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+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: 01 Exchange against Reya+0.126%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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and 01 Exchange is 0.126% dearer against Reya than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP806.070.0334pay 0.0042% / 1h21m 47s$6K$3K40x
Short01 Exchange BNBUSD807.090.0344get 0.0043% / 1h21m 47s$29K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$2.09
Price spread: +0.126% → 0.000%
$12.64
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$1.73
Costs to cover
0.130%
Break-even
1.2 days
Slippage unknown: Reya: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Reya and 01 Exchange: 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%1h806.33+0.032%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.58+0.063%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.40−0.083%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.70+0.078%$113K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.99−0.010%$871K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.36+0.036%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.34+0.033%$2.5M$908K50xas long as short
Variational Omni BNB+0.0048%8h805.22−0.105%$4.0M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h806.31+0.030%$13.3Mas long as short
Bybit BNBUSDT+0.0077%8h806.10+0.004%$139.8M$82.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.158%$609K$879K50xas long as short
Aster BNBUSDT+0.0096%8h806.96+0.110%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.65+0.072%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.87−0.025%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.32+0.031%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.30+0.028%$55.2M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.50+0.053%$53K$168K10xas long as short
Gate BNB_USDT+0.0100%8h806.30+0.028%$36.1M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.11+0.005%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.15+0.010%$79.3M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h805.49−0.073%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60−0.058%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.24+0.021%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.42+0.043%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.57+0.061%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.04+0.121%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.90+0.103%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.18+0.014%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.91+0.104%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.85−0.027%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.42+0.044%$387K$40K10xas long as short
MEXC BNB_USDT+0.0110%8h807.40+0.165%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0112%8h807.10+0.128%$521.2M$804.7M75xas long as short
Phemex BNBUSDT+0.0124%8h807.02+0.118%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h805.78−0.036%$173K$35K10xas long as short
Hyperliquid BNB+0.0185%1h807.09+0.126%$51.9M$21.4M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.215%$650K$11K10xas long as short
SoDEX BNB-USD+0.0207%1h806.40+0.041%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.35+0.034%$1.2M$1.5M20xas long as short
BloFin BNB-USDT+0.0231%8h806.77+0.087%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h806.21+0.017%$71K$48K12xas long as short
dYdX BNB-USD+0.0253%1h805.64−0.054%$170K$55K10xas long as short
Reya BNBRUSDPERPlong+0.0334%1h806.07long leg$6K$3K40x
01 Exchange BNBUSDshort+0.0344%1h807.09+0.126%$29K$1K10x
Injective BNB/USDC PERP+0.0353%1h804.89−0.147%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h807.32+0.155%$3.0M$5.5M40xas long as short