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+0.0261%/8h= +28.6% APRnext payment +$0.33 per $10,000 · paid last 24h +0.013%
Price spread now: RISEx against ApeX Omni+0.242%54s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.107%+$11 on $10k
Price spread, last 4 days (all we have)−0.720%−$72 · spread now +0.242%, 7d avg −0.048%
Together, before fees−0.613%−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.289% dearer against ApeX Omni than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT788.220.0100pay 0.0013% / 1h51m 49s$158K$439K50x
ShortRISEx BNB/USDC790.130.0361get 0.0045% / 1h51m 49s$1.1M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against ApeX Omni. 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
$54.76
Price spread: +0.242% → −0.048%
$28.94
Slippage, 4 orders
−$15.59
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$52.11
Costs to cover
0.316%
Break-even
0.3 days
Slippage from ApeX Omni: live order book, 11 min ago; RISEx: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 11 min ago6.20 bp11.2 bp −$1135.1 bp −$351doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago1.39 bp4.4 bp −$49.2 bp −$92doesn't fitdoesn't fit

BNB on 45 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%1h789.60+0.175%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.63+0.052%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.13+0.242%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.62+0.178%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.140%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h790.48+0.287%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h790.00+0.226%$619K$1.8M50xas long as short
BingX BNB-USDC+0.0053%8h789.89+0.212%$13.4Mas long as short
Variational Omni BNB+0.0066%8h789.32+0.140%$4.1M$4.8Mas long as short
Phemex BNBUSDT+0.0066%8h790.35+0.270%$69.2M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0070%8h790.80+0.327%$80.6M$12.4M200xas long as short
Binance BNBUSDT+0.0071%8h790.46+0.284%$494.5M$808.2M75xas long as short
Gate BNB_USDT+0.0081%8h789.65+0.181%$35.3M$56.4M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.64+0.180%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.05+0.232%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.52+0.165%$382K$380K50xas long as short
Nado BNB-PERP+0.0100%1h790.05+0.232%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.39+0.275%$51.8M$18.4M10xas long as short
Pacifica BNB+0.0100%1h790.03+0.230%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h789.73+0.192%$138.8M$77.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.70+0.188%$53.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h790.10+0.239%$52K$130K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.69+0.186%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.58+0.173%$77.0M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.13+0.242%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.90+0.087%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h788.22long leg$158K$439K50x
Polymarket Perps BNB-USD+0.0100%1h789.62+0.178%$138K$945K10xas long as short
Derive BNB-PERP+0.0100%1h789.74+0.193%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.36+0.271%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.66+0.183%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.42+0.279%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.44+0.155%$1.8M$5.9M50xas long as short
GRVT BNB_USDT_Perp+0.0104%8h788.27+0.007%$2.9M$27.9M10xas long as short
Aevo BNB-PERP+0.0104%1h789.70+0.188%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h789.07+0.108%$170K$35K10xas long as short
SoDEX BNB-USD+0.0140%1h789.80+0.200%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0177%8h790.40+0.277%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0219%1h789.85+0.206%$160K$64K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.09+0.237%$1.5M$160K25xas long as short
01 Exchange BNBUSD+0.0312%1h790.28+0.261%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0328%1h789.50+0.163%$6K$3K40xas long as short
Bulk BNB-USD+0.0340%1h789.39+0.148%$639K$13K10xas long as short
RISEx BNB/USDCshort+0.0361%1h790.13+0.242%$1.1M$1.1M20x
Hibachi BNB/USDT-P+0.0552%1h789.70+0.188%$67K$39K12xas long as short