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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0293%/8h= −32.0% APRpaid last 24h −0.068%
Price spread now: Bybit against Reya+0.048%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 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
The price spread pays, funding is against you. Bybit is 0.048% dearer against Reya than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP798.590.0331pay 0.0041% / 1h2m 16s$6K$3K40x
ShortBybit BNBUSDT798.970.0038get 0.0038% / 8h2m 16s$138.7M$77.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$61.44
Price spread: +0.048% → 0.000%
$4.8
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$73.64
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 7 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 Bybit live order book, 7 min ago0.63 bp6.9 bp −$79.2 bp −$9226.9 bp −$2,691119.6 bp −$59.8K
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 −0.0201% / S +0.0372%1h799.01+0.053%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.26+0.084%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.00+0.051%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.72+0.017%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h800.01+0.178%$865K$2.9M30xas long as short
Variational Omni BNB+0.0007%8h797.54−0.131%$4.1M$5.4Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.00+0.051%$9.7M150xas long as short
BingX BNB-USDC+0.0030%8h799.14+0.069%$13.3Mas long as short
Bybit BNBUSDTshort+0.0038%8h798.97+0.048%$138.7M$77.0M75x
Coinbase International BNB-PERP-INTX+0.0072%1h798.68+0.012%$602K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0079%8h799.45+0.108%$6.2M$19.2M200xas long as short
Phemex BNBUSDT+0.0093%8h799.47+0.111%$69.9M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.32+0.091%$2.8M$4.1M20xas long as short
Binance BNBUSDT+0.0098%8h799.58+0.125%$497.7M$818.3M75xas long as short
MEXC BNB_USDT+0.0099%8h799.90+0.164%$83.1M$13.6M200xas long as short
Nado BNB-PERP+0.0100%1h798.72+0.017%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.12+0.067%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.00+0.052%$54.4M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h799.20+0.077%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.65+0.008%$35.7M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.16+0.072%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h799.00+0.052%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.64+0.007%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.078%$161K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.92+0.042%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.90+0.039%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.06+0.059%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.51+0.116%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.20+0.077%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.37+0.098%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h799.24+0.081%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.57+0.123%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.56−0.004%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.05+0.058%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h798.37−0.027%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.44+0.106%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0153%8h799.50+0.114%$90K$2.9M4.8xas long as short
Bulk BNB-USD+0.0191%1h798.83+0.030%$649K$17K10xas long as short
BloFin BNB-USDT+0.0219%8h799.70+0.139%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0247%1h799.85+0.158%$52.5M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h799.00+0.052%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h799.52+0.117%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.814%$19K$789K30xas long as short
Backpack BNB_USDC_PERP+0.0328%1h799.43+0.106%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0329%1h798.88+0.036%$161K$63K10xas long as short
Reya BNBRUSDPERPlong+0.0331%1h798.59long leg$6K$3K40x