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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.037%
Price spread now: SoDEX against StandX−0.074%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.106%+$11 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.074%, 7d avg −0.032%
Together, before fees+0.092%+ Points / potential airdropStandX: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.042% cheaper against StandX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD799.390get 0.0000% / 1h56m 36s$864K$2.9M30x
ShortSoDEX BNB-USD798.800.0100get 0.0013% / 1h56m 36s$393K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.074% → −0.032%
−$4.23
Slippage, 4 orders
−$15.26
Fee StandX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$14.49
Costs to cover
0.313%
Break-even
11.8 days
Slippage from StandX: live order book, 2 min ago; SoDEX: live order book, 2 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, 2 min ago5.25 bp10.0 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.63 bp5.0 bp −$58.8 bp −$8877.8 bp −$7,784doesn'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%1h798.85−0.068%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.37−0.128%$2.5M$977K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.88−0.064%$4K$23925xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.73+0.042%$3.0M$27.9M10xas long as short
StandX BNB-USDlong0.0000%1h799.39long leg$864K$2.9M30x
Phemex BNBUSDT0.0000%8h799.12−0.034%$69.9M$50.7M50xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.83−0.070%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84−0.069%$4.1M$5.4Mas long as short
Gate BNB_USDT+0.0021%8h798.25−0.143%$35.7M$55.6M75xas long as short
Bybit BNBUSDT+0.0027%8h798.32−0.134%$138.7M$76.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.713%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68−0.089%$602K$985K50xas long as short
Aster BNBUSDT+0.0074%8h799.04−0.044%$6.2M$19.3M200xas long as short
BingX BNB-USDT+0.0077%8h798.59−0.100%$35.2Mas long as short
Binance BNBUSDT+0.0094%8h799.07−0.040%$497.1M$817.9M75xas long as short
MEXC BNB_USDT+0.0095%8h799.40+0.001%$83.1M$13.5M200xas long as short
Lighter BNB+0.0096%1h798.73−0.083%$2.8M$4.0M20xas long as short
Nado BNB-PERP+0.0100%1h798.48−0.114%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.79−0.075%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.30−0.136%$54.3M$112.3M50xas long as short
Arcus BNB-USD+0.0100%1h798.80−0.074%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.53−0.108%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.21−0.148%$78.8M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62+0.029%$4.2M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.37−0.003%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.60−0.099%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.57−0.103%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.75−0.080%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.17−0.028%$13K$1.7M50xas long as short
SoDEX BNB-USDshort+0.0100%1h798.80−0.074%$393K$1.0M10x
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.00−0.049%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h798.53−0.107%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.22−0.021%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.05−0.168%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h798.84−0.069%$384K$60K10xas long as short
Phoenix BNB+0.0127%1h799.98+0.074%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.05−0.043%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0154%8h799.40+0.001%$90K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.61−0.098%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24−0.019%$649K$14K10xas long as short
01 Exchange BNBUSD+0.0208%1h798.90−0.061%$28K$1K10xas long as short
BloFin BNB-USDT+0.0215%8h799.13−0.033%$18.1M$2.5M75xas long as short
dYdX BNB-USD+0.0248%1h798.89−0.063%$161K$63K10xas long as short
Hyperliquid BNB+0.0281%1h799.43+0.005%$52.5M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0285%1h799.38−0.001%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h798.39−0.125%$6K$3K40xas long as short