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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: ApeX Omni against SoDEX+0.072%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now +0.072%, 7d avg +0.043%
Together, before fees+0.316%+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.029% dearer against SoDEX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD786.800.0100pay 0.0013% / 1h45m 17s$387K$948K10x
ShortApeX Omni BNBUSDT787.370.0100get 0.0013% / 1h45m 17s$158K$439K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
$0
Price spread: +0.072% → +0.043%
$2.95
Slippage, 4 orders
−$11.82
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.87
Costs to cover
0.298%
Break-even
never at this rate
Slippage from SoDEX: live order book, 63 min ago; ApeX Omni: live order book, 52 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 SoDEX live order book, 63 min ago0.63 bp4.6 bp −$58.4 bp −$8475.2 bp −$7,525doesn't fit
Sell ApeX Omni live order book, 52 min ago3.44 bp11.5 bp −$1236.0 bp −$360doesn'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 −0.0168% / S +0.0337%1h786.66−0.017%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.29+0.062%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h786.58−0.028%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.49+0.088%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h787.89+0.139%$850K$2.7M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h787.04+0.030%$1.5M$141K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.01+0.027%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h787.35+0.070%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.325%$19K$789K30xas long as short
BingX BNB-USDC+0.0036%8h787.02+0.028%$13.4Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0043%8h787.21+0.052%$489.8M$812.8M75xas long as short
MEXC BNB_USDT+0.0044%8h788.60+0.229%$82.0M$12.1M200xas long as short
dYdX BNB-USD+0.0090%1h787.07+0.034%$157K$64K10xas long as short
Lighter BNB+0.0096%1h786.82+0.003%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h786.85+0.006%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.56+0.096%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.28+0.060%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h786.60−0.025%$138.5M$73.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.038%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.20+0.051%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h786.90+0.013%$39.2M$55.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.66−0.018%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.52−0.036%$75.4M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.39+0.075%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.82+0.003%$4.3M$4.9Mas long as short
edgeX BNBUSDC+0.0100%4h787.45+0.083%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h787.37+0.072%$158K$439K50x
Polymarket Perps BNB-USD+0.0100%1h787.10+0.038%$132K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.76−0.005%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h787.23+0.054%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.47+0.086%$12K$1.5M50xas long as short
SoDEX BNB-USDlong+0.0100%1h786.80long leg$387K$948K10x
HTX BNB-USDT+0.0100%8h787.23+0.055%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.52+0.092%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.34−0.058%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h786.65−0.019%$378K$110K10xas long as short
Phemex BNBUSDT+0.0106%8h787.34+0.069%$68.6M$51.1M50xas long as short
Kalshi KXBNBPERP+0.0114%8h787.40+0.076%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59−0.027%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h787.48+0.086%$158K$38K10xas long as short
BloFin BNB-USDT+0.0163%8h787.48+0.086%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0215%1h787.68+0.112%$638K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h787.52+0.092%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h786.71−0.012%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h787.29+0.062%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h787.30+0.064%$67K$39K12xas long as short