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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.064%
Price spread now: Reya against SoDEX−0.078%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.078% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD786.800.0100pay 0.0013% / 1h28m 20s$387K$926K10x
ShortReya BNBRUSDPERP786.180.0316get 0.0040% / 1h28m 20s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$45.43
Price spread: −0.078% → 0.000%
−$7.83
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$23.6
Costs to cover
0.140%
Break-even
3.4 days
Slippage unknown: SoDEX: live order book, 19 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 SoDEX live order book, 19 min ago0.63 bp4.6 bp −$58.4 bp −$8472.7 bp −$7,274doesn'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 45 exchanges

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 −0.0166% / S +0.0336%1h786.63−0.022%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0086%1h786.51−0.037%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.94+0.145%$4K25xas long as short
Aster BNBUSDT0.0000%8h787.18+0.048%$6.0M$16.9M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h786.44−0.046%$2.9M$26.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.10+0.038%$155K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h787.51+0.090%$849K$3.0M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h786.81+0.002%$1.5M$146K25xas long as short
Bybit BNBUSDT+0.0004%8h786.18−0.079%$138.5M$65.8M75xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.56−0.031%$9.5M150xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDT+0.0010%8h786.72−0.010%$50.3Mas long as short
MEXC BNB_USDT+0.0012%8h788.00+0.153%$83.3M$11.8M200xas long as short
Binance BNBUSDT+0.0012%8h787.19+0.050%$480.7M$759.6M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.325%$19K$789K30xas long as short
BloFin BNB-USDT+0.0050%8h787.12+0.041%$18.5M$2.2M75xas long as short
Phemex BNBUSDT+0.0085%8h787.23+0.055%$68.4M$50.9M50xas long as short
Lighter BNB+0.0096%1h786.69−0.014%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h786.30−0.064%$1.4M$2.3M20xas long as short
Hyperliquid BNB+0.0100%1h787.15+0.044%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h786.81+0.001%$1.2M$930K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.038%$53.4M$101.3M50xas long as short
Arcus BNB-USD+0.0100%1h786.800.000%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h786.55−0.032%$41.6M$54.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.42−0.048%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h786.34−0.058%$75.8M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.06+0.033%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h785.47−0.170%$4.3M$4.4Mas long as short
edgeX BNBUSDC+0.0100%4h786.31−0.063%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.13−0.085%$158K$460K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.50−0.038%$128K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.67−0.017%$264K$297K50xas long as short
SunX BNB-USDT+0.0100%8h787.17+0.047%$12K$1.3M50xas long as short
SoDEX BNB-USDlong+0.0100%1h786.80long leg$387K$926K10x
HTX BNB-USDT+0.0100%8h786.78−0.002%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.00+0.025%$78K$899K50xas long as short
Extended BNB-USD+0.0104%1h786.14−0.084%$1.8M$5.6M50xas long as short
Aevo BNB-PERP+0.0104%1h786.42−0.048%$378K$110K10xas long as short
Phoenix BNB+0.0120%1h786.99+0.024%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h787.08+0.036%$548K$1.9M50xas long as short
01 Exchange BNBUSD+0.0208%1h787.12+0.041%$28K$3K10xas long as short
Bulk BNB-USD+0.0305%1h787.61+0.103%$638K$81110xas long as short
Reya BNBRUSDPERPshort+0.0316%1h786.18−0.078%$6K$3K40x
Hibachi BNB/USDT-P+0.0336%1h786.64−0.020%$67K$37K12xas long as short
RISEx BNB/USDC+0.0393%1h786.88+0.010%$1.1M$903K20xas long as short
dYdX BNB-USD+0.1171%1h786.11−0.088%$158K$34K10xas long as short