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% APRpaid last 24h −0.068%
Price spread now: OKX against Reya+0.013%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP785.700.0321pay 0.0040% / 1h39m 20s$6K$3K40x
ShortOKX BNB-USDT-SWAP785.800.0100get 0.0100% / 8h39m 20s$53.5M$113.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.013% → 0.000%
$1.28
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$61.07
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.64 bp5.6 bp −$67.7 bp −$7720.8 bp −$2,084doesn'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%1h785.78+0.010%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.42+0.092%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h785.91+0.026%$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%1h785.72+0.002%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.468%$19K$789K30xas long as short
BingX BNB-USDC+0.0044%8h785.83+0.017%$13.4Mas long as short
Aster BNBUSDT+0.0044%8h786.41+0.090%$6.0M$18.9M200xas long as short
Binance BNBUSDT+0.0055%8h786.40+0.089%$488.9M$822.1M75xas 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+0.0080%8h786.12+0.053%$68.7M$51.4M50xas long as short
Lighter BNB+0.0096%1h786.04+0.043%$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%8h785.90+0.025%$138.3M$74.8M75xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h785.80+0.013%$53.5M$113.2M50x
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%8h785.60−0.013%$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 BNBUSDT+0.0100%1h786.94+0.158%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.82+0.015%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.87+0.022%$264K$421K50xas long as short
Derive BNB-PERP+0.0100%1h786.36+0.084%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.05+0.044%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.00+0.038%$386K$973K10xas long as short
HTX BNB-USDT+0.0100%8h786.00+0.038%$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%1h785.81+0.014%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.02+0.041%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h786.20+0.064%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0175%8h786.50+0.102%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.25+0.069%$1.5M$145K25xas 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