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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0118%/8h= −12.9% APRnext payment $0.15 per $10,000 · paid last 24h −0.010%
Price spread now: Hyperliquid against 01 Exchange+0.027%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.027% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD802.380.0280pay 0.0035% / 1h45m 56s$28K$1K10x
ShortHyperliquid BNB802.600.0162get 0.0020% / 1h45m 56s$51.4M$21.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$24.82
Price spread: +0.027% → 0.000%
$2.74
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$38.08
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 3 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 01 Exchange no order-book sample
Sell Hyperliquid live order book, 3 min ago0.19 bp5.4 bp −$57.2 bp −$72doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h801.89−0.061%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.91−0.059%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h801.04−0.167%$3.0M$29.9M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.60+0.027%$112K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h801.69−0.086%$867K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h801.96−0.052%$9.7M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h800.07−0.288%$601K$896K50xas long as short
Variational Omni BNB+0.0070%8h800.25−0.265%$4.1M$5.5Mas long as short
BingX BNB-USDT+0.0075%8h801.97−0.051%$33.8Mas long as short
Aster BNBUSDT+0.0090%8h802.50+0.016%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0094%8h803.10+0.090%$84.4M$14.7M200xas long as short
Binance BNBUSDT+0.0094%8h802.56+0.022%$517.4M$802.2M75xas long as short
Lighter BNB+0.0096%1h802.13−0.031%$2.8M$4.2M20xas long as short
Phemex BNBUSDT+0.0098%8h802.39+0.001%$70.1M$51.2M50xas long as short
Nado BNB-PERP+0.0100%1h801.37−0.126%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h801.70−0.085%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h801.60−0.097%$138.6M$85.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.70−0.085%$55.0M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h801.60−0.097%$52K$222K10xas long as short
Gate BNB_USDT+0.0100%8h801.65−0.091%$36.0M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.70−0.085%$28.1M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h801.60−0.097%$78.6M$24.4M75xas long as short
edgeX BNBUSDC+0.0100%4h801.21−0.145%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h801.01−0.171%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h801.63−0.093%$120K$877K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.85−0.066%$387K$601K50xas long as short
Derive BNB-PERP+0.0100%1h802.01−0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.09−0.037%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.00−0.047%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h801.79−0.073%$8.2M$7.1M75xas long as short
Bulk BNB-USD+0.0100%1h800.65−0.216%$649K$8K10xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.18−0.025%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h801.64−0.092%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h802.09−0.036%$385K$40K10xas long as short
Phoenix BNB+0.0110%1h801.16−0.152%$172K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0132%1h801.91−0.058%$2.5M$910K50xas long as short
RISEx BNB/USDC+0.0143%1h801.82−0.070%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.255%$19K$423K30xas long as short
Hyperliquid BNBshort+0.0162%1h802.60+0.027%$51.4M$21.5M10x
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.39+0.001%$1.6M$159K25xas long as short
BloFin BNB-USDT+0.0214%8h802.15−0.029%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h801.59−0.098%$70K$47K12xas long as short
01 Exchange BNBUSDlong+0.0280%1h802.38long leg$28K$1K10x
Reya BNBRUSDPERP+0.0336%1h801.41−0.121%$9K40xas long as short
dYdX BNB-USD+0.0357%1h801.76−0.077%$170K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0668%1h802.68+0.037%$3.0M$5.3M40xas long as short