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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget+0.138%94s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days−0.041%−$4 · spread now +0.138%, 7d avg +0.095%
Together, before fees+0.003%+ Points / potential airdropedgeX: Active · farm board$0 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 0.043% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.095%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT788.800.0100pay 0.0100% / 8h4h 21m$76.3M$30.1M75x
ShortedgeX BNBUSDC789.890.0100get 0.0050% / 4h21m 52s$4.1M$73.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.138% → +0.095%
$4.32
Slippage, 4 orders
−$5.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$21.71
Costs to cover
0.260%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; edgeX: 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 Bitget live order book, 2 min ago0.06 bp6.7 bp −$710.8 bp −$10823.5 bp −$2,355doesn't fit
Sell edgeX live order book, 2 min ago1.90 bp6.4 bp −$66.4 bp −$649.6 bp −$961doesn'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 −0.0187% / S +0.0351%1h789.31+0.065%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h789.67+0.110%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.36+0.071%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.31+0.064%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.065%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h789.65+0.108%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0052%8h789.43+0.080%$13.4Mas long as short
Binance BNBUSDT+0.0064%8h789.84+0.132%$492.9M$790.3M75xas long as short
MEXC BNB_USDT+0.0064%8h790.00+0.152%$80.2M$12.4M200xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45+0.082%$582K$1.9M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0065%8h789.78+0.124%$69.1M$50.0M50xas long as short
Lighter BNB+0.0096%1h789.34+0.068%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.40+0.076%$266K$492K50xas long as short
Nado BNB-PERP+0.0100%1h789.20+0.051%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.61+0.103%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.49+0.088%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.24+0.056%$138.8M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.10+0.038%$53.4M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h789.50+0.089%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.25+0.057%$35.5M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.25+0.057%$27.9M$10.4M75xas long as short
Bitget BNBUSDTlong+0.0100%8h788.80long leg$76.3M$30.1M75x
Backpack BNB_USDC_PERP+0.0100%1h789.44+0.081%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.00+0.026%$4.1M$4.6Mas long as short
edgeX BNBUSDCshort+0.0100%4h789.89+0.138%$4.1M$73.2M30x
ApeX Omni BNBUSDT+0.0100%1h790.13+0.169%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.24+0.056%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.55+0.095%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.97+0.148%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.50+0.089%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.38+0.073%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.94+0.145%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.89+0.012%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.32+0.065%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.73+0.118%$170K$35K10xas long as short
dYdX BNB-USD+0.0130%1h789.35+0.070%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0145%8h790.08+0.162%$2.9M$28.5M10xas long as short
Kalshi KXBNBPERP+0.0178%8h789.80+0.127%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0184%8h789.74+0.119%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0222%1h790.13+0.168%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h789.96+0.147%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.04+0.030%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.80+0.127%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h789.15+0.044%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h789.51+0.090%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h789.63+0.106%$1.1M$967K20xas long as short