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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h +0.067%
Price spread now: Reya against Bitget+0.026%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.026% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT784.360.0100pay 0.0100% / 8h2h 29m$75.9M$30.9M75x
ShortReya BNBRUSDPERP784.560.0323get 0.0040% / 1h29m 55s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$46.88
Price spread: +0.026% → 0.000%
$2.57
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$31.45
Costs to cover
0.180%
Break-even
2.3 days
Slippage unknown: Bitget: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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, 4 min ago0.06 bp6.2 bp −$610.2 bp −$10221.5 bp −$2,151doesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0192% / S +0.0356%1h784.59+0.029%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.20+0.107%$4K$4225xas long as short
StandX BNB-USD0.0000%1h785.03+0.085%$847K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.68+0.041%$9.5M150xas long as short
Aster BNBUSDT+0.0029%8h785.27+0.116%$6.1M$18.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.643%$19K$789K30xas long as short
BingX BNB-USDC+0.0041%8h784.55+0.024%$13.4Mas long as short
Phemex BNBUSDT+0.0049%8h785.30+0.120%$68.7M$50.6M50xas long as short
MEXC BNB_USDT+0.0052%8h785.60+0.158%$79.6M$11.9M200xas long as short
Binance BNBUSDT+0.0053%8h785.41+0.134%$489.2M$809.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h784.70+0.044%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h784.32−0.005%$577K$1.9M50xas long as short
Lighter BNB+0.0096%1h784.94+0.074%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.73+0.047%$264K$489K50xas long as short
Nado BNB-PERP+0.0100%1h784.55+0.024%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.24+0.112%$51.5M$17.5M10xas long as short
Pacifica BNB+0.0100%1h784.89+0.068%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h784.62+0.033%$137.9M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.60+0.031%$53.3M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h784.80+0.056%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h784.75+0.050%$36.3M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.35−0.001%$27.5M$10.3M75xas long as short
Bitget BNBUSDTlong+0.0100%8h784.36long leg$75.9M$30.9M75x
Backpack BNB_USDC_PERP+0.0100%1h785.18+0.105%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.13−0.030%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h785.38+0.130%$4.1M$75.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.10+0.094%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.63+0.034%$131K$954K10xas long as short
Derive BNB-PERP+0.0100%1h784.87+0.065%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.53+0.149%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.80+0.056%$386K$994K10xas long as short
HTX BNB-USDT+0.0100%8h784.360.000%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.97+0.078%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.39+0.004%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h784.97+0.078%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h785.73+0.175%$169K$35K10xas long as short
dYdX BNB-USD+0.0127%1h784.34−0.002%$159K$61K10xas long as short
Kalshi KXBNBPERP+0.0139%8h785.00+0.082%$147K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0173%8h784.93+0.073%$17.6M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0205%8h785.51+0.147%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0288%1h785.44+0.138%$28K$4K10xas long as short
Bulk BNB-USD+0.0298%1h785.69+0.170%$637K$4K10xas long as short
Reya BNBRUSDPERPshort+0.0323%1h784.56+0.026%$6K$3K40x
Deribit BNB_USDC-PERPETUAL+0.0400%1h785.19+0.106%$1.5M$143K25xas long as short
RISEx BNB/USDC+0.0432%1h784.99+0.080%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0488%1h785.21+0.108%$67K$39K12xas long as short