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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against MEXC−0.120%7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$210.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days−0.073%−$7 · spread now −0.120%, 7d avg −0.197%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.078% dearer against MEXC than usual: you sell high and buy low (spread −0.120% now, against its 7-day average of −0.197%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 26 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT786.300.0048pay 0.0048% / 8h13m 19s$80.9M$12.0M200x
ShortBingX BNB-USDC785.360.0038get 0.0038% / 8h13m 19s$13.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
−$2.1
Price spread: −0.120% → −0.197%
$7.77
Slippage, 4 orders
−$6.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$14.85
Costs to cover
0.205%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; BingX: live order book, 5 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 MEXC live order book, 6 min ago0.64 bp3.3 bp −$36.3 bp −$6321.7 bp −$2,17139.5 bp −$19.7K
Sell BingX live order book, 5 min ago0.19 bp6.4 bp −$610.4 bp −$10424.0 bp −$2,40068.8 bp −$34.4K

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 −0.0168% / S +0.0337%1h784.52−0.227%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.94−0.173%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h785.05−0.159%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.70−0.076%$170K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.34−0.122%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.16−0.145%$9.5M150xas long as short
Aster BNBUSDT+0.0033%8h785.69−0.078%$6.0M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.390%$19K$789K30xas long as short
BingX BNB-USDCshort+0.0038%8h785.36−0.120%$13.4M
MEXC BNB_USDTlong+0.0048%8h786.30long leg$80.9M$12.0M200x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.61−0.088%$488.4M$814.1M75xas long as short
Phemex BNBUSDT+0.0076%8h785.71−0.075%$68.6M$51.0M50xas long as short
Lighter BNB+0.0096%1h785.28−0.130%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.66−0.081%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.90−0.178%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.73−0.072%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h785.45−0.108%$1.2M$938K20xas long as short
Bybit BNBUSDT+0.0100%8h784.83−0.187%$138.1M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.80−0.191%$53.4M$111.8M50xas long as short
Arcus BNB-USD+0.0100%1h785.40−0.114%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h785.15−0.146%$38.3M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.83−0.187%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.78−0.193%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.52−0.099%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.43−0.238%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.04−0.160%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.13−0.149%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.07−0.156%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.20−0.140%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h785.17−0.144%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.82−0.061%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.30−0.127%$386K$963K10xas long as short
HTX BNB-USDT+0.0100%8h785.18−0.142%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.72−0.073%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.76−0.196%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h785.29−0.129%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.03−0.162%$545K$1.9M50xas long as short
dYdX BNB-USD+0.0117%1h784.99−0.167%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.67−0.080%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h785.59−0.091%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0216%8h785.20−0.140%$2.9M$28.2M10xas long as short
Bulk BNB-USD+0.0231%1h784.93−0.174%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.82−0.061%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.93−0.175%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.44−0.110%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h785.00−0.166%$67K$39K12xas long as short