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 02:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: ApeX Omni against Coinbase International+0.187%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Long on Coinbase InternationalShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.208%+$21 · spread now +0.187%, 7d avg +0.078%
Together, before fees+0.322%+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.109% dearer against Coinbase International than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX789.790.0048pay 0.0006% / 1h29m 11s$617K$1.8M50x
ShortApeX Omni BNBUSDT791.270.0100get 0.0013% / 1h29m 11s$159K$440K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$10.92
Price spread: +0.187% → +0.078%
$10.94
Slippage, 4 orders
−$20.62
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$18.77
Costs to cover
0.406%
Break-even
19.0 days
Slippage from Coinbase International: live order book, 4 min ago; ApeX Omni: live order book, 33 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 Coinbase International live order book, 4 min ago1.27 bp9.5 bp −$914.9 bp −$149doesn't fitdoesn't fit
Sell ApeX Omni live order book, 33 min ago6.20 bp11.6 bp −$1232.7 bp −$327doesn'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 −0.0167% / S +0.0335%1h790.36+0.073%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.88+0.138%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.68+0.239%$856K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h790.41+0.079%$9.6M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.937%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTXlong+0.0048%1h789.79long leg$617K$1.8M50x
Aster BNBUSDT+0.0049%8h790.84+0.133%$6.3M$18.7M200xas long as short
BingX BNB-USDC+0.0059%8h790.73+0.119%—$13.4M—as long as short
Phemex BNBUSDT+0.0072%8h790.72+0.118%$69.2M$51.1M50xas long as short
MEXC BNB_USDT+0.0076%8h791.10+0.166%$80.4M$12.4M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0076%8h790.78+0.125%$494.4M$803.6M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h790.17+0.048%$2.5M$1.2M50xas long as short
Variational Omni BNB+0.0096%8h790.49+0.088%$4.1M$4.6M—as long as short
Lighter BNB+0.0096%1h790.39+0.076%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.41+0.079%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.40+0.077%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.17+0.175%$51.8M$18.1M10xas long as short
Pacifica BNB+0.0100%1h790.70+0.115%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h790.10+0.039%$139.0M$77.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.10+0.039%$53.6M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h790.80+0.128%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.45+0.084%$35.4M$57.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h790.36+0.072%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h790.30+0.065%$77.0M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.74+0.120%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h790.40+0.077%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h791.27+0.187%$159K$440K50x
Polymarket Perps BNB-USD+0.0100%1h790.41+0.079%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h790.61+0.104%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h791.04+0.158%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h790.24+0.057%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h791.20+0.179%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.93+0.018%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.31+0.066%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.21+0.180%$170K$35K10xas long as short
SoDEX BNB-USD+0.0135%1h790.30+0.065%$389K$1.0M10xas long as short
GRVT BNB_USDT_Perp+0.0142%8h791.40+0.204%$2.9M$28.2M10xas long as short
Kalshi KXBNBPERP+0.0191%8h790.80+0.128%$91K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0196%8h791.07+0.162%$18.1M$2.3M75xas long as short
dYdX BNB-USD+0.0234%1h790.32+0.067%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0296%1h791.13+0.170%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0327%1h790.29+0.063%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h790.80+0.128%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0383%1h789.790.000%$640K$6K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h790.74+0.120%$1.5M$147K25xas long as short
Hibachi BNB/USDT-P+0.0600%1h791.07+0.162%$68K$38K12xas long as short