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−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.014%
Price spread now: Aster against BingX+0.042%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.042% dearer against BingX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC795.320.0050pay 0.0050% / 8h6h 22m$13.4M
ShortAster BNBUSDT795.660.0037get 0.0037% / 8h6h 22m$6.1M$19.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$2.69
Price spread: +0.042% → 0.000%
$4.24
Slippage, 4 orders
−$6.32
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$22.78
Costs to cover
0.243%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Aster: 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 BingX live order book, 11 min ago0.31 bp7.8 bp −$810.6 bp −$10617.7 bp −$1,77060.8 bp −$30.4K
Sell Aster live order book, 2 min ago0.50 bp4.6 bp −$55.3 bp −$5316.6 bp −$1,659doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h794.86−0.058%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0131%1h794.86−0.058%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h795.41+0.011%$4K$23925xas long as short
StandX BNB-USD0.0000%1h795.71+0.049%$860K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h794.89−0.054%$9.7M150xas long as short
Variational Omni BNB+0.0031%8h795.62+0.038%$4.1M$4.8Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.228%$19K$789K30xas long as short
Aster BNBUSDTshort+0.0037%8h795.66+0.042%$6.1M$19.7M200x
BingX BNB-USDClong+0.0050%8h795.32long leg$13.4M
Phemex BNBUSDT+0.0052%8h795.48+0.020%$69.6M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0052%8h794.80−0.065%$35.4M$56.4M75xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h795.53+0.026%$610K$1.1M50xas long as short
MEXC BNB_USDT+0.0063%8h795.70+0.048%$82.6M$12.8M200xas long as short
Binance BNBUSDT+0.0063%8h795.43+0.014%$494.8M$810.0M75xas long as short
GRVT BNB_USDT_Perp+0.0068%8h796.16+0.106%$3.0M$28.5M10xas long as short
dYdX BNB-USD+0.0078%1h795.36+0.006%$161K$63K10xas long as short
Phoenix BNB+0.0088%1h795.80+0.060%$171K$36K10xas long as short
Lighter BNB+0.0096%1h795.35+0.003%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h794.81−0.064%$384K$409K50xas long as short
Nado BNB-PERP+0.0100%1h795.15−0.021%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h795.66+0.043%$52.1M$19.3M10xas long as short
Pacifica BNB+0.0100%1h795.41+0.011%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h794.90−0.053%$139.0M$75.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h794.70−0.078%$53.3M$110.3M50xas long as short
Arcus BNB-USD+0.0100%1h795.30−0.003%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h794.85−0.059%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h794.77−0.069%$77.4M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h795.83+0.064%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h795.67+0.044%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h794.99−0.041%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h795.13−0.024%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h795.40+0.010%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h795.10−0.028%$391K$998K10xas long as short
HTX BNB-USDT+0.0100%8h795.34+0.002%$8.2M$8.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h795.74+0.053%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h794.80−0.065%$1.7M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h795.01−0.038%$382K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h795.320.000%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0155%8h795.40+0.010%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.076%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h795.39+0.009%$28K$2K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h795.42+0.013%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0329%1h794.75−0.071%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0383%1h795.76+0.055%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0536%1h795.40+0.010%$68K$38K12xas long as short