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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.031%
Price spread now: StandX against Aster−0.073%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 7 days+0.078%+$8 · spread now −0.073%, 7d avg +0.004%
Together, before fees−0.054%+ Points / potential airdropAster: Stage 5 · StandX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 0.077% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT785.260.0034pay 0.0034% / 8h19m 28s$6.0M$18.8M200x
ShortStandX BNB-USD784.690get 0.0000% / 1h19m 28s$846K$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$7.09
Price spread: −0.073% → +0.004%
−$7.68
Slippage, 4 orders
−$13.61
Fee Aster: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$44.38
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago0.06 bp4.6 bp −$55.5 bp −$5517.7 bp −$1,770doesn't fit
Sell StandX live order book, 4 min ago4.08 bp10.4 bp −$1013.1 bp −$131doesn't fitdoesn'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 −0.0168% / S +0.0337%1h784.29−0.124%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.51−0.096%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.15−0.142%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h784.50−0.097%$171K$2.7M4.8xas long as short
StandX BNB-USDshort0.0000%1h784.69−0.073%$846K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.76−0.064%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.525%$19K$789K30xas long as short
Aster BNBUSDTlong+0.0034%8h785.26long leg$6.0M$18.8M200x
BingX BNB-USDC+0.0039%8h784.24−0.131%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h785.90+0.081%$80.8M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0049%8h785.35+0.011%$487.7M$819.8M75xas long as short
Phemex BNBUSDT+0.0074%8h784.81−0.058%$68.5M$51.2M50xas long as short
Lighter BNB+0.0096%1h784.56−0.090%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h784.53−0.094%$160K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.25−0.129%$1.3M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.34+0.010%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.66−0.077%$1.2M$938K20xas long as short
Bybit BNBUSDT+0.0100%8h784.51−0.096%$138.0M$74.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.50−0.097%$53.3M$112.4M50xas long as short
Arcus BNB-USD+0.0100%1h784.80−0.059%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.65−0.078%$38.2M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.51−0.096%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.48−0.100%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.72−0.069%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.41−0.236%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h783.84−0.181%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.61−0.083%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.66−0.077%$131K$944K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.12−0.146%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h784.17−0.140%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.64−0.080%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.40−0.110%$386K$967K10xas long as short
HTX BNB-USDT+0.0100%8h784.35−0.117%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.90−0.047%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.09−0.149%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.14−0.143%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.48−0.100%$546K$1.9M50xas long as short
dYdX BNB-USD+0.0107%1h784.27−0.127%$159K$62K10xas long as short
BloFin BNB-USDT+0.0169%8h784.71−0.071%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.57−0.089%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0217%8h784.43−0.106%$2.9M$28.3M10xas long as short
Bulk BNB-USD+0.0231%1h784.93−0.043%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.35+0.011%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.41−0.109%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.94−0.041%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h784.12−0.146%$67K$39K12xas long as short