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+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.041%
Price spread now: StandX against GMX+0.098%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and StandX is 0.098% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]803.14L −0.0201% / S +0.0372%get 0.0025% / 1h43m 44s$48K200x
ShortStandX BNB-USD803.920get 0.0000% / 1h43m 44s$869K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against GMX. 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
$42.28
Price spread: +0.098% → 0.000%
$9.77
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
$32.05
Costs to cover
0.200%
Break-even
1.7 days
Slippage unknown: GMX: no order-book sample; StandX: live order book, 5 min ago. 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 GMX no order-book sample
Sell StandX live order book, 5 min ago5.35 bp10.5 bp −$1013.9 bp −$13955.4 bp −$5,540doesn't fit
GMX: 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]longL −0.0201% / S +0.0372%1h803.14long leg$48K200x
Hotstuff BNB-PERP−0.0080%1h802.95−0.023%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.99−0.019%$2.6M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.05−0.011%$3.0M$28.0M10xas long as short
StandX BNB-USDshort0.0000%1h803.92+0.098%$869K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.16+0.003%$9.8M150xas long as short
Variational Omni BNB+0.0027%8h802.45−0.085%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h802.63−0.063%$34.7Mas long as short
Bybit BNBUSDT+0.0060%8h802.30−0.104%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.301%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.01−0.015%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.79−0.043%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.98−0.019%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.30−0.104%$54.7M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h802.90−0.029%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.75−0.048%$36.0M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.50−0.079%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.28−0.106%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.19+0.006%$4.2M$77.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.25+0.014%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.96−0.022%$119K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.19+0.007%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h803.39+0.032%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.24+0.013%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.78−0.044%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.22+0.011%$78K$19K50xas long as short
SoDEX BNB-USD+0.0102%1h803.30+0.021%$395K$1.0M10xas long as short
Aster BNBUSDT+0.0103%8h803.44+0.038%$6.4M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h802.06−0.134%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h803.22+0.011%$386K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h803.69+0.069%$70.2M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0114%8h803.40+0.033%$110K$2.9M4.8xas long as short
Binance BNBUSDT+0.0125%8h803.33+0.025%$502.4M$817.2M75xas long as short
MEXC BNB_USDT+0.0125%8h803.50+0.045%$83.6M$13.5M200xas long as short
Phoenix BNB+0.0127%1h803.09−0.006%$173K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h803.63+0.061%$1.6M$165K25xas long as short
Hyperliquid BNB+0.0231%1h803.55+0.052%$52.1M$21.4M10xas long as short
Hibachi BNB/USDT-P+0.0232%1h803.31+0.022%$71K$43K12xas long as short
BloFin BNB-USDT+0.0245%8h803.67+0.067%$18.2M$2.6M75xas long as short
RISEx BNB/USDC+0.0258%1h802.88−0.032%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.243%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.055%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.71−0.052%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0366%1h804.03+0.111%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0368%1h803.37+0.029%$28K$1K10xas long as short
dYdX BNB-USD+0.0448%1h802.89−0.031%$162K$62K10xas long as short