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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.011%
Price spread now: edgeX against Aster+0.018%70s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.018%, 7d avg −0.036%
Together, before fees+0.052%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$5 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: edgeX is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.036%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT805.380.0098pay 0.0098% / 8h2h 08m$6.4M$18.8M200x
ShortedgeX BNBUSDC805.530.0100get 0.0050% / 4h2h 08m$4.2M$76.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$0.4
Price spread: +0.018% → −0.036%
$5.45
Slippage, 4 orders
−$5.34
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$16.48
Costs to cover
0.223%
Break-even
296.2 days
Slippage from Aster: live order book, 6 min ago; edgeX: live order book, 1 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 Aster live order book, 6 min ago0.56 bp4.7 bp −$55.5 bp −$5518.9 bp −$1,885doesn't fit
Sell edgeX live order book, 1 min ago1.86 bp6.4 bp −$66.4 bp −$6410.1 bp −$1,015doesn'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 −0.0195% / S +0.0371%1h804.69−0.086%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.20−0.022%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.45+0.009%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.70+0.040%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.74−0.080%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.74−0.080%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h805.06−0.040%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.093%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h804.96−0.052%$13.3Mas long as short
Bybit BNBUSDT+0.0080%8h804.36−0.127%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15−0.029%$608K$881K50xas long as short
Lighter BNB+0.0096%1h804.86−0.065%$2.8M$4.2M20xas long as short
Aster BNBUSDTlong+0.0098%8h805.38long leg$6.4M$18.8M200x
Nado BNB-PERP+0.0100%1h804.31−0.133%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.83−0.068%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.60−0.097%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.10−0.035%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.60−0.097%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.58−0.099%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.37−0.125%$79.0M$24.8M75xas long as short
edgeX BNBUSDCshort+0.0100%4h805.53+0.018%$4.2M$76.3M30x
ApeX Omni BNBUSDT+0.0100%1h805.72+0.042%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.68−0.087%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.72−0.082%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.07−0.039%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.29−0.011%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.45+0.009%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90−0.060%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.32−0.007%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.23−0.143%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h805.16−0.028%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.70+0.040%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.41+0.004%$520.3M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.030%$173K$35K10xas long as short
Phemex BNBUSDT+0.0135%8h805.31−0.009%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0195%1h805.00−0.047%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0207%1h805.33−0.006%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.01−0.046%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0235%8h805.33−0.006%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0238%1h804.86−0.065%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.29−0.012%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37−0.001%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.49−0.111%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.64+0.032%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.061%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h805.86+0.060%$3.0M$5.5M40xas long as short