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+0.0011%/8h= +1.2% APRpaid last 24h +0.011%
Price spread now: Binance against edgeX+0.040%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days−0.021%−$2 · spread now +0.040%, 7d avg +0.036%
Together, before fees−0.090%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC798.560.0100pay 0.0050% / 4h23m 03s$4.1M$76.4M30x
ShortBinance BNBUSDT798.880.0111get 0.0111% / 8h23m 03s$498.8M$818.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
$2.28
Price spread: +0.040% → +0.036%
$0.4
Slippage, 4 orders
−$3.88
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.21
Costs to cover
0.229%
Break-even
69.1 days
Slippage from edgeX: live order book, 1 min ago; Binance: live order book, 6 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 edgeX live order book, 1 min ago1.88 bp6.4 bp −$66.4 bp −$6410.1 bp −$1,012doesn't fit
Sell Binance live order book, 6 min ago0.06 bp5.1 bp −$56.4 bp −$6417.0 bp −$1,697doesn'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%1h798.26−0.038%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.42−0.018%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.27−0.037%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.10+0.067%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.72+0.020%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.30−0.033%$9.7M150xas long as short
Variational Omni BNB+0.0013%8h798.06−0.063%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0038%8h798.22−0.043%$13.3Mas long as short
Bybit BNBUSDT+0.0043%8h798.10−0.058%$138.5M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.166%$606K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0089%8h798.89+0.041%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h798.63+0.008%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h797.91−0.082%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.23−0.042%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.10−0.058%$54.3M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h798.30−0.033%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.15−0.052%$35.7M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.24−0.040%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.02−0.068%$79.0M$27.5M75xas long as short
edgeX BNBUSDClong+0.0100%4h798.56long leg$4.1M$76.4M30x
ApeX Omni BNBUSDT+0.0100%1h799.22+0.082%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.12−0.056%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.27−0.037%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.47−0.012%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.79+0.028%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.50−0.008%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.69+0.016%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h797.73−0.104%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.65+0.011%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.91−0.082%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.36−0.026%$383K$40K10xas long as short
Phemex BNBUSDT+0.0110%8h798.71+0.018%$69.8M$50.5M50xas long as short
Binance BNBUSDTshort+0.0111%8h798.88+0.040%$498.8M$818.0M75x
MEXC BNB_USDT+0.0111%8h799.30+0.092%$83.0M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0126%8h798.80+0.030%$89K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h798.51−0.007%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.02−0.069%$70K$43K12xas long as short
Hyperliquid BNB+0.0206%1h799.30+0.092%$52.5M$21.2M10xas long as short
BloFin BNB-USDT+0.0231%8h798.87+0.038%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.184%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h798.22−0.044%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h798.74+0.022%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.817%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.80−0.095%$6K$3K40xas long as short
dYdX BNB-USD+0.0380%1h797.85−0.090%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0395%1h799.15+0.073%$2.7M$5.7M40xas long as short