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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.059%
Price spread now: 01 Exchange against ApeX Omni+0.023%55s7-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 4 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 +$4 a day on $10k at the current rate, and 01 Exchange is 0.023% dearer against ApeX Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT789.910.0100pay 0.0013% / 1h38m 31s$159K$441K50x
Short01 Exchange BNBUSD790.090.0224get 0.0028% / 1h38m 31s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$26.04
Price spread: +0.023% → 0.000%
$2.28
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$11.32
Costs to cover
0.170%
Break-even
4.0 days
Slippage unknown: ApeX Omni: live order book, 19 min ago; 01 Exchange: 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 ApeX Omni live order book, 19 min ago5.18 bp10.2 bp −$1031.8 bp −$318doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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 −0.0184% / S +0.0349%1h789.17−0.093%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h789.40−0.065%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.98+0.009%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.06−0.108%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.922%$19K$789K30xas long as short
Aster BNBUSDT+0.0040%8h789.55−0.046%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0054%8h789.30−0.077%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45−0.058%$582K$1.9M50xas long as short
Binance BNBUSDT+0.0066%8h790.31+0.050%$493.2M$788.9M75xas long as short
MEXC BNB_USDT+0.0066%8h789.90−0.001%$80.2M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0066%8h789.48−0.054%$69.1M$49.9M50xas long as short
Lighter BNB+0.0096%1h789.25−0.084%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.00−0.115%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h788.80−0.141%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.58−0.042%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.29−0.078%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.40−0.065%$138.8M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.50−0.052%$53.4M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h789.50−0.052%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.85−0.134%$35.4M$56.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.93−0.124%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.26−0.082%$76.4M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.25−0.084%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.90−0.127%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.18+0.034%$4.1M$73.5M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h789.91long leg$159K$441K50x
Polymarket Perps BNB-USD+0.0100%1h789.60−0.039%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.05−0.109%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.90−0.002%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.00−0.115%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.71−0.025%$8.1M$9.4M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.79−0.015%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.60−0.165%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h788.93−0.124%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.39−0.066%$170K$35K10xas long as short
dYdX BNB-USD+0.0124%1h788.93−0.124%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0137%8h789.99+0.010%$2.9M$28.2M10xas long as short
Kalshi KXBNBPERP+0.0180%8h790.10+0.024%$124K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h789.44−0.060%$18.1M$2.2M75xas long as short
01 Exchange BNBUSDshort+0.0224%1h790.09+0.023%$28K$4K10x
Kraken Futures PF_BNBUSD+0.0264%1h788.68−0.156%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0272%1h789.78−0.016%$640K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.32−0.075%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h789.30−0.077%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h789.64−0.034%$1.1M$973K20xas long as short
Hibachi BNB/USDT-P+0.0472%1h789.36−0.070%$67K$38K12xas long as short