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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: ApeX Omni against Hotstuff+0.052%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 airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.052% dearer against Hotstuff 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
LongHotstuff BNB-PERP784.58−0.0080get 0.0010% / 1h27m 48s$4K25x
ShortApeX Omni BNBUSDT784.990.0100get 0.0013% / 1h27m 48s$158K$439K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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
$37.8
Price spread: +0.052% → 0.000%
$5.23
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$28.03
Costs to cover
0.150%
Break-even
1.8 days
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: 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 Hotstuff no order-book sample
Sell ApeX Omni live order book, 5 min ago5.29 bp10.9 bp −$1134.9 bp −$349doesn't fitdoesn't fit
Hotstuff: 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 −0.0166% / S +0.0337%1h783.90−0.086%$43K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h784.58long leg$4K25x
Kraken Futures PF_BNBUSD−0.0021%1h784.62+0.005%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h784.92+0.043%$3.0M$27.3M10xas long as short
StandX BNB-USD0.0000%1h784.70+0.015%$846K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.88−0.090%$9.4M150xas long as short
Aster BNBUSDT+0.0019%8h785.08+0.064%$5.9M$18.3M200xas long as short
BingX BNB-USDT+0.0029%8h784.72+0.018%$22.1Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.614%$19K$789K30xas long as short
MEXC BNB_USDT+0.0036%8h786.20+0.206%$82.3M$12.2M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0036%8h785.02+0.056%$487.5M$808.3M75xas long as short
Lighter BNB+0.0096%1h784.51−0.009%$2.7M$3.7M20xas long as short
Nado BNB-PERP+0.0100%1h783.90−0.087%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.14+0.071%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.30−0.035%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.30−0.036%$138.2M$73.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.20−0.048%$53.3M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h784.00−0.074%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.004%$39.4M$55.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.23−0.045%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.06−0.066%$75.2M$32.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.95+0.047%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.02−0.071%$4.2M$5.0Mas long as short
edgeX BNBUSDC+0.0100%4h784.76+0.024%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h784.99+0.052%$158K$439K50x
Polymarket Perps BNB-USD+0.0100%1h783.97−0.078%$131K$924K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.45−0.017%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.27−0.040%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.38−0.025%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.50−0.010%$386K$941K10xas long as short
HTX BNB-USDT+0.0100%8h784.56−0.003%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.68+0.012%$78K$37K50xas long as short
Extended BNB-USD+0.0104%1h784.13−0.057%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.43−0.019%$377K$110K10xas long as short
Kalshi KXBNBPERP+0.0108%8h784.80+0.028%$159K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h785.76+0.150%$547K$1.9M50xas long as short
Phoenix BNB+0.0120%1h784.43−0.019%$158K$38K10xas long as short
BloFin BNB-USDT+0.0146%8h784.85+0.034%$17.8M$2.2M75xas long as short
dYdX BNB-USD+0.0159%1h784.13−0.058%$157K$65K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.80+0.028%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0200%1h784.80+0.028%$636K$63010xas long as short
Phemex BNBUSDT+0.0229%8h784.89+0.040%$68.3M$51.0M50xas long as short
01 Exchange BNBUSD+0.0232%1h784.20−0.048%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h783.66−0.118%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h784.10−0.061%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h784.31−0.034%$67K$39K12xas long as short