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+0.0045%/8h= +5.0% APRpaid last 24h +0.006%
Price spread now: edgeX against Variational Omni+0.144%7-day average +0.083% · you sell dearer than you buy
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)+0.064%+$6 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.144%, 7d avg +0.083%
Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.061% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB802.350.0055pay 0.0055% / 8h2h 38m$4.0M$5.4M
ShortedgeX BNBUSDC803.510.0100get 0.0050% / 4h2h 38m$4.2M$76.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$9.53
Price spread: +0.144% → +0.083%
$6.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$6.59
Costs to cover
0.090%
Break-even
2.2 days
Slippage unknown: Variational Omni: RFQ quote, just now; edgeX: live order book, 5 min ago. 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 Variational Omni RFQ quote, just now3.33 bpdoesn't fit6.7 bp −$67doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago1.87 bp6.4 bp −$66.4 bp −$649.9 bp −$990doesn'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%1h802.30−0.007%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.25+0.112%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28+0.116%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20+0.105%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.58+0.153%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.33−0.003%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.12−0.029%$2.5M$910K50xas long as short
Variational Omni BNBlong+0.0055%8h802.35long leg$4.0M$5.4M
BingX BNB-USDC+0.0062%8h802.52+0.021%$13.3Mas long as short
Bybit BNBUSDT+0.0081%8h801.90−0.057%$138.6M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0087%8h802.84+0.061%$6.4M$18.8M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.204%$608K$878K50xas long as short
Lighter BNB+0.0096%1h802.48+0.016%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.00−0.044%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.58+0.028%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.30−0.007%$55.0M$115.3M50xas long as short
Arcus BNB-USD+0.0100%1h802.60+0.031%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.15−0.025%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.03−0.040%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h801.89−0.058%$78.9M$24.5M75xas long as short
edgeX BNBUSDCshort+0.0100%4h803.51+0.144%$4.2M$76.8M30x
ApeX Omni BNBUSDT+0.0100%1h803.43+0.134%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.12−0.029%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.37+0.002%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.45+0.012%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.92+0.071%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.78+0.053%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h802.64+0.036%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.94+0.072%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.30+0.118%$84.3M$13.6M200xas long as short
Binance BNBUSDT+0.0103%8h803.11+0.094%$517.9M$803.4M75xas long as short
Extended BNB-USD+0.0104%1h801.91−0.056%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.44+0.011%$385K$40K10xas long as short
SoDEX BNB-USD+0.0117%1h802.30−0.007%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0122%8h802.86+0.063%$70.0M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50+0.143%$173K$35K10xas long as short
Hyperliquid BNB+0.0149%1h802.91+0.070%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.157%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.55+0.024%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h802.88+0.066%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0254%1h803.00+0.081%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h802.85+0.062%$71K$49K12xas long as short
01 Exchange BNBUSD+0.0312%1h802.92+0.071%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h801.86−0.062%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.320%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0680%1h803.34+0.123%$3.0M$5.3M40xas long as short