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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.006%
Price spread now: Reya against 01 Exchange−0.130%7-day average · you buy dearer than you sell
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 airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.130% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 18 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD789.470.0304pay 0.0038% / 1h39m 45s$28K$4K10x
ShortReya BNBRUSDPERP788.450.0328get 0.0041% / 1h39m 45s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$4.95
Price spread: −0.130% → 0.000%
−$12.98
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
−$21.03
Costs to cover
0.130%
Break-even
36.7 days
Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 Reya no order-book sample
01 Exchange and Reya: 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 −0.0167% / S +0.0335%1h788.49−0.124%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.97−0.063%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.22+0.095%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h788.59−0.112%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.979%$19K$789K30xas long as short
Aster BNBUSDT+0.0041%8h789.32−0.019%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09−0.048%$618K$1.8M50xas long as short
BingX BNB-USDC+0.0057%8h788.62−0.108%$13.4Mas long as short
MEXC BNB_USDT+0.0074%8h789.40−0.009%$80.3M$12.4M200xas long as short
Binance BNBUSDT+0.0074%8h789.09−0.048%$493.4M$806.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h789.21−0.033%$69.1M$51.0M50xas long as short
Variational Omni BNB+0.0086%8h787.60−0.237%$4.1M$4.6Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h788.52−0.120%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h788.49−0.124%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.64−0.105%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h788.65−0.104%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.95−0.066%$51.7M$18.1M10xas long as short
Pacifica BNB+0.0100%1h788.88−0.075%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h788.32−0.146%$138.6M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.40−0.136%$53.5M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h788.90−0.072%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.40−0.136%$35.3M$56.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.30−0.148%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.18−0.163%$76.8M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.95−0.066%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h789.32−0.019%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.87−0.076%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.63−0.106%$137K$946K10xas long as short
Derive BNB-PERP+0.0100%1h788.88−0.075%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.42−0.007%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.73−0.094%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.45−0.003%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.23−0.157%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h788.61−0.109%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h789.13−0.043%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0132%8h789.50+0.004%$2.9M$28.2M10xas long as short
SoDEX BNB-USD+0.0151%1h788.70−0.098%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h789.30−0.022%$95K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h788.40−0.136%$18.2M$2.3M75xas long as short
dYdX BNB-USD+0.0237%1h788.16−0.166%$159K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.08−0.050%$1.5M$152K25xas long as short
01 Exchange BNBUSDlong+0.0304%1h789.47long leg$28K$4K10x
Reya BNBRUSDPERPshort+0.0328%1h788.45−0.130%$6K$3K40x
RISEx BNB/USDC+0.0361%1h789.12−0.045%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.179%$638K$13K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h789.66+0.024%$67K$38K12xas long as short