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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0141%/8h= −15.4% APRnext payment $1.41 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin−0.017%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.237%−$24 on $10k
Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.017%, 7d avg −0.005%
Together, before fees−0.140%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BNB-USDT801.210.0238pay 0.0238% / 8h1h 16m$18.3M$2.5M75x
ShortAster BNBUSDT801.080.0097get 0.0097% / 8h1h 16m$6.3M$19.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$29.55
Price spread: −0.017% → −0.005%
−$1.2
Slippage, 4 orders
−$1.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.12
Costs to cover
0.214%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 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 BloFin live order book, 7 min ago0.06 bp6.1 bp −$66.9 bp −$6914.1 bp −$1,415doesn't fit
Sell Aster live order book, 2 min ago0.37 bp4.5 bp −$45.7 bp −$5720.6 bp −$2,060doesn'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 −0.0201% / S +0.0372%1h800.54−0.084%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.06−0.019%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h801.79+0.073%$3.0M$29.6M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.50+0.036%$158K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h801.88+0.084%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.57−0.080%$9.7M150xas long as short
Variational Omni BNB+0.0038%8h801.85+0.080%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h800.81−0.050%$34.8Mas long as short
Bybit BNBUSDT+0.0071%8h800.40−0.101%$139.3M$80.8M75xas long as short
Lighter BNB+0.0096%1h800.83−0.048%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17−0.005%$610K$996K50xas long as short
Aster BNBUSDTshort+0.0097%8h801.08−0.017%$6.3M$19.0M200x
Nado BNB-PERP+0.0100%1h800.53−0.085%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h800.94−0.034%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.50−0.089%$54.7M$115.7M50xas long as short
Arcus BNB-USD+0.0100%1h801.10−0.014%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h800.45−0.095%$35.8M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.37−0.105%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h800.57−0.080%$80.9M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h803.01+0.225%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.69+0.185%$162K$443K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.48−0.091%$121K$877K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.54−0.084%$387K$528K50xas long as short
Derive BNB-PERP+0.0100%1h800.76−0.056%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.27+0.008%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.70−0.064%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.97−0.030%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.24+0.003%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h800.41−0.100%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h800.70−0.064%$385K$40K10xas long as short
MEXC BNB_USDT+0.0117%8h801.60+0.049%$83.4M$13.8M200xas long as short
Binance BNBUSDT+0.0117%8h801.33+0.015%$503.3M$818.7M75xas long as short
Phemex BNBUSDT+0.0120%8h801.13−0.010%$70.0M$51.8M50xas long as short
Phoenix BNB+0.0155%1h801.63+0.052%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0184%1h801.27+0.008%$71K$48K12xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.48−0.091%$2.6M$974K50xas long as short
BloFin BNB-USDTlong+0.0238%8h801.21long leg$18.3M$2.5M75x
dYdX BNB-USD+0.0300%1h800.60−0.076%$161K$62K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.05−0.020%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.484%$19K$789K30xas long as short
Hyperliquid BNB+0.0313%1h801.48+0.034%$51.9M$21.9M10xas long as short
Bulk BNB-USD+0.0314%1h802.70+0.186%$652K$21K10xas long as short
RISEx BNB/USDC+0.0318%1h801.04−0.021%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0320%1h801.32+0.014%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0333%1h800.10−0.138%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0590%1h801.47+0.032%$2.7M$5.7M40xas long as short