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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Extended against StandX−0.110%50s7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.110%, 7d avg −0.142%
Together, before fees+0.180%+ Points / potential airdropStandX: Active · Extended: Active · farm board+$18 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 Extended is 0.031% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.142%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD802.750get 0.0000% / 1h55m 35s$868K$2.9M30x
ShortExtended BNB-USD801.860.0104get 0.0013% / 1h55m 35s$1.9M$6.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: −0.110% → −0.142%
$3.12
Slippage, 4 orders
−$13.53
Fee StandX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1.57
Costs to cover
0.265%
Break-even
7.5 days
Slippage from StandX: live order book, 3 min ago; Extended: 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 ago4.05 bp10.9 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.06 bp2.6 bp −$33.8 bp −$38doesn'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 −0.0201% / S +0.0372%1h802.44−0.039%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.52−0.029%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.51−0.030%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99−0.219%$3.0M$28.4M10xas long as short
StandX BNB-USDlong0.0000%1h802.75long leg$868K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.48−0.033%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.337%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0053%8h802.43−0.040%$34.8Mas long as short
Bybit BNBUSDT+0.0066%8h802.00−0.093%$139.4M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.253%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.58−0.021%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.06−0.086%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.62−0.017%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.00−0.093%$54.8M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h802.80+0.006%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.10−0.081%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.22−0.066%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.92−0.103%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h801.60−0.144%$4.2M$77.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h801.48−0.158%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.36−0.049%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.62−0.016%$388K$489K50xas long as short
Derive BNB-PERP+0.0100%1h802.76+0.001%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.97+0.027%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.22−0.067%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.98+0.028%$78K$19K50xas long as short
Aster BNBUSDT+0.0103%8h802.90+0.019%$6.4M$19.0M200xas long as short
Extended BNB-USDshort+0.0104%1h801.86−0.110%$1.9M$6.4M50x
Aevo BNB-PERP+0.0104%1h802.77+0.003%$386K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h803.20+0.056%$70.2M$51.1M50xas long as short
Kalshi KXBNBPERP+0.0117%8h802.50−0.031%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0122%8h803.20+0.056%$83.5M$13.5M200xas long as short
Binance BNBUSDT+0.0123%8h802.99+0.030%$502.5M$819.0M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.247%$172K$34K10xas long as short
SoDEX BNB-USD+0.0237%1h802.70−0.006%$395K$1.0M10xas long as short
Backpack BNB_USDC_PERP+0.0241%1h803.10+0.044%$2.7M$5.7M40xas long as short
BloFin BNB-USDT+0.0242%8h802.83+0.010%$18.2M$2.5M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.25−0.062%$71K$48K12xas long as short
RISEx BNB/USDC+0.0258%1h802.58−0.021%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.199%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h803.05+0.037%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.291%$19K$789K30xas long as short
Hyperliquid BNB+0.0331%1h803.04+0.036%$51.9M$21.6M10xas long as short
Reya BNBRUSDPERP+0.0332%1h801.99−0.095%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0432%1h803.42+0.083%$28K$1K10xas long as short
dYdX BNB-USD+0.0504%1h802.23−0.065%$162K$62K10xas long as short