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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against StandX+0.037%61s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.037%, 7d avg +0.012%
Together, before fees+0.247%+ Points / potential airdropStandX: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.025% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD804.430get 0.0000% / 1h26m 03s$869K$2.9M30x
ShortApeX Omni BNBUSDT804.730.0100get 0.0013% / 1h26m 03s$159K$438K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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: +0.037% → +0.012%
$2.51
Slippage, 4 orders
−$24.43
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$18.92
Costs to cover
0.424%
Break-even
13.3 days
Slippage from StandX: live order book, 3 min ago; ApeX Omni: live order book, 61 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 StandX live order book, 3 min ago5.22 bp9.9 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell ApeX Omni live order book, 61 min ago5.28 bp11.2 bp −$1133.6 bp −$336doesn'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 −0.0195% / S +0.0371%1h805.63+0.150%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.10+0.083%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.60+0.022%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.10+0.208%$112K$2.5M4.8xas long as short
StandX BNB-USDlong0.0000%1h804.43long leg$869K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.68+0.156%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h805.82+0.172%$2.5M$908K50xas long as short
Variational Omni BNB+0.0049%8h803.71−0.089%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h805.82+0.173%$34.5Mas long as short
Bybit BNBUSDT+0.0075%8h805.40+0.121%$139.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80+0.046%$609K$879K50xas long as short
Aster BNBUSDT+0.0092%8h806.34+0.237%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.02+0.197%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.20+0.096%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.68+0.155%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.70+0.158%$55.2M$115.9M50xas long as short
Arcus BNB-USD+0.0100%1h805.80+0.170%$53K$165K10xas long as short
Gate BNB_USDT+0.0100%8h805.60+0.145%$36.0M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.53+0.137%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.42+0.123%$79.3M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h804.62+0.023%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h804.73+0.037%$159K$438K50x
Polymarket Perps BNB-USD+0.0100%1h805.39+0.119%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.84+0.175%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h805.94+0.188%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.19+0.219%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.12+0.086%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.16+0.215%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.45+0.127%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h805.91+0.185%$387K$40K10xas long as short
MEXC BNB_USDT+0.0108%8h806.70+0.282%$84.6M$13.6M200xas long as short
Binance BNBUSDT+0.0109%8h806.48+0.255%$520.8M$803.8M75xas long as short
Phemex BNBUSDT+0.0124%8h806.38+0.242%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h804.63+0.025%$173K$35K10xas long as short
Hyperliquid BNB+0.0171%1h806.50+0.257%$51.8M$21.3M10xas long as short
SoDEX BNB-USD+0.0196%1h805.80+0.170%$396K$1.0M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.011%$650K$11K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h806.36+0.240%$1.6M$165K25xas long as short
RISEx BNB/USDC+0.0209%1h805.79+0.169%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0229%8h805.82+0.173%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h804.39−0.005%$71K$48K12xas long as short
dYdX BNB-USD+0.0267%1h805.64+0.150%$170K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.21+0.097%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0336%1h806.41+0.246%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.057%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0652%1h806.84+0.300%$3.0M$5.5M40xas long as short