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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against edgeX−0.110%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days+0.025%+$2 · spread now −0.110%, 7d avg −0.072%
Together, before fees−0.029%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC803.190.0100pay 0.0050% / 4h44m 52s$4.2M$77.8M30x
ShortOKX BNB-USDT-SWAP802.300.0100get 0.0100% / 8h44m 52s$54.7M$113.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.110% → −0.072%
−$3.84
Slippage, 4 orders
−$6.22
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$29.06
Costs to cover
0.252%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago2.49 bp7.0 bp −$77.0 bp −$7010.7 bp −$1,067doesn't fit
Sell OKX live order book, 4 min ago0.62 bp5.6 bp −$66.9 bp −$6917.4 bp −$1,745doesn'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%1h802.97−0.027%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.50+0.039%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.89−0.036%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.05−0.017%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h803.38+0.024%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.06−0.015%$9.8M150xas long as short
Variational Omni BNB+0.0027%8h802.45−0.092%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h802.70−0.060%$13.3Mas long as short
Bybit BNBUSDT+0.0060%8h802.20−0.123%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.307%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.79−0.050%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.71−0.059%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h803.30+0.014%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h802.30−0.110%$54.7M$113.6M50x
Arcus BNB-USD+0.0100%1h803.50+0.039%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.45−0.092%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.52−0.083%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.28−0.113%$79.6M$27.4M75xas long as short
edgeX BNBUSDClong+0.0100%4h803.19long leg$4.2M$77.8M30x
ApeX Omni BNBUSDT+0.0100%1h803.25+0.008%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.91−0.034%$119K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.99−0.024%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h803.24+0.007%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.58+0.049%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h803.23+0.005%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.64+0.057%$78K$19K50xas long as short
Aster BNBUSDT+0.0104%8h803.32+0.017%$6.4M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h802.20−0.122%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h803.06−0.016%$386K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h803.58+0.049%$70.2M$51.0M50xas long as short
SoDEX BNB-USD+0.0111%1h803.20+0.002%$395K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0113%8h803.60+0.052%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0124%8h803.50+0.039%$83.6M$13.5M200xas long as short
Binance BNBUSDT+0.0125%8h803.13−0.007%$502.3M$817.4M75xas long as short
Phoenix BNB+0.0127%1h803.09−0.012%$173K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h803.40+0.027%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0232%1h803.31+0.016%$71K$43K12xas long as short
Hyperliquid BNB+0.0232%1h803.33+0.018%$52.1M$21.4M10xas long as short
BloFin BNB-USDT+0.0245%8h803.67+0.060%$18.2M$2.6M75xas long as short
RISEx BNB/USDC+0.0258%1h803.22+0.004%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.237%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.049%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.58−0.075%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0363%1h803.70+0.064%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0368%1h803.68+0.062%$28K$1K10xas long as short
dYdX BNB-USD+0.0457%1h802.89−0.037%$162K$62K10xas long as short