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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Extended+0.096%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.027%+$3 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.096%, 7d avg +0.077%
Together, before fees−0.042%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD793.040.0104pay 0.0013% / 1h18m 21s$1.7M$5.8M50x
ShortSoDEX BNB-USD793.800.0100get 0.0013% / 1h18m 21s$390K$996K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.84
Price spread: +0.096% → +0.077%
$1.9
Slippage, 4 orders
−$2.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$14.34
Costs to cover
0.154%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; SoDEX: live order book, just now.

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, 6 min ago0.06 bp3.3 bp −$35.5 bp −$55doesn't fitdoesn't fit
Sell SoDEX live order book, just now0.63 bp4.6 bp −$58.8 bp −$8883.7 bp −$8,375doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h793.55+0.063%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h793.42+0.048%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.80+0.096%$4K$23925xas long as short
StandX BNB-USD0.0000%1h793.90+0.108%$858K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.69+0.082%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.519%$19K$789K30xas long as short
Aster BNBUSDT+0.0033%8h794.13+0.137%$6.1M$19.7M200xas long as short
Variational Omni BNB+0.0038%8h794.10+0.134%$4.1M$4.9Mas long as short
BingX BNB-USDC+0.0050%8h793.46+0.053%$13.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h795.53+0.314%$610K$1.1M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0058%8h793.30+0.033%$35.4M$56.6M75xas long as short
Phemex BNBUSDT+0.0059%8h793.80+0.096%$69.4M$50.7M50xas long as short
Binance BNBUSDT+0.0062%8h794.26+0.153%$494.0M$810.0M75xas long as short
MEXC BNB_USDT+0.0062%8h794.30+0.159%$82.5M$12.8M200xas long as short
GRVT BNB_USDT_Perp+0.0070%8h795.62+0.325%$3.0M$28.5M10xas long as short
dYdX BNB-USD+0.0077%1h793.68+0.080%$160K$63K10xas long as short
Phoenix BNB+0.0088%1h794.99+0.246%$171K$36K10xas long as short
Lighter BNB+0.0096%1h793.92+0.111%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.45+0.051%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.65+0.077%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h794.02+0.123%$52.0M$19.3M10xas long as short
Pacifica BNB+0.0100%1h794.06+0.128%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h793.60+0.070%$138.7M$75.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.40+0.045%$53.2M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h793.60+0.070%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h793.31+0.034%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h793.35+0.039%$77.3M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h794.91+0.235%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.60+0.196%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.33+0.036%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h793.75+0.090%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.91+0.109%$13K$1.6M50xas long as short
SoDEX BNB-USDshort+0.0100%1h793.80+0.096%$390K$996K10x
HTX BNB-USDT+0.0100%8h793.07+0.003%$8.1M$8.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h794.54+0.189%$77K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h793.04long leg$1.7M$5.8M50x
Aevo BNB-PERP+0.0104%1h793.74+0.088%$381K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h793.65+0.077%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0154%8h793.80+0.096%$113K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.364%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h794.02+0.123%$28K$3K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h794.15+0.140%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0328%1h793.03−0.001%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0385%1h794.37+0.167%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0536%1h793.58+0.068%$68K$38K12xas long as short