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+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against Aster−0.113%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.113%, 7d avg −0.099%
Together, before fees+0.042%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT799.900.0077pay 0.0077% / 8h1m 32s$6.2M$19.2M200x
ShortGate BNB_USDT799.000.0100get 0.0100% / 8h1m 32s$35.7M$58.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$4.76
Price spread: −0.113% → −0.099%
−$1.3
Slippage, 4 orders
−$4.55
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.1
Costs to cover
0.276%
Break-even
42.5 days
Slippage from Aster: live order book, 2 min ago; Gate: 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 Aster live order book, 2 min ago0.44 bp4.6 bp −$54.7 bp −$4719.5 bp −$1,951doesn't fit
Sell Gate live order book, 2 min ago0.31 bp7.8 bp −$810.2 bp −$10225.7 bp −$2,57358.7 bp −$29.4K

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 −0.0201% / S +0.0372%1h799.01−0.111%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.62−0.035%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.00−0.113%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.72−0.147%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.71−0.024%$864K$2.9M30xas long as short
Variational Omni BNB+0.0007%8h797.54−0.295%$4.1M$5.4Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.00−0.113%$9.7M150xas long as short
BingX BNB-USDC+0.0030%8h799.38−0.065%$13.3Mas long as short
Bybit BNBUSDT+0.0040%8h799.00−0.113%$138.7M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.68−0.153%$602K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDTlong+0.0077%8h799.90long leg$6.2M$19.2M200x
Phemex BNBUSDT+0.0093%8h799.47−0.054%$69.9M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.56−0.043%$2.8M$4.1M20xas long as short
Binance BNBUSDT+0.0097%8h799.69−0.026%$497.8M$818.5M75xas long as short
MEXC BNB_USDT+0.0098%8h800.10+0.025%$83.2M$13.6M200xas long as short
Nado BNB-PERP+0.0100%1h798.95−0.119%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.51−0.049%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.00−0.113%$54.4M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h799.40−0.063%$53K$133K10xas long as short
Gate BNB_USDTshort+0.0100%8h799.00−0.113%$35.7M$58.8M75x
KuCoin BNBUSDTM+0.0100%8h799.28−0.078%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h799.02−0.110%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62−0.035%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.34−0.070%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.20−0.088%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.90−0.125%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.06−0.105%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.51−0.048%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.20−0.088%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.37−0.067%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h799.24−0.083%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.92+0.003%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.99−0.113%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.05−0.106%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h798.37−0.191%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.11−0.099%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0153%8h799.50−0.050%$90K$2.9M4.8xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.134%$649K$17K10xas long as short
BloFin BNB-USDT+0.0219%8h799.70−0.025%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0249%1h800.13+0.029%$52.5M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h799.34−0.071%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h799.73−0.021%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.649%$19K$789K30xas long as short
Backpack BNB_USDC_PERP+0.0321%1h799.74−0.020%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0329%1h798.88−0.128%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h798.91−0.124%$6K$3K40xas long as short