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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0338%/8h= −37.0% APRnext payment $0.42 per $10,000 · paid last 24h −0.035%
Price spread now: Derive against RISEx−0.011%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC786.120.0438pay 0.0055% / 1h35m 33s$1.1M$913K20x
ShortDerive BNB-PERP786.030.0100get 0.0013% / 1h35m 33s$31K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against RISEx. 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
−$71.01
Price spread: −0.011% → 0.000%
−$1.12
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Derive: 3 bp × 2 orders
−$6
Net
−$84.13
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Derive: 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 RISEx live order book, 3 min ago0.06 bp3.1 bp −$38.0 bp −$80doesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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 −0.0170% / S +0.0337%1h785.69−0.055%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.28+0.020%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.90+0.099%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.72−0.051%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.413%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h786.49+0.047%$6.0M$18.8M200xas long as short
BingX BNB-USDT+0.0052%8h786.04−0.010%$22.3Mas long as short
MEXC BNB_USDT+0.0064%8h787.00+0.112%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0064%8h786.44+0.041%$489.9M$814.5M75xas long as short
dYdX BNB-USD+0.0064%1h785.68−0.056%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h786.33+0.027%$68.8M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.097%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.03−0.011%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h785.75−0.047%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.32+0.025%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.24+0.015%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.74−0.048%$138.3M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.80−0.041%$53.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h786.10−0.003%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.90−0.028%$37.3M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.59−0.067%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.85−0.034%$76.1M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.25+0.017%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.51−0.077%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.54+0.054%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.24+0.015%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.78−0.043%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.81−0.039%$264K$470K50xas long as short
Derive BNB-PERPshort+0.0100%1h786.03−0.011%$31K$12K10x
SunX BNB-USDT+0.0100%8h786.42+0.038%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.90−0.028%$386K$983K10xas long as short
HTX BNB-USDT+0.0100%8h785.79−0.042%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.59+0.059%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.56−0.072%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h785.83−0.036%$377K$110K10xas long as short
Phoenix BNB+0.0135%1h786.29+0.022%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0137%8h786.30+0.023%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0184%8h786.49+0.047%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h785.65−0.060%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0228%8h786.80+0.087%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0248%1h786.44+0.041%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.24+0.015%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0305%1h787.08+0.123%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h785.31−0.103%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0438%1h786.12long leg$1.1M$913K20x
Hibachi BNB/USDT-P+0.0544%1h786.07−0.007%$67K$39K12xas long as short