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−0.0049%/8h= −5.4% APRnext payment $0.49 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Bitget+0.035%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.082%+$8 · spread now +0.035%, 7d avg +0.131%
Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · 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 Aster is 0.095% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT798.360.0100pay 0.0100% / 8h7h 10m$78.2M$28.0M75x
ShortAster BNBUSDT798.640.0051get 0.0051% / 8h7h 10m$6.1M$19.4M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$10.39
Price spread: +0.035% → +0.131%
−$9.53
Slippage, 4 orders
−$3.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$43.19
Costs to cover
0.233%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 3 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 Bitget live order book, 3 min ago0.06 bp7.6 bp −$810.4 bp −$10420.3 bp −$2,034doesn't fit
Sell Aster live order book, 3 min ago0.38 bp4.5 bp −$46.7 bp −$6720.5 bp −$2,052doesn'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 −0.0159% / S +0.0335%1h798.19−0.021%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.19−0.021%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.63+0.034%$4K$23925xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.74+0.173%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.92+0.195%$864K$2.9M30xas long as short
Gate BNB_USDT+0.0002%8h798.50+0.018%$35.9M$57.0M75xas long as short
Variational Omni BNB+0.0008%8h797.92−0.055%$4.1M$5.1Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.13−0.029%$9.7M150xas long as short
Phemex BNBUSDT+0.0028%8h798.76+0.050%$69.8M$50.1M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.843%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDC+0.0035%8h798.87+0.064%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.089%$615K$1.1M50xas long as short
Aster BNBUSDTshort+0.0051%8h798.64+0.035%$6.1M$19.4M200x
Bybit BNBUSDT+0.0064%8h798.48+0.015%$138.6M$76.0M75xas long as short
Binance BNBUSDT+0.0073%8h799.21+0.107%$496.4M$809.2M75xas long as short
MEXC BNB_USDT+0.0074%8h799.40+0.130%$83.1M$13.7M200xas long as short
Lighter BNB+0.0096%1h798.33−0.003%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h800.04+0.210%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.20−0.020%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.46+0.013%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50+0.018%$54.2M$110.7M50xas long as short
Arcus BNB-USD+0.0100%1h798.60+0.030%$53K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.17−0.024%$27.9M$10.0M75xas long as short
Bitget BNBUSDTlong+0.0100%8h798.36long leg$78.2M$28.0M75x
edgeX BNBUSDC+0.0100%4h799.52+0.146%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.37+0.127%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.21−0.019%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.15−0.026%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.23−0.016%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.92+0.070%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.30−0.008%$392K$995K10xas long as short
HTX BNB-USDT+0.0100%8h798.13−0.029%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.04+0.085%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.12−0.030%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.14−0.027%$383K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.070%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.33−0.004%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0162%8h798.80+0.055%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0190%1h798.50+0.018%$161K$63K10xas long as short
BloFin BNB-USDT+0.0193%8h798.69+0.041%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.83+0.059%$28K$1K10xas long as short
Hyperliquid BNB+0.0289%1h799.49+0.141%$53.1M$20.3M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.60+0.030%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0320%1h799.02+0.083%$68K$38K12xas long as short
Reya BNBRUSDPERP+0.0330%1h798.06−0.038%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0428%1h798.98+0.078%$2.7M$5.7M40xas long as short