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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.081%
Price spread now: Injective against 01 Exchange+0.169%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.169% dearer against 01 Exchange than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD803.560.0328pay 0.0041% / 1h50m 35s$28K$1K10x
ShortInjective BNB/USDC PERP804.920.0353get 0.0044% / 1h50m 35s$19K$526K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$5.3
Price spread: +0.169% → 0.000%
$16.92
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$15.2
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
01 Exchange and Injective: 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%1h802.72−0.105%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.04−0.065%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.43+0.108%$3.0M$30.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.10−0.057%$109K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.33−0.029%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.73−0.103%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.74−0.102%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.175%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0070%8h802.92−0.080%$34.5Mas long as short
Aster BNBUSDT+0.0086%8h803.41−0.018%$6.4M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.054%$608K$899K50xas long as short
Lighter BNB+0.0096%1h802.98−0.072%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.60−0.119%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.11−0.056%$1.2M$923K20xas long as short
Bybit BNBUSDT+0.0100%8h802.50−0.132%$138.9M$83.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.107%$54.9M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h802.90−0.082%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h802.65−0.113%$36.0M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.71−0.106%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.45−0.138%$79.0M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.025%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.49−0.009%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.66−0.112%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.73−0.103%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.92−0.080%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.38−0.023%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.70−0.107%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.23−0.042%$1.6M$162K25xas long as short
HTX BNB-USDT+0.0100%8h802.61−0.119%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.57+0.002%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.90+0.042%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h803.44−0.015%$518.2M$807.3M75xas long as short
Extended BNB-USD+0.0104%1h802.54−0.127%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.83−0.090%$386K$40K10xas long as short
Phemex BNBUSDT+0.0125%8h803.28−0.035%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.11−0.056%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45−0.014%$649K$11K10xas long as short
Hyperliquid BNB+0.0171%1h803.52−0.005%$51.6M$21.3M10xas long as short
RISEx BNB/USDC+0.0209%1h803.20−0.045%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0222%8h803.27−0.036%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0223%1h803.01−0.068%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h803.57+0.002%$71K$48K12xas long as short
01 Exchange BNBUSDlong+0.0328%1h803.56long leg$28K$1K10x
Reya BNBRUSDPERP+0.0335%1h802.40−0.144%$6K$3K40xas long as short
Injective BNB/USDC PERPshort+0.0353%1h804.92+0.169%$19K$526K30x
Backpack BNB_USDC_PERP+0.0665%1h803.76+0.025%$3.0M$5.3M40xas long as short