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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against HTX+0.151%76s7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.151%, 7d avg +0.076%
Together, before fees+0.045%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.075% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.076%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT787.210.0100pay 0.0100% / 8h3h 22m$8.1M$9.6M75x
ShortApeX Omni BNBUSDT788.400.0100get 0.0013% / 1h22m 09s$159K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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
Price spread: +0.151% → +0.076%
$7.52
Slippage, 4 orders
−$17.74
Fee HTX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$32.22
Costs to cover
0.397%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; ApeX Omni: live order book, 30 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 HTX live order book, 2 min ago1.87 bp10.5 bp −$1112.0 bp −$12047.3 bp −$4,730doesn't fit
Sell ApeX Omni live order book, 30 min ago4.81 bp10.6 bp −$1132.6 bp −$326doesn'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 −0.0192% / S +0.0356%1h787.11−0.013%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.06−0.020%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.42+0.026%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.90+0.087%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.54+0.169%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.15−0.007%$9.5M150xas long as short
Aster BNBUSDT+0.0024%8h787.49+0.035%$6.1M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.271%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h787.39+0.023%$13.4Mas long as short
MEXC BNB_USDT+0.0043%8h788.10+0.113%$79.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.64+0.054%$491.1M$800.2M75xas long as short
Phemex BNBUSDT+0.0051%8h787.62+0.052%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.23+0.002%$589K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.128%$169K$35K10xas long as short
dYdX BNB-USD+0.0096%1h787.16−0.007%$159K$63K10xas long as short
Lighter BNB+0.0096%1h787.28+0.008%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.20−0.002%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.25+0.005%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.73+0.066%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.38+0.021%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00−0.027%$138.4M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90−0.040%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.10−0.014%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.20−0.002%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.82−0.050%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.78−0.055%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.46+0.032%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.50+0.037%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.21+0.127%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h788.40+0.151%$159K$442K50x
Polymarket Perps BNB-USD+0.0100%1h787.12−0.012%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.25+0.004%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.66+0.057%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.30+0.011%$387K$1.0M10xas long as short
HTX BNB-USDTlong+0.0100%8h787.21long leg$8.1M$9.6M75x
Paradex BNB-USD-PERP+0.0100%8h787.41+0.026%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.83−0.048%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.16−0.007%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h788.37+0.147%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.162%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.136%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h787.42+0.026%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.63+0.053%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.75−0.058%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.11+0.114%$68K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.27+0.008%$1.1M$893K20xas long as short