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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: SoDEX against KuCoin−0.010%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.010%, 7d avg +0.032%
Together, before fees+0.015%+$1 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: SoDEX is 0.043% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM793.080.0100pay 0.0100% / 8h6h 35m$27.6M$10.1M75x
ShortSoDEX BNB-USD793.000.0100get 0.0013% / 1h35m 06s$390K$995K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.010% → +0.032%
−$4.26
Slippage, 4 orders
−$13.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$37.33
Costs to cover
0.331%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; SoDEX: live order book, 49 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, 9 min ago0.69 bp12.8 bp −$1324.3 bp −$24354.1 bp −$5,406doesn't fit
Sell SoDEX live order book, 49 min ago0.63 bp4.9 bp −$58.6 bp −$8681.8 bp −$8,184doesn'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 −0.0167% / S +0.0335%1h792.63−0.056%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h792.98−0.013%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.06−0.003%$4K$23925xas long as short
StandX BNB-USD0.0000%1h793.44+0.045%$857K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h792.74−0.043%$9.7M150xas long as short
Gate BNB_USDT+0.0012%8h793.10+0.003%$35.3M$55.7M75xas long as short
Variational Omni BNB+0.0021%8h792.33−0.095%$4.0M$4.9Mas long as short
GRVT BNB_USDT_Perp+0.0030%8h792.17−0.115%$2.9M$28.5M10xas long as short
Aster BNBUSDT+0.0032%8h793.59+0.065%$6.1M$19.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.514%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDT+0.0048%8h793.31+0.029%$35.0Mas long as short
dYdX BNB-USD+0.0053%1h792.47−0.077%$160K$63K10xas long as short
Phemex BNBUSDT+0.0055%8h793.21+0.016%$69.4M$50.5M50xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.17−0.241%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0061%8h793.60+0.066%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0062%8h794.03+0.120%$494.0M$814.7M75xas long as short
Phoenix BNB+0.0088%1h792.22−0.108%$170K$36K10xas long as short
Lighter BNB+0.0096%1h793.01−0.009%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h792.80−0.035%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h792.56−0.066%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h793.73+0.082%$52.1M$19.8M10xas long as short
Pacifica BNB+0.0100%1h792.93−0.019%$1.2M$926K20xas long as short
Bybit BNBUSDT+0.0100%8h793.20+0.015%$138.3M$77.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.10+0.003%$53.1M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h792.90−0.023%$52K$134K10xas long as short
KuCoin BNBUSDTMlong+0.0100%8h793.08long leg$27.6M$10.1M75x
Bitget BNBUSDT+0.0100%8h793.14+0.008%$77.2M$28.3M75xas long as short
edgeX BNBUSDC+0.0100%4h791.74−0.169%$4.1M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h792.25−0.105%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h792.54−0.068%$111K$889K10xas long as short
Derive BNB-PERP+0.0100%1h793.00−0.010%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.47+0.049%$13K$1.6M50xas long as short
SoDEX BNB-USDshort+0.0100%1h793.00−0.010%$390K$995K10x
HTX BNB-USDT+0.0100%8h792.65−0.055%$8.1M$8.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h792.99−0.011%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h792.46−0.079%$1.7M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h792.88−0.026%$381K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h792.78−0.037%$1.1M$1.3M20xas long as short
Kalshi KXBNBPERP+0.0162%8h793.20+0.015%$111K$2.8M4.8xas long as short
Bulk BNB-USD+0.0175%1h792.60−0.061%$642K$16K10xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.124%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0248%1h793.35+0.034%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h792.31−0.097%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0398%1h793.91+0.105%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h793.37+0.036%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0520%1h792.33−0.094%$68K$38K12xas long as short