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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.043%
Price spread now: ApeX Omni against Bulk+0.062%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Long on BulkShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.241%−$24 on $10k
Price spread, last 4 days (all we have)+0.347%+$35 · spread now +0.062%, 7d avg −0.031%
Together, before fees+0.105%+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.093% dearer against Bulk than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.031%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk BNB-USD784.930.0231pay 0.0029% / 1h15m 19s$636K$83110x
ShortApeX Omni BNBUSDT785.420.0100get 0.0013% / 1h15m 19s$158K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bulk. 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
−$27.59
Price spread: +0.062% → −0.031%
$9.34
Slippage, 4 orders
−$10.68
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$45.92
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Bulk: live order book, 24 min ago; ApeX Omni: live order book, 22 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 Bulk live order book, 24 min ago0.06 bp3.6 bp −$43.9 bp −$397.9 bp −$79016.5 bp −$8,229
Sell ApeX Omni live order book, 22 min ago3.44 bp11.5 bp −$1236.0 bp −$360doesn't fitdoesn'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 −0.0168% / S +0.0337%1h784.52−0.053%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.94+0.001%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.49−0.057%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.00+0.009%$170K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.56+0.080%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.53−0.051%$9.5M—150xas long as short
Aster BNBUSDT+0.0033%8h785.11+0.023%$6.0M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.568%$19K$789K30xas long as short
BingX BNB-USDT+0.0038%8h784.66−0.034%—$22.1M—as long as short
MEXC BNB_USDT+0.0048%8h785.70+0.098%$80.8M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.09+0.021%$488.0M$814.7M75xas long as short
Phemex BNBUSDT+0.0076%8h785.15+0.028%$68.5M$51.0M50xas long as short
Lighter BNB+0.0096%1h784.65−0.036%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.13+0.025%$159K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.45−0.061%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.10+0.022%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.87−0.008%$1.2M$938K20xas long as short
Bybit BNBUSDT+0.0100%8h784.40−0.068%$138.0M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.40−0.068%$53.3M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h784.80−0.017%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.048%$38.3M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.23−0.089%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.13−0.102%$75.2M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.96+0.004%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.43−0.064%$4.0M$4.7M—as long as short
edgeX BNBUSDC+0.0100%4h784.96+0.004%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h785.42+0.062%$158K$436K50x
Polymarket Perps BNB-USD+0.0100%1h784.42−0.065%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.55−0.048%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h784.56−0.048%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.15+0.028%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.70−0.029%$386K$964K10xas long as short
HTX BNB-USDT+0.0100%8h785.05+0.015%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.18+0.032%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.17−0.097%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.61−0.040%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.48−0.057%$546K$1.9M50xas long as short
dYdX BNB-USD+0.0113%1h784.27−0.085%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.06+0.017%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.98+0.007%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0217%8h785.43+0.064%$2.9M$28.3M10xas long as short
Bulk BNB-USDlong+0.0231%1h784.93long leg$636K$83110x
01 Exchange BNBUSD+0.0248%1h785.34+0.052%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.22−0.090%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.92−0.001%$1.1M$904K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h784.96+0.004%$67K$39K12xas long as short