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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against StandX−0.071%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.071%, 7d avg −0.067%
Together, before fees+0.011%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD788.590get 0.0000% / 1h58m 46s$850K$2.9M30x
ShortCoinbase International BNB-PERP-INTX788.030.0120get 0.0015% / 1h58m 46s$545K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$25.2
Price spread: −0.071% → −0.067%
−$0.43
Slippage, 4 orders
−$17.28
Fee StandX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$10.51
Costs to cover
0.353%
Break-even
9.9 days
Slippage from StandX: live order book, 3 min ago; Coinbase International: 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 ago3.23 bp8.2 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago1.78 bp6.8 bp −$712.9 bp −$129doesn't fitdoesn't fit

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%1h787.50−0.138%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.52−0.136%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.09−0.063%$4K25xas long as short
Aster BNBUSDT0.0000%8h788.15−0.056%$6.0M$17.2M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.90−0.087%$2.9M$26.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h788.00−0.075%$139K$2.5M4.8xas long as short
StandX BNB-USDlong0.0000%1h788.59long leg$850K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.65−0.120%$9.5M150xas long as short
MEXC BNB_USDT+0.0017%8h789.20+0.077%$83.4M$11.7M200xas long as short
Binance BNBUSDT+0.0017%8h788.14−0.056%$481.8M$768.5M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+2.092%$19K$789K30xas long as short
Bybit BNBUSDT+0.0055%8h787.30−0.164%$138.6M$67.6M75xas long as short
BloFin BNB-USDT+0.0070%8h788.17−0.053%$18.4M$2.2M75xas long as short
Phemex BNBUSDT+0.0091%8h788.08−0.065%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.98−0.077%$158K$44K10xas long as short
Lighter BNB+0.0096%1h787.66−0.118%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h787.45−0.145%$1.4M$2.4M20xas long as short
Hyperliquid BNB+0.0100%1h788.20−0.049%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h787.88−0.090%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40−0.151%$53.3M$102.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.70−0.113%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h787.55−0.132%$41.0M$53.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.39−0.152%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h787.30−0.164%$75.7M$31.1M75xas long as short
BingX BNB-USDC+0.0100%8h787.72−0.110%$13.4Mas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.00−0.075%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h787.17−0.181%$4.3M$4.5Mas long as short
edgeX BNBUSDC+0.0100%4h787.96−0.080%$4.1M$75.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.19−0.051%$159K$444K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.50−0.138%$130K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.67−0.117%$265K$297K50xas long as short
SunX BNB-USDT+0.0100%8h788.14−0.057%$12K$1.4M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80−0.100%$387K$926K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.96−0.079%$1.5M$157K25xas long as short
HTX BNB-USDT+0.0100%8h787.75−0.106%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.04−0.070%$78K$356K50xas long as short
Extended BNB-USD+0.0104%1h787.29−0.165%$1.8M$5.6M50xas long as short
Aevo BNB-PERP+0.0104%1h787.67−0.117%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTXshort+0.0120%1h788.03−0.071%$545K$1.9M50x
01 Exchange BNBUSD+0.0240%1h787.98−0.077%$28K$3K10xas long as short
Bulk BNB-USD+0.0277%1h788.58−0.002%$639K$010xas long as short
Reya BNBRUSDPERP+0.0317%1h787.00−0.201%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0328%1h787.99−0.076%$67K$37K12xas long as short
dYdX BNB-USD+0.0377%1h788.12−0.060%$158K$34K10xas long as short
RISEx BNB/USDC+0.0393%1h787.79−0.101%$1.1M$901K20xas long as short