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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0334%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.032%
Price spread now: RISEx against Extended+0.121%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$150.147% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.137%+$14 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.121%, 7d avg +0.057%
Together, before fees+0.068%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.064% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD786.180.0104pay 0.0013% / 1h44m 02s$1.8M$6.2M50x
ShortRISEx BNB/USDC787.130.0438get 0.0055% / 1h44m 02s$1.1M$914K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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
$70.17
Price spread: +0.121% → +0.057%
$6.38
Slippage, 4 orders
−$3.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$61.81
Costs to cover
0.147%
Break-even
0.8 days
Slippage from Extended: live order book, 5 min ago; RISEx: 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 Extended live order book, 5 min ago0.06 bp3.0 bp −$34.3 bp −$4322.4 bp −$2,243doesn't fit
Sell RISEx live order book, 5 min ago0.95 bp4.0 bp −$47.1 bp −$71doesn't fitdoesn'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 −0.0170% / S +0.0337%1h786.64+0.059%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.54+0.046%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.82+0.082%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.74+0.072%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.406%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h787.06+0.112%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0054%8h786.75+0.073%$13.4Mas long as short
MEXC BNB_USDT+0.0066%8h787.40+0.156%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h787.01+0.106%$490.3M$816.5M75xas long as short
dYdX BNB-USD+0.0071%1h786.47+0.037%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h787.11+0.119%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.089%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.67+0.063%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.50+0.041%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h787.04+0.110%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.40+0.028%$138.4M$75.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.40+0.028%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.10+0.117%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.60+0.054%$37.1M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.24+0.008%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.49+0.040%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h785.91−0.034%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.94+0.097%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.08+0.115%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.67+0.063%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.61+0.055%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.82+0.082%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.133%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.70+0.067%$387K$984K10xas long as short
HTX BNB-USDT+0.0100%8h786.97+0.101%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.20+0.130%$76K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h786.18long leg$1.8M$6.2M50x
Aevo BNB-PERP+0.0104%1h786.63+0.057%$378K$110K10xas long as short
Backpack BNB_USDC_PERP+0.0116%1h786.92+0.095%$2.2M$6.1M40xas long as short
Hyperliquid BNB+0.0119%1h787.12+0.119%$51.5M$17.6M10xas long as short
Phoenix BNB+0.0135%1h786.68+0.064%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0140%8h787.30+0.143%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h787.52+0.171%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.02+0.107%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.50+0.041%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0227%8h787.04+0.110%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.40+0.156%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.41+0.029%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.131%$638K$4K10xas long as short
RISEx BNB/USDCshort+0.0438%1h787.13+0.121%$1.1M$914K20x
Hibachi BNB/USDT-P+0.0552%1h787.31+0.145%$67K$39K12xas long as short