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−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.034%
Price spread now: StandX against SoDEX+0.111%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.117%−$12 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.111%, 7d avg +0.038%
Together, before fees−0.135%+ Points / potential airdropStandX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.073% dearer against SoDEX than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of +0.038%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD785.700.0100pay 0.0013% / 1h38m 20s$386K$972K10x
ShortStandX BNB-USD786.570get 0.0000% / 1h38m 20s$848K$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21
Price spread: +0.111% → +0.038%
$7.27
Slippage, 4 orders
−$12.99
Fee SoDEX: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$42.72
Costs to cover
0.290%
Break-even
never at this rate
Slippage from SoDEX: live order book, 10 min ago; StandX: live order book, 1 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, 10 min ago0.63 bp4.6 bp −$58.4 bp −$8475.2 bp −$7,525doesn't fit
Sell StandX live order book, 1 min ago3.69 bp11.7 bp −$1214.2 bp −$14254.2 bp −$5,420doesn'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%1h785.47−0.030%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.13+0.055%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h785.37−0.042%$2.5M$1.2M50xas long as short
StandX BNB-USDshort0.0000%1h786.57+0.111%$848K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.52−0.023%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.468%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h786.10+0.051%$6.0M$18.9M200xas long as short
BingX BNB-USDC+0.0044%8h785.58−0.015%$13.4Mas long as short
MEXC BNB_USDT+0.0054%8h786.80+0.140%$80.9M$11.9M200xas long as short
Binance BNBUSDT+0.0055%8h786.10+0.050%$488.7M$822.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0061%1h785.74+0.005%$159K$62K10xas long as short
Phemex BNBUSDT+0.0080%8h786.12+0.053%$68.7M$51.4M50xas long as short
Lighter BNB+0.0096%1h785.88+0.024%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.90+0.153%$168K$35K10xas long as short
Nado BNB-PERP+0.0100%1h785.60−0.013%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.24+0.069%$51.4M$17.7M10xas long as short
Pacifica BNB+0.0100%1h785.95+0.032%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h785.50−0.025%$138.2M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.30−0.051%$53.4M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h785.90+0.025%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.55−0.019%$38.3M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.29−0.052%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.32−0.048%$76.3M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.12+0.053%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30+0.076%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h787.00+0.166%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.94+0.158%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.42−0.036%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.57−0.017%$264K$422K50xas long as short
Derive BNB-PERP+0.0100%1h786.36+0.084%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.07+0.047%$12K$1.5M50xas long as short
SoDEX BNB-USDlong+0.0100%1h785.70long leg$386K$972K10x
HTX BNB-USDT+0.0100%8h786.00+0.038%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.20+0.063%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.19−0.065%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h785.58−0.015%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.02+0.041%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h786.20+0.064%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0175%8h786.50+0.102%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.01+0.039%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0201%1h786.50+0.102%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0225%8h787.31+0.205%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0264%1h786.16+0.059%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h785.25−0.057%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.92+0.029%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0464%1h786.34+0.081%$67K$39K12xas long as short