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 05:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: RISEx against Deribit−0.064%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Long on DeribitShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.091%+$9 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.064%, 7d avg −0.022%
Together, before fees+0.215%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.042% cheaper against Deribit than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.022%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$7 a day). At the pace of the last 4 days (+0.091% in total) that is about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BNB_USDC-PERPETUAL788.120.0200pay 0.0025% / 1h18m 20s$1.5M$143K25x
ShortRISEx BNB/USDC787.610.0431get 0.0054% / 1h18m 20s$1.1M$893K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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
$48.58
Price spread: −0.064% → −0.022%
−$4.22
Slippage, 4 orders
−$13.57
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$17.79
Costs to cover
0.266%
Break-even
4.4 days
Slippage from Deribit: live order book, 1 min ago; RISEx: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 1 min ago3.05 bp7.4 bp −$712.7 bp −$127doesn't fitdoesn't fit
Sell RISEx live order book, just now1.84 bp4.8 bp −$59.6 bp −$96doesn'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 −0.0192% / S +0.0356%1h787.55−0.072%$46K—200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.50−0.078%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.93−0.024%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.00−0.015%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.50+0.049%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.62−0.063%$9.5M—150xas long as short
Aster BNBUSDT+0.0023%8h787.98−0.017%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.154%$19K$789K30xas long as short
BingX BNB-USDT+0.0035%8h787.68−0.055%—$22.3M—as long as short
MEXC BNB_USDT+0.0042%8h788.60+0.061%$80.0M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0043%8h788.18+0.008%$491.4M$801.1M75xas long as short
Phemex BNBUSDT+0.0044%8h788.19+0.009%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.117%$588K$1.9M50xas long as short
dYdX BNB-USD+0.0089%1h787.23−0.112%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.84−0.035%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.77−0.044%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.69−0.054%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.15−0.123%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.98−0.017%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.48−0.080%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.50−0.078%$138.6M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40−0.091%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.50−0.078%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.50−0.078%$36.0M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.26−0.109%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.35−0.097%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.95−0.021%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.41−0.089%$4.1M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h788.05−0.009%$4.1M$74.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.86−0.032%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.48−0.081%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.71−0.051%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.89−0.028%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80−0.040%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.32−0.101%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.61−0.064%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.28−0.106%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.66−0.058%$378K$110K10xas long as short
BloFin BNB-USDT+0.0163%8h788.16+0.006%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0175%8h788.39+0.035%$2.9M$28.6M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.021%$638K$10K10xas long as short
Deribit BNB_USDC-PERPETUALlong+0.0200%1h788.12long leg$1.5M$143K25x
01 Exchange BNBUSD+0.0240%1h788.00−0.015%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.20−0.116%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h787.85−0.033%$67K$39K12xas long as short
RISEx BNB/USDCshort+0.0431%1h787.61−0.064%$1.1M$893K20x