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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: GRVT against StandX+0.055%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.187%+$19 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.055%, 7d avg +0.004%
Together, before fees+0.079%+ Points / potential airdropStandX: Active · GRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.052% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD805.760get 0.0000% / 1h42m 48s$871K$2.8M30x
ShortGRVT BNB_USDT_Perp806.210get 0.0000% / 8h1h 42m$3.0M$29.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.055% → +0.004%
$5.18
Slippage, 4 orders
−$12.69
Fee StandX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$24.51
Costs to cover
0.297%
Break-even
never at this rate
Slippage from StandX: live order book, 1 min ago; GRVT: live order book, 1 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, 1 min ago4.90 bp9.6 bp −$1012.8 bp −$128doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago0.06 bp4.6 bp −$54.6 bp −$4617.7 bp −$1,766doesn'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 −0.0195% / S +0.0371%1h805.65−0.013%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.36+0.074%$4K$1K25xas long as short
GRVT BNB_USDT_Perpshort0.0000%8h806.21+0.055%$3.0M$29.2M10x
Kalshi KXBNBPERP0.0000%8h806.30+0.067%$108K$2.5M4.8xas long as short
StandX BNB-USDlong0.0000%1h805.76long leg$871K$2.8M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.73−0.004%$9.8M150xas long as short
Variational Omni BNB+0.0048%8h804.97−0.098%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h806.43+0.083%$34.5Mas long as short
Hibachi BNB/USDT-P+0.0080%1h805.82+0.007%$71K$48K12xas long as short
Bybit BNBUSDT+0.0083%8h806.10+0.042%$139.6M$81.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.06+0.037%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.027%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h805.67−0.011%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h806.17+0.050%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.30+0.067%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h806.20+0.055%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.30+0.067%$36.1M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.94+0.022%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.07+0.038%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h806.31+0.068%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.49+0.091%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.87+0.014%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.67−0.011%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.82+0.007%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.36+0.074%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.84+0.010%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.52+0.094%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.03+0.033%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.85+0.012%$387K$40K10xas long as short
Aster BNBUSDT+0.0105%8h806.78+0.127%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0120%8h807.10+0.166%$84.7M$13.4M200xas long as short
Binance BNBUSDT+0.0121%8h807.14+0.171%$521.4M$803.5M75xas long as short
Phemex BNBUSDT+0.0131%8h806.42+0.082%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h806.22+0.057%$173K$35K10xas long as short
SoDEX BNB-USD+0.0177%1h805.80+0.005%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0189%1h806.85+0.135%$51.9M$22.1M10xas long as short
dYdX BNB-USD+0.0203%1h805.84+0.010%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.74−0.002%$2.5M$929K50xas long as short
BloFin BNB-USDT+0.0241%8h806.53+0.096%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55−0.026%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.12+0.045%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.083%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.17+0.052%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.52−0.030%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h806.80+0.129%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0715%1h806.97+0.150%$3.0M$5.5M40xas long as short