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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.065%
Price spread now: 01 Exchange against Bitget+0.155%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BitgetShort on 01 Exchange
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.155% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT797.660.0100pay 0.0100% / 8h7h 55m$78.7M$27.6M75x
Short01 Exchange BNBUSD798.900.0208get 0.0026% / 1h55m 47s$28K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$22.68
Price spread: +0.155% → 0.000%
$15.55
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$19.23
Costs to cover
0.190%
Break-even
1.1 days
Slippage unknown: Bitget: live order book, 3 min ago; 01 Exchange: 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, 3 min ago0.06 bp6.8 bp −$710.2 bp −$10220.4 bp −$2,040doesn't fit
Sell 01 Exchange no order-book sample—————
01 Exchange: 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 −0.0201% / S +0.0372%1h798.05+0.049%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.28+0.078%$2.5M$977K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.88+0.153%$4K$23925xas long as short
Bybit BNBUSDT−0.0009%8h797.80+0.018%$138.6M$76.9M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.73+0.259%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.47+0.227%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h798.75+0.137%$69.9M$50.7M50xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.10+0.056%$9.7M—150xas long as short
Variational Omni BNB+0.0010%8h798.14+0.060%$4.1M$5.4M—as long as short
Gate BNB_USDT+0.0021%8h798.15+0.061%$35.7M$55.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.931%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68+0.128%$602K$985K50xas long as short
Aster BNBUSDT+0.0073%8h798.61+0.119%$6.2M$19.3M200xas long as short
BingX BNB-USDC+0.0077%8h798.76+0.138%—$13.3M—as long as short
Binance BNBUSDT+0.0094%8h798.62+0.120%$496.9M$817.9M75xas long as short
MEXC BNB_USDT+0.0094%8h798.90+0.155%$83.0M$13.5M200xas long as short
Lighter BNB+0.0096%1h798.28+0.078%$2.8M$4.0M20xas long as short
Nado BNB-PERP+0.0100%1h797.95+0.036%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.23+0.071%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.70+0.005%$54.3M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h798.20+0.068%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.15+0.061%$28.0M$10.2M75xas long as short
Bitget BNBUSDTlong+0.0100%8h797.66long leg$78.7M$27.6M75x
edgeX BNBUSDC+0.0100%4h799.62+0.246%$4.2M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.37+0.214%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.17+0.064%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.06+0.050%$386K$487K50xas long as short
Derive BNB-PERP+0.0100%1h798.23+0.071%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.68+0.127%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40+0.093%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.48+0.103%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h798.39+0.092%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.74+0.135%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.96+0.037%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h798.46+0.100%$384K$64K10xas long as short
Phoenix BNB+0.0127%1h799.98+0.291%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.05+0.174%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0154%8h799.00+0.168%$90K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.61+0.118%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.198%$649K$14K10xas long as short
01 Exchange BNBUSDshort+0.0208%1h798.90+0.155%$28K$1K10x
BloFin BNB-USDT+0.0215%8h799.13+0.184%$18.1M$2.5M75xas long as short
dYdX BNB-USD+0.0275%1h798.21+0.069%$161K$63K10xas long as short
Hyperliquid BNB+0.0292%1h799.01+0.169%$52.5M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0299%1h799.08+0.178%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h797.72+0.007%$6K$3K40xas long as short