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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Gate against StandX−0.047%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 7 days−0.090%−$9 · spread now −0.047%, 7d avg −0.103%
Together, before fees+0.055%+ Points / potential airdropStandX: Active · farm board+$6 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 Gate is 0.055% dearer against StandX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD805.280get 0.0000% / 1h51m 07s$870K$2.8M30x
ShortGate BNB_USDT804.900.0100get 0.0100% / 8h1h 51m$36.2M$57.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.047% → −0.103%
$5.54
Slippage, 4 orders
−$17.73
Fee StandX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$14.2
Costs to cover
0.407%
Break-even
11.7 days
Slippage from StandX: live order book, 3 min ago; Gate: 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 ago5.34 bp9.8 bp −$1013.3 bp −$133doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.31 bp9.5 bp −$911.4 bp −$11426.7 bp −$2,67157.5 bp −$28.8K

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%1h804.97−0.039%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.32+0.005%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.78+0.186%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.60+0.040%$108K$2.5M4.8xas long as short
StandX BNB-USDlong0.0000%1h805.28long leg$870K$2.8M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.01−0.034%$9.8M150xas long as short
Hibachi BNB/USDT-P+0.0040%1h805.13−0.019%$71K$48K12xas long as short
Variational Omni BNB+0.0044%8h805.280.000%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0056%8h805.13−0.019%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h804.60−0.084%$139.3M$82.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.26−0.003%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76+0.060%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h804.45−0.103%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.12−0.020%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.90−0.047%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.20−0.010%$53K$170K10xas long as short
Gate BNB_USDTshort+0.0100%8h804.90−0.047%$36.2M$57.2M75x
KuCoin BNBUSDTM+0.0100%8h804.80−0.060%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.56−0.089%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.71+0.053%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60+0.040%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.65−0.078%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.98−0.037%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.26−0.003%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.23−0.006%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h804.83−0.056%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.53+0.032%$79K$19K50xas long as short
Aster BNBUSDT+0.0101%8h805.57+0.036%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.64−0.080%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.08−0.025%$387K$40K10xas long as short
MEXC BNB_USDT+0.0117%8h806.00+0.089%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.65+0.046%$520.5M$805.6M75xas long as short
Phemex BNBUSDT+0.0137%8h805.59+0.038%$70.3M$51.9M50xas long as short
Hyperliquid BNB+0.0144%1h805.65+0.046%$51.8M$22.0M10xas long as short
SoDEX BNB-USD+0.0151%1h805.00−0.035%$396K$1.0M10xas long as short
Phoenix BNB+0.0155%1h805.39+0.014%$173K$35K10xas long as short
dYdX BNB-USD+0.0166%1h805.13−0.019%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.12−0.020%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0238%8h805.41+0.016%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.034%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.48+0.024%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.024%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.05−0.029%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.28−0.125%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.56+0.035%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0713%1h806.03+0.093%$3.0M$5.5M40xas long as short