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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.056%
Price spread now: 01 Exchange against edgeX+0.047%57s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.047% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC787.810.0100pay 0.0050% / 4h2h 49m$4.1M$74.6M30x
Short01 Exchange BNBUSD788.180.0320get 0.0040% / 1h49m 44s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$46.2
Price spread: +0.047% → 0.000%
$4.66
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$34.86
Costs to cover
0.160%
Break-even
1.7 days
Slippage unknown: edgeX: live order book, 4 min ago; 01 Exchange: no order-book sample. 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 edgeX live order book, 4 min ago2.54 bp7.0 bp −$77.0 bp −$7011.4 bp −$1,136doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 −0.0192% / S +0.0356%1h787.28−0.067%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.68−0.017%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.06+0.031%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.31−0.064%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h787.86+0.005%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.193%$19K$789K30xas long as short
BingX BNB-USDT+0.0039%8h787.45−0.046%$22.2Mas long as short
MEXC BNB_USDT+0.0050%8h788.20+0.049%$79.9M$11.8M200xas long as short
Binance BNBUSDT+0.0051%8h787.81−0.001%$490.8M$804.9M75xas long as short
Phemex BNBUSDT+0.0055%8h787.59−0.028%$68.9M$50.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.98−0.106%$2.5M$1.2M50xas long as short
dYdX BNB-USD+0.0071%1h787.06−0.096%$159K$61K10xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46−0.045%$578K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.40−0.053%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.23−0.074%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.45−0.046%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.69−0.015%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.49−0.040%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.21−0.077%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.078%$53.4M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h787.40−0.052%$52K$134K10xas long as short
Gate BNB_USDT+0.0100%8h787.05−0.097%$36.2M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.08−0.093%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.97−0.107%$76.2M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.39−0.054%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.089%$4.1M$4.6Mas long as short
edgeX BNBUSDClong+0.0100%4h787.81long leg$4.1M$74.6M30x
ApeX Omni BNBUSDT+0.0100%1h787.810.000%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.35−0.059%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.39−0.054%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.14+0.042%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.10−0.090%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.70−0.014%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.74−0.136%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.29−0.066%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.41−0.051%$169K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h787.30−0.065%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0131%8h787.90+0.011%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.85+0.005%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0197%8h788.13+0.040%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.63−0.024%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.046%$639K$10K10xas long as short
01 Exchange BNBUSDshort+0.0320%1h788.18+0.047%$28K$4K10x
Reya BNBRUSDPERP+0.0324%1h787.30−0.065%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h787.820.000%$1.1M$908K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h787.89+0.010%$67K$39K12xas long as short