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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against ApeX Omni+0.001%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.001%, 7d avg −0.043%
Together, before fees−0.110%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.044% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT787.890.0100pay 0.0013% / 1h17m 03s$159K$442K50x
ShortSoDEX BNB-USD787.900.0100get 0.0013% / 1h17m 03s$387K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0
Price spread: +0.001% → −0.043%
$4.44
Slippage, 4 orders
−$12.79
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$26.35
Costs to cover
0.308%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; SoDEX: 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, 36 min ago4.81 bp10.6 bp −$1132.1 bp −$321doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.63 bp5.0 bp −$58.4 bp −$8482.0 bp −$8,196doesn't fit

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 −0.0192% / S +0.0356%1h787.61−0.036%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.73−0.020%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.97+0.010%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.20+0.039%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.04+0.019%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.68−0.027%$9.5M150xas long as short
Aster BNBUSDT+0.0030%8h787.93+0.005%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.183%$19K$789K30xas long as short
BingX BNB-USDC+0.0036%8h787.74−0.019%$13.4Mas long as short
MEXC BNB_USDT+0.0042%8h788.30+0.052%$79.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0042%8h787.85−0.005%$491.2M$801.5M75xas long as short
Phemex BNBUSDT+0.0043%8h788.00+0.014%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.089%$588K$1.9M50xas long as short
dYdX BNB-USD+0.0089%1h787.91+0.002%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.84−0.006%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.83−0.007%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.72−0.022%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.55−0.043%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.87−0.003%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.98+0.011%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.24−0.082%$138.5M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.088%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.80−0.011%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.35−0.069%$36.0M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.43−0.058%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.99−0.114%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.72−0.022%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.41−0.061%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.05+0.020%$4.1M$74.2M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h787.89long leg$159K$442K50x
Polymarket Perps BNB-USD+0.0100%1h787.52−0.047%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.74−0.019%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.20+0.040%$12K$1.5M50xas long as short
SoDEX BNB-USDshort+0.0100%1h787.90+0.001%$387K$1.0M10x
HTX BNB-USDT+0.0100%8h787.63−0.034%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.03+0.018%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.33−0.071%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.70−0.024%$378K$110K10xas long as short
BloFin BNB-USDT+0.0162%8h788.00+0.014%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0175%8h788.39+0.063%$2.9M$28.6M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.050%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.25+0.046%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.11+0.027%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h787.40−0.062%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0416%1h787.73−0.020%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.94+0.006%$1.1M$893K20xas long as short