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+0.0004%/8h= +0.4% APRpaid last 24h +0.016%
Price spread now: Aster against Derive+0.077%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.077% dearer against Derive than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive BNB-PERP802.700.0100pay 0.0013% / 1h50m 11s$32K$5K10x
ShortAster BNBUSDT803.310.0104get 0.0104% / 8h50m 11s$6.3M$19.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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
$0.84
Price spread: +0.077% → 0.000%
$7.66
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$5.5
Costs to cover
0.140%
Break-even
52.7 days
Slippage unknown: Derive: no order-book sample; Aster: live order book, 4 min ago. 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 Derive no order-book sample
Sell Aster live order book, 4 min ago0.75 bp4.8 bp −$55.3 bp −$5316.9 bp −$1,686doesn't fit
Derive: 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%1h802.50−0.024%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.34+0.080%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.44−0.032%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.91+0.026%$3.0M$28.2M10xas long as short
StandX BNB-USD0.0000%1h803.42+0.090%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.55−0.017%$9.8M150xas long as short
Variational Omni BNB+0.0029%8h802.05−0.080%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0053%8h802.55−0.018%$34.8Mas long as short
Bybit BNBUSDT+0.0064%8h802.10−0.074%$139.4M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.246%$607K$996K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.66−0.005%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.45−0.031%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h803.11+0.051%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.20−0.062%$54.7M$113.5M50xas long as short
Arcus BNB-USD+0.0100%1h803.20+0.063%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.35−0.043%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.39−0.038%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.05−0.080%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.03+0.042%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.26+0.070%$162K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.73+0.004%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.54−0.019%$388K$497K50xas long as short
Derive BNB-PERPlong+0.0100%1h802.70long leg$32K$5K10x
SunX BNB-USDT+0.0100%8h803.16+0.058%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.65−0.005%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.55+0.107%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h802.04−0.081%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h802.83+0.017%$386K$40K10xas long as short
Aster BNBUSDTshort+0.0104%8h803.31+0.077%$6.3M$19.0M200x
Kalshi KXBNBPERP+0.0113%8h803.20+0.063%$109K$2.9M4.8xas long as short
Phemex BNBUSDT+0.0115%8h803.05+0.044%$70.2M$51.0M50xas long as short
Binance BNBUSDT+0.0125%8h803.05+0.044%$502.3M$818.3M75xas long as short
MEXC BNB_USDT+0.0125%8h803.30+0.075%$83.5M$13.5M200xas long as short
Phoenix BNB+0.0127%1h803.21+0.064%$173K$36K10xas long as short
SoDEX BNB-USD+0.0161%1h802.60−0.012%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.93+0.030%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0240%1h802.77+0.010%$71K$49K12xas long as short
BloFin BNB-USDT+0.0245%8h803.43+0.092%$18.2M$2.6M75xas long as short
RISEx BNB/USDC+0.0258%1h803.04+0.044%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0263%1h803.13+0.054%$52.0M$21.4M10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.298%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.110%$653K$20K10xas long as short
Backpack BNB_USDC_PERP+0.0325%1h803.25+0.069%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0332%1h802.28−0.052%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0400%1h803.57+0.109%$28K$1K10xas long as short
dYdX BNB-USD+0.0482%1h802.89+0.024%$162K$62K10xas long as short