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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0288%/8h= −31.5% APRnext payment $0.36 per $10,000 · paid last 24h −0.132%
Price spread now: StandX against dYdX+0.140%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.624%−$62 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.140%, 7d avg +0.067%
Together, before fees−0.514%+ Points / potential airdropStandX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.073% dearer against dYdX than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.067%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BNB-USD797.280.0288pay 0.0036% / 1h49m 14s$161K$63K10x
ShortStandX BNB-USD798.400get 0.0000% / 1h49m 14s$863K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against dYdX. 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
−$60.42
Price spread: +0.140% → +0.067%
$7.32
Slippage, 4 orders
−$40.24
Fee dYdX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$111.34
Costs to cover
0.582%
Break-even
never at this rate
Slippage from dYdX: live order book, 25 min ago; StandX: live order book, 5 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 dYdX live order book, 25 min ago9.69 bp16.2 bp −$1622.8 bp −$22830.3 bp −$3,03197.5 bp −$48.7K
Sell StandX live order book, 5 min ago4.51 bp11.1 bp −$1113.5 bp −$13554.2 bp −$5,417doesn'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%1h797.88+0.075%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.90+0.078%$2.5M$980K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.25+0.122%$4K$23925xas long as short
Bybit BNBUSDT−0.0049%8h797.60+0.040%$138.5M$77.0M75xas long as short
BingX BNB-USDT−0.0030%8h797.88+0.075%$35.2Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.206%$3.0M$27.9M10xas long as short
StandX BNB-USDshort0.0000%1h798.40+0.140%$863K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.86+0.073%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.019%$4.1M$5.4Mas long as short
Gate BNB_USDT+0.0024%8h797.65+0.046%$35.7M$55.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.980%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.090%$601K$987K50xas long as short
Aster BNBUSDT+0.0069%8h798.41+0.142%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0071%8h798.46+0.148%$69.7M$50.6M50xas long as short
MEXC BNB_USDT+0.0091%8h798.70+0.178%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0091%8h798.46+0.148%$496.3M$816.9M75xas long as short
Lighter BNB+0.0096%1h798.13+0.106%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.179%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.24−0.005%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.93+0.081%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.70+0.053%$54.1M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h798.20+0.115%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.77+0.061%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.63+0.044%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.191%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.41+0.142%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.74+0.058%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.87+0.074%$386K$481K50xas long as short
Derive BNB-PERP+0.0100%1h798.02+0.093%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h797.92+0.080%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.20+0.115%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.14+0.108%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.68+0.176%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.51+0.029%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.02+0.218%$384K$108K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h797.85+0.071%$70K$36K12xas long as short
Kalshi KXBNBPERP+0.0154%8h798.20+0.115%$89K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.05+0.097%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.246%$649K$14K10xas long as short
BloFin BNB-USDT+0.0211%8h798.50+0.153%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h798.50+0.153%$28K$1K10xas long as short
dYdX BNB-USDlong+0.0288%1h797.28long leg$161K$63K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.42+0.143%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0331%1h797.45+0.022%$6K$3K40xas long as short
Hyperliquid BNB+0.0373%1h798.63+0.169%$53.2M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0385%1h798.22+0.118%$2.7M$5.7M40xas long as short