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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: edgeX against StandX+0.018%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as 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+0.210%+$21 on $10k
Price spread, last 7 days−0.038%−$4 · spread now +0.018%, 7d avg −0.037%
Together, before fees+0.172%+ Points / potential airdropStandX: Active · edgeX: Active · farm board+$17 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 edgeX is 0.055% dearer against StandX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD789.650get 0.0000% / 1h59m 17s$852K$3.2M30x
ShortedgeX BNBUSDC789.790.0100get 0.0050% / 4h3h 59m$4.1M$73.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.018% → −0.037%
$5.48
Slippage, 4 orders
−$18.26
Fee StandX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$8.78
Costs to cover
0.353%
Break-even
9.9 days
Slippage from StandX: live order book, 5 min ago; edgeX: live order book, 5 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, 5 min ago5.38 bp10.2 bp −$1013.1 bp −$131doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago2.54 bp7.0 bp −$77.0 bp −$7010.9 bp −$1,092doesn'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 −0.0190% / S +0.0354%1h788.99−0.083%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h788.99−0.084%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h789.56−0.011%$4K$4225xas long as short
StandX BNB-USDlong0.0000%1h789.65long leg$852K$3.2M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.08−0.073%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.955%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h789.57−0.010%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0046%8h789.43−0.028%$13.4Mas long as short
Phemex BNBUSDT+0.0057%8h789.54−0.014%$69.0M$50.3M50xas long as short
MEXC BNB_USDT+0.0058%8h790.00+0.044%$80.1M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0058%8h789.63−0.003%$493.0M$792.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h789.35−0.038%$580K$1.9M50xas long as short
Lighter BNB+0.0096%1h789.16−0.061%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.99−0.084%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h789.05−0.076%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.79+0.018%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.38−0.034%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.90−0.095%$138.8M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80−0.108%$53.4M$111.4M50xas long as short
Arcus BNB-USD+0.0100%1h789.40−0.032%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h789.05−0.076%$35.5M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.06−0.075%$28.1M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h788.66−0.125%$76.3M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.38−0.034%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.11−0.068%$4.1M$4.8Mas long as short
edgeX BNBUSDCshort+0.0100%4h789.79+0.018%$4.1M$73.3M30x
ApeX Omni BNBUSDT+0.0100%1h789.32−0.042%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.25−0.051%$131K$952K10xas long as short
Derive BNB-PERP+0.0100%1h789.05−0.076%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.54−0.014%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.10−0.070%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.25−0.050%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h789.56−0.011%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.68−0.123%$1.9M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h789.03−0.078%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.25−0.051%$170K$34K10xas long as short
dYdX BNB-USD+0.0122%1h789.25−0.051%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0157%8h789.58−0.008%$2.9M$28.5M10xas long as short
Kalshi KXBNBPERP+0.0177%8h789.90+0.032%$133K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0178%8h789.86+0.027%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0216%1h788.57−0.137%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0288%1h790.01+0.046%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.41−0.031%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.90−0.095%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0360%1h789.68+0.003%$67K$38K12xas long as short
RISEx BNB/USDC+0.0431%1h789.46−0.024%$1.1M$902K20xas long as short