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 −0.017%
Price spread now: BingX against Orderly+0.018%7-day average −0.008% · 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 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.018%, 7d avg −0.008%
Together, before fees+0.031%+$3 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: BingX is 0.026% dearer against Orderly than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC787.340.0100pay 0.0100% / 8h5h 54m$264K$297K50x
ShortBingX BNB-USDT787.480.0100get 0.0100% / 8h5h 54m$50.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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: +0.018% → −0.008%
$2.62
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$13.38
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 2 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 Orderly no order-book sample
Sell BingX live order book, 2 min ago0.13 bp5.1 bp −$55.4 bp −$549.9 bp −$98627.3 bp −$13.7K
Orderly: 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 45 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%1h787.23−0.014%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.20−0.018%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.09+0.095%$4K25xas long as short
Aster BNBUSDT0.0000%8h787.93+0.075%$5.9M$17.1M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.88+0.069%$2.9M$26.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.70+0.046%$139K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.25+0.116%$850K$2.9M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h787.62+0.035%$1.5M$157K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.45+0.014%$9.5M150xas long as short
Binance BNBUSDT+0.0016%8h787.73+0.050%$481.4M$766.5M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0016%8h789.00+0.211%$83.4M$11.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.254%$19K$789K30xas long as short
Bybit BNBUSDT+0.0048%8h787.10−0.030%$138.5M$67.2M75xas long as short
BloFin BNB-USDT+0.0065%8h788.01+0.085%$18.4M$2.2M75xas long as short
Phemex BNBUSDT+0.0089%8h787.98+0.081%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.95+0.077%$158K$45K10xas long as short
Lighter BNB+0.0096%1h787.47+0.016%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h787.09−0.031%$1.4M$2.4M20xas long as short
Hyperliquid BNB+0.0100%1h787.92+0.074%$51.8M$16.9M10xas long as short
Pacifica BNB+0.0100%1h787.62+0.035%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.00−0.043%$53.3M$102.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.50+0.020%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h787.25−0.011%$41.1M$53.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.11−0.029%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h786.92−0.053%$75.6M$30.7M75xas long as short
BingX BNB-USDTshort+0.0100%8h787.48+0.018%$50.2M
Backpack BNB_USDC_PERP+0.0100%1h787.75+0.052%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h786.85−0.062%$4.3M$4.5Mas long as short
edgeX BNBUSDC+0.0100%4h787.81+0.060%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.98+0.081%$159K$444K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.35+0.001%$130K$905K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h787.34long leg$264K$297K50x
SunX BNB-USDT+0.0100%8h787.90+0.072%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h787.50+0.020%$387K$926K10xas long as short
HTX BNB-USDT+0.0100%8h787.60+0.033%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.90+0.071%$78K$356K50xas long as short
Extended BNB-USD+0.0104%1h786.84−0.063%$1.8M$5.6M50xas long as short
Aevo BNB-PERP+0.0104%1h787.21−0.017%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h788.03+0.088%$545K$1.9M50xas long as short
01 Exchange BNBUSD+0.0240%1h787.87+0.067%$28K$3K10xas long as short
Bulk BNB-USD+0.0282%1h788.09+0.096%$639K$010xas long as short
Reya BNBRUSDPERP+0.0317%1h786.86−0.061%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0320%1h787.54+0.025%$67K$37K12xas long as short
RISEx BNB/USDC+0.0393%1h787.81+0.060%$1.1M$901K20xas long as short
dYdX BNB-USD+0.1022%1h787.47+0.017%$158K$34K10xas long as short