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+0.0175%/8h= +19.2% APRpaid last 24h +0.068%
Price spread now: BloFin against StandX−0.019%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.376%+$38 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.019%, 7d avg +0.028%
Together, before fees+0.362%+ Points / potential airdropStandX: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.047% cheaper against StandX than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD787.350get 0.0000% / 1h40m 47s$849K$2.7M30x
ShortBloFin BNB-USDT787.200.0175get 0.0175% / 8h40m 47s$17.7M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$36.78
Price spread: −0.019% → +0.028%
−$4.72
Slippage, 4 orders
−$12.63
Fee StandX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$0.57
Costs to cover
0.326%
Break-even
7.1 days
Slippage from StandX: live order book, 3 min ago; BloFin: live order book, 3 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 ago4.45 bp9.7 bp −$1013.0 bp −$130doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.06 bp6.1 bp −$67.0 bp −$7010.6 bp −$1,063doesn'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%1h786.60−0.095%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.89−0.058%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.48−0.111%$2.5M$1.2M50xas long as short
StandX BNB-USDlong0.0000%1h787.35long leg$849K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.61−0.094%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.253%$19K$789K30xas long as short
BingX BNB-USDT+0.0044%8h786.44−0.116%$22.3Mas long as short
Aster BNBUSDT+0.0045%8h786.90−0.057%$6.0M$18.9M200xas long as short
MEXC BNB_USDT+0.0055%8h787.50+0.019%$81.0M$11.9M200xas long as short
Binance BNBUSDT+0.0055%8h786.97−0.048%$489.3M$821.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0064%1h786.54−0.103%$159K$62K10xas long as short
Phemex BNBUSDT+0.0077%8h787.19−0.020%$68.8M$51.4M50xas long as short
Lighter BNB+0.0096%1h786.37−0.125%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.90−0.057%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h786.40−0.121%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.07−0.036%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.55−0.101%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.20−0.146%$138.3M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.10−0.159%$53.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h786.50−0.108%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.45−0.114%$38.3M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.95−0.178%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.92−0.182%$76.3M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.10−0.032%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30−0.134%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h787.08−0.034%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.25−0.013%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.53−0.104%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.65−0.089%$264K$426K50xas long as short
Derive BNB-PERP+0.0100%1h786.78−0.073%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.09−0.034%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.80−0.070%$387K$974K10xas long as short
HTX BNB-USDT+0.0100%8h786.59−0.096%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.88−0.060%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.19−0.148%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h786.70−0.082%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.37−0.124%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h787.00−0.044%$170K$2.7M4.8xas long as short
BloFin BNB-USDTshort+0.0175%8h787.20−0.019%$17.7M$2.2M75x
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.08−0.034%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0210%1h786.98−0.047%$638K$83110xas long as short
GRVT BNB_USDT_Perp+0.0225%8h787.62+0.035%$2.9M$28.7M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.12−0.029%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.30−0.134%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h786.42−0.117%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h786.74−0.078%$67K$39K12xas long as short