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−0.0086%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h +0.017%
Price spread now: 01 Exchange against RISEx+0.027%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 feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.027% dearer against RISEx than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC785.880.0350pay 0.0044% / 1h38m 44s$1.1M$906K20x
Short01 Exchange BNBUSD786.090.0264get 0.0033% / 1h38m 44s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$17.96
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$28.29
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 5 min ago; 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 RISEx live order book, 5 min ago0.19 bp3.2 bp −$38.0 bp −$80doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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 −0.0168% / S +0.0337%1h785.78−0.013%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.42+0.069%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h785.91+0.003%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.43+0.197%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.72−0.021%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.444%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h786.29+0.052%$6.0M$18.9M200xas long as short
BingX BNB-USDC+0.0044%8h785.82−0.008%$13.4Mas long as short
MEXC BNB_USDT+0.0054%8h786.90+0.130%$80.9M$11.9M200xas long as short
Binance BNBUSDT+0.0055%8h786.22+0.043%$488.8M$822.2M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0061%1h785.74−0.017%$159K$62K10xas long as short
Phemex BNBUSDT+0.0080%8h786.12+0.031%$68.7M$51.4M50xas long as short
Lighter BNB+0.0096%1h785.88+0.001%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.90+0.130%$168K$35K10xas long as short
Nado BNB-PERP+0.0100%1h785.60−0.036%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.42+0.069%$51.4M$17.7M10xas long as short
Pacifica BNB+0.0100%1h785.95+0.009%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h785.70−0.023%$138.3M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.60−0.036%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h785.90+0.003%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.70−0.023%$38.3M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.36−0.066%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.43−0.057%$76.3M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.12+0.031%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30+0.053%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h787.00+0.143%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.94+0.135%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.82−0.008%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.87−0.001%$264K$421K50xas long as short
Derive BNB-PERP+0.0100%1h786.36+0.061%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.05+0.021%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.00+0.015%$386K$973K10xas long as short
HTX BNB-USDT+0.0100%8h786.00+0.015%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.20+0.040%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.29−0.075%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h785.81−0.009%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.02+0.018%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h786.20+0.041%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0175%8h786.50+0.079%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.25+0.047%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0201%1h786.50+0.079%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0225%8h787.31+0.182%$2.9M$28.6M10xas long as short
01 Exchange BNBUSDshort+0.0264%1h786.09+0.027%$28K$4K10x
Reya BNBRUSDPERP+0.0321%1h785.70−0.023%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0350%1h785.88long leg$1.1M$906K20x
Hibachi BNB/USDT-P+0.0464%1h786.55+0.085%$67K$39K12xas long as short