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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0356%/8h= −38.9% APRnext payment $0.44 per $10,000 · paid last 24h −0.086%
Price spread now: GMX against StandX−0.081%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GMX is 0.081% cheaper against StandX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD787.090get 0.0000% / 1h20m 29s$849K$3.0M30x
ShortGMX BNB/USD [WBTC.b-USDC]786.45L −0.0192% / S +0.0356%pay 0.0044% / 1h20m 29s$46K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$74.69
Price spread: −0.081% → 0.000%
−$8.08
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$102.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

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 ago4.78 bp10.7 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]shortL −0.0192% / S +0.0356%1h786.45−0.081%$46K200x
Hotstuff BNB-PERP−0.0080%1h787.02−0.009%$4K$4225xas long as short
StandX BNB-USDlong0.0000%1h787.09long leg$849K$3.0M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.53−0.071%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.287%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h787.04−0.006%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0043%8h786.78−0.039%$22.2Mas long as short
Phemex BNBUSDT+0.0053%8h786.21−0.112%$68.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0059%8h787.50+0.052%$80.5M$12.0M200xas long as short
Binance BNBUSDT+0.0059%8h787.30+0.026%$490.6M$812.2M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h785.48−0.205%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h784.62−0.314%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.66−0.054%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.66−0.055%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.35−0.094%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.08−0.001%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.87−0.028%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.58−0.065%$138.2M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60−0.062%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.80−0.037%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.60−0.062%$36.6M$59.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.19−0.114%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.26−0.105%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.97−0.142%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.81−0.162%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h785.00−0.265%$4.1M$75.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.20−0.240%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.36−0.093%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h785.95−0.145%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.85−0.031%$13K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h785.91−0.150%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.95−0.017%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.23−0.109%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h785.62−0.187%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h786.33−0.097%$169K$35K10xas long as short
SoDEX BNB-USD+0.0116%1h785.70−0.177%$386K$993K10xas long as short
Kalshi KXBNBPERP+0.0150%8h786.20−0.113%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0162%1h786.37−0.092%$159K$62K10xas long as short
BloFin BNB-USDT+0.0179%8h786.29−0.102%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0211%8h785.17−0.244%$2.9M$29.3M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.11−0.125%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0304%1h787.22+0.017%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.30−0.100%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.215%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h786.93−0.020%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0520%1h785.22−0.238%$67K$39K12xas long as short