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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin+0.085%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.085%, 7d avg +0.002%
Together, before fees−0.180%−$18 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: HTX is 0.083% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM786.940.0100pay 0.0100% / 8h4h 54m$28.1M$9.6M75x
ShortHTX BNB-USDT787.610.0100get 0.0100% / 8h4h 54m$8.0M$9.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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: +0.085% → +0.002%
$8.32
Slippage, 4 orders
−$14.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.51
Costs to cover
0.388%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 3 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 KuCoin live order book, 3 min ago0.51 bp9.5 bp −$918.4 bp −$18451.9 bp −$5,187doesn't fit
Sell HTX live order book, 3 min ago0.58 bp6.6 bp −$79.1 bp −$9141.9 bp −$4,185doesn't fit

BNB on 46 exchanges

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 +0.0336%1h787.09+0.019%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0138%1h787.04+0.012%$2.7M$1.4M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.54+0.076%$4K25xas long as short
Bybit BNBUSDT−0.0050%8h786.67−0.034%$139.0M$66.1M75xas long as short
BingX BNB-USDC−0.0047%8h787.17+0.029%$13.4Mas long as short
Aster BNBUSDT0.0000%8h787.67+0.093%$6.0M$16.8M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.69+0.095%$2.9M$26.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.50+0.071%$153K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.20+0.160%$850K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.10+0.021%$9.5M150xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0009%8h788.80+0.236%$83.6M$11.5M200xas long as short
Binance BNBUSDT+0.0010%8h787.71+0.098%$480.9M$756.1M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.306%$19K$789K30xas long as short
BloFin BNB-USDT+0.0039%8h787.70+0.097%$18.5M$2.3M75xas long as short
Phemex BNBUSDT+0.0073%8h787.72+0.099%$68.4M$50.2M50xas long as short
Variational Omni BNB+0.0094%8h786.64−0.038%$4.3M$4.3Mas long as short
Lighter BNB+0.0096%1h787.23+0.037%$2.7M$2.9M20xas long as short
Nado BNB-PERP+0.0100%1h786.75−0.024%$1.3M$2.3M20xas long as short
Hyperliquid BNB+0.0100%1h787.75+0.103%$51.9M$16.3M10xas long as short
Pacifica BNB+0.0100%1h787.32+0.049%$1.2M$928K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90−0.005%$53.5M$100.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.40+0.058%$57K$124K10xas long as short
Gate BNB_USDT+0.0100%8h787.10+0.020%$42.1M$51.6M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h786.94long leg$28.1M$9.6M75x
Bitget BNBUSDT+0.0100%8h786.62−0.041%$75.6M$30.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.58+0.081%$2.2M$6.0M40xas long as short
edgeX BNBUSDC+0.0100%4h787.49+0.070%$4.1M$71.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.34+0.051%$158K$459K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.940.000%$126K$909K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.10+0.020%$264K$297K50xas long as short
Derive BNB-PERP+0.0100%1h787.29+0.044%$31K$10K10xas long as short
SunX BNB-USDT+0.0100%8h787.70+0.097%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h787.30+0.046%$387K$924K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.44+0.064%$1.5M$126K25xas long as short
HTX BNB-USDTshort+0.0100%8h787.61+0.085%$8.0M$9.9M75x
Paradex BNB-USD-PERP+0.0100%8h787.53+0.075%$78K$1.3M50xas long as short
Extended BNB-USD+0.0104%1h786.62−0.040%$1.8M$5.5M50xas long as short
Aevo BNB-PERP+0.0104%1h786.99+0.007%$378K$110K10xas long as short
Phoenix BNB+0.0120%1h787.52+0.074%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h788.18+0.158%$538K$1.9M50xas long as short
01 Exchange BNBUSD+0.0264%1h787.76+0.104%$28K$3K10xas long as short
Bulk BNB-USD+0.0274%1h787.88+0.119%$638K$10K10xas long as short
Hibachi BNB/USDT-P+0.0280%1h787.28+0.043%$67K$37K12xas long as short
Reya BNBRUSDPERP+0.0316%1h786.58−0.046%$6K$3K40xas long as short
RISEx BNB/USDC+0.0391%1h787.42+0.062%$1.1M$916K20xas long as short
dYdX BNB-USD+0.0399%1h786.79−0.019%$158K$34K10xas long as short