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+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.051%
Price spread now: Reya against RISEx−0.085%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
Funding pays, the price is against you. Reya is 0.085% cheaper against RISEx than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC798.570.0258pay 0.0032% / 1h26m 03s$1.1M$1.4M20x
ShortReya BNBRUSDPERP797.890.0331get 0.0041% / 1h26m 03s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$15.46
Price spread: −0.085% → 0.000%
−$8.51
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Reya: 3 bp × 2 orders
−$6
Net
−$5.05
Costs to cover
0.120%
Break-even
9.3 days
Slippage unknown: RISEx: live order book, 3 min ago; Reya: 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 ago1.31 bp4.3 bp −$47.2 bp −$72doesn't fitdoesn't fit
Sell Reya no order-book sample
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%1h798.27−0.037%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.81+0.031%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h797.76−0.101%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.28+0.215%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h799.62+0.132%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.36−0.025%$9.7M150xas long as short
Variational Omni BNB+0.0013%8h798.06−0.063%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0038%8h798.06−0.063%$34.8Mas long as short
Bybit BNBUSDT+0.0045%8h797.70−0.108%$138.4M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.166%$606K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0091%8h798.54−0.004%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h798.28−0.036%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.04−0.066%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.78+0.027%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.80−0.096%$54.2M$112.7M50xas long as short
Arcus BNB-USD+0.0100%1h798.80+0.029%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h797.90−0.083%$35.7M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h797.81−0.095%$27.9M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h797.64−0.116%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.89+0.166%$4.2M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.17+0.201%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.27−0.037%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.91−0.082%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.01−0.069%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.92+0.044%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.10−0.058%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.32−0.031%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.52−0.006%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.00+0.054%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.50−0.133%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.14−0.053%$383K$40K10xas long as short
Binance BNBUSDT+0.0112%8h798.51−0.007%$498.6M$817.1M75xas long as short
Phemex BNBUSDT+0.0112%8h798.48−0.011%$69.8M$50.5M50xas long as short
MEXC BNB_USDT+0.0113%8h798.90+0.042%$82.9M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0122%8h799.70+0.142%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12+0.195%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.93+0.045%$70K$43K12xas long as short
Hyperliquid BNB+0.0180%1h798.70+0.017%$52.1M$21.3M10xas long as short
BloFin BNB-USDT+0.0233%8h799.57+0.126%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.184%$650K$19K10xas long as short
RISEx BNB/USDClong+0.0258%1h798.57long leg$1.1M$1.4M20x
01 Exchange BNBUSD+0.0296%1h799.02+0.057%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.817%$19K$789K30xas long as short
Reya BNBRUSDPERPshort+0.0331%1h797.89−0.085%$6K$3K40x
dYdX BNB-USD+0.0384%1h798.50−0.008%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0402%1h798.75+0.023%$2.7M$5.7M40xas long as short