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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against 01 Exchange−0.043%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 feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.043% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD786.440.0248pay 0.0031% / 1h35m 21s$28K$4K10x
ShortSoDEX BNB-USD786.100.0100get 0.0013% / 1h35m 21s$386K$983K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$31.08
Price spread: −0.043% → 0.000%
−$4.32
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$50.4
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: live order book, 18 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 SoDEX live order book, 18 min ago0.63 bp5.3 bp −$59.2 bp −$9282.3 bp −$8,232doesn'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 −0.0170% / S +0.0337%1h785.69−0.095%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.28−0.020%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.90+0.058%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.72−0.091%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.371%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h786.41−0.004%$6.0M$18.8M200xas long as short
BingX BNB-USDT+0.0052%8h785.99−0.057%$22.3Mas long as short
MEXC BNB_USDT+0.0064%8h786.90+0.058%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0064%8h786.34−0.013%$489.9M$814.7M75xas long as short
dYdX BNB-USD+0.0064%1h785.68−0.097%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h786.48+0.005%$68.8M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.056%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.03−0.052%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h785.75−0.088%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.32−0.015%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.24−0.026%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.64−0.102%$138.3M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.70−0.094%$53.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h786.10−0.043%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.85−0.075%$37.3M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.58−0.109%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.85−0.075%$76.1M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.25−0.024%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.51−0.118%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.54+0.013%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.24−0.025%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.78−0.084%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.93−0.065%$264K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03−0.052%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.41−0.003%$12K$1.5M50xas long as short
SoDEX BNB-USDshort+0.0100%1h786.10−0.043%$386K$983K10x
HTX BNB-USDT+0.0100%8h786.10−0.043%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.59+0.018%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.57−0.111%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h785.91−0.068%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.29−0.019%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0137%8h786.30−0.018%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0184%8h786.49+0.006%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h785.87−0.072%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0228%8h786.80+0.046%$2.9M$29.5M10xas long as short
01 Exchange BNBUSDlong+0.0248%1h786.44long leg$28K$4K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.42−0.002%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0305%1h787.08+0.082%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h785.61−0.106%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.12−0.041%$1.1M$913K20xas long as short
Hibachi BNB/USDT-P+0.0544%1h786.07−0.048%$67K$39K12xas long as short