033%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.020%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.04+0.073%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h804.26+0.100%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.90−0.069%$71K$48K12xas long as short
dYdX BNB-USD+0.0263%1h803.57+0.014%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h804.66+0.150%$28K$1K10xas long as short
Reya BNBRUSDPERPlong+0.0334%1h803.45long leg$6K$3K40x
Injective BNB/USDC PERP+0.0353%1h804.92+0.183%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0675%1h804.57+0.139%$3.0M$5.3M40xas long as short