Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.055%

Price spread now: Binance against 01 Exchange−0.014%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Binance

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BNBUSD	804.40	0.0296	pay 0.0037% / 1h	57m 30s	$28K	$1K	10x
Short	Binance BNBUSDT	804.29	0.0102	get 0.0102% / 8h	2h 57m	$519.0M	$809.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee BinancebpOrdersPrice spread, now −0.014%Rate

Funding earned: −$40.64
Price spread: −0.014% → 0.000%: −$1.37
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$59.01
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.06 bp	5.1 bp −$5	6.3 bp −$63	14.0 bp −$1,400	35.7 bp −$17.8K

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0195% / S +0.0371%	1h	804.07	−0.042%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	804.90	+0.062%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.27	+0.108%	$3.0M	$30.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.10	+0.087%	$110K	$2.6M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.53	+0.016%	$870K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.22	−0.023%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	803.89	−0.063%	$2.5M	$916K	50x	as long as short
Variational Omni BNB	+0.0067%	8h	804.96	+0.070%	$4.1M	$5.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0088%	1h	805.24	+0.104%	$609K	$902K	50x	as long as short
Aster BNBUSDT	+0.0089%	8h	804.44	+0.005%	$6.4M	$19.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	804.10	−0.037%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	803.50	−0.112%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	803.93	−0.058%	$1.2M	$923K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	803.51	−0.111%	$139.1M	$83.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	803.80	−0.075%	$55.0M	$115.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	803.90	−0.062%	$52K	$191K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	803.50	−0.112%	$35.9M	$58.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	803.70	−0.087%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	803.55	−0.106%	$79.1M	$24.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.56	+0.145%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.39	+0.123%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	803.85	−0.068%	$118K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.16	−0.030%	$389K	$596K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.34	−0.007%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.21	+0.100%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	804.10	−0.037%	$395K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	803.82	−0.072%	$8.2M	$7.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	804.26	−0.017%	$78K	$19K	50x	as long as short
MEXC BNB_USDT	+0.0102%	8h	804.70	+0.037%	$84.4M	$13.5M	200x	as long as short
BingX BNB-USDT	+0.0102%	8h	803.74	−0.082%	—	$34.5M	—	as long as short
Binance BNBUSDTshort	+0.0102%	8h	804.29	−0.014%	$519.0M	$809.5M	75x
Extended BNB-USD	+0.0104%	1h	803.28	−0.139%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.16	−0.030%	$386K	$40K	10x	as long as short
Phoenix BNB	+0.0110%	1h	805.39	+0.123%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	804.61	+0.026%	$70.2M	$51.7M	50x	as long as short
Bulk BNB-USD	+0.0140%	1h	805.09	+0.085%	$650K	$11K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	804.46	+0.008%	$1.6M	$160K	25x	as long as short
dYdX BNB-USD	+0.0208%	1h	803.90	−0.062%	$170K	$55K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	804.07	−0.042%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0216%	1h	804.51	+0.014%	$51.7M	$21.3M	10x	as long as short
BloFin BNB-USDT	+0.0222%	8h	805.45	+0.131%	$18.9M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	805.02	+0.077%	$71K	$49K	12x	as long as short
01 Exchange BNBUSDlong	+0.0296%	1h	804.40	long leg	$28K	$1K	10x
Reya BNBRUSDPERP	+0.0335%	1h	803.64	−0.094%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.065%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0669%	1h	804.87	+0.058%	$3.0M	$5.3M	40x	as long as short