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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0361%/8h= −39.5% APRnext payment $0.45 per $10,000 · paid last 24h −0.043%
Price spread now: StandX against RISEx−0.008%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$310.305% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.212%−$21 on $10k
Price spread, last 7 days+0.058%+$6 · spread now −0.008%, 7d avg +0.086%
Together, before fees−0.154%+ Points / potential airdropStandX: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and StandX is 0.094% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.086%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC791.890.0361pay 0.0045% / 1h10m 47s$1.1M$982K20x
ShortStandX BNB-USD791.830get 0.0000% / 1h10m 47s$856K$3.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$75.76
Price spread: −0.008% → +0.086%
−$9.39
Slippage, 4 orders
−$16.53
Fee RISEx: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$115.69
Costs to cover
0.305%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; StandX: live order book, 3 min ago.

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 ago1.77 bp4.8 bp −$510.0 bp −$100doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago5.24 bp11.0 bp −$1113.5 bp −$135doesn't fitdoesn't fit

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 −0.0167% / S +0.0335%1h791.63−0.033%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.68−0.027%$4K$23925xas long as short
StandX BNB-USDshort0.0000%1h791.83−0.008%$856K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h791.70−0.024%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.666%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03+0.017%$615K$1.8M50xas long as short
Phemex BNBUSDT+0.0048%8h792.43+0.068%$69.4M$50.5M50xas long as short
Aster BNBUSDT+0.0051%8h792.69+0.101%$6.2M$18.6M200xas long as short
BingX BNB-USDC+0.0060%8h791.70−0.024%$13.4Mas long as short
MEXC BNB_USDT+0.0072%8h793.00+0.140%$80.6M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0072%8h792.68+0.099%$495.2M$790.3M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.71−0.023%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h792.33+0.055%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.90+0.001%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.25−0.081%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.65+0.096%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h792.36+0.059%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h791.99+0.012%$139.4M$76.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.90+0.001%$53.8M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h792.20+0.039%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h792.10+0.026%$35.5M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.96+0.008%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h791.79−0.013%$77.1M$29.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h792.32+0.054%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10−0.101%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.77−0.015%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.88−0.002%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.44−0.057%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h792.07+0.023%$32K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.20+0.039%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h792.00+0.013%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h791.78−0.014%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h792.70+0.102%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.75−0.018%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.89−0.001%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.53−0.046%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0143%8h791.96+0.008%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h792.20+0.039%$82K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0192%8h792.33+0.055%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0195%1h791.84−0.007%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0288%1h792.14+0.031%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h792.38+0.062%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h791.29−0.076%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0361%1h791.89long leg$1.1M$982K20x
Bulk BNB-USD+0.0366%1h792.18+0.037%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h791.61−0.036%$68K$38K12xas long as short