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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0451%/8h= −49.4% APRnext payment $0.56 per $10,000 · paid last 24h −0.051%
Price spread now: Kraken Futures against Reya+0.013%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP797.380.0331pay 0.0041% / 1h47m 44s$6K$3K40x
ShortKraken Futures PF_BNBUSD797.48−0.0121pay 0.0015% / 1h47m 44s$2.5M$979K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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
−$94.77
Price spread: +0.013% → 0.000%
$1.27
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$109.5
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 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 Reya no order-book sample
Sell Kraken Futures live order book, 1 min ago3.57 bp12.2 bp −$1214.5 bp −$14529.1 bp −$2,912102.8 bp −$51.4K
Reya: 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 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 −0.0201% / S +0.0372%1h797.69+0.039%$47K200xas long as short
Kraken Futures PF_BNBUSDshort−0.0121%1h797.48+0.013%$2.5M$979K50x
Bybit BNBUSDT−0.0081%8h797.63+0.031%$138.5M$77.0M75xas long as short
Hotstuff BNB-PERP−0.0080%1h798.13+0.094%$4K$23925xas long as short
BingX BNB-USDT−0.0030%8h797.99+0.076%$35.2Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.193%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.40+0.128%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.86+0.059%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.032%$4.1M$5.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.967%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h798.28+0.113%$69.7M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.078%$601K$987K50xas long as short
Gate BNB_USDT+0.0054%8h797.85+0.059%$35.7M$55.8M75xas long as short
Aster BNBUSDT+0.0069%8h798.18+0.100%$6.2M$19.3M200xas long as short
MEXC BNB_USDT+0.0091%8h798.90+0.190%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0091%8h798.65+0.159%$496.4M$817.0M75xas long as short
Lighter BNB+0.0096%1h798.32+0.118%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.167%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.71+0.041%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.04+0.083%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.80+0.052%$54.1M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.10+0.090%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.91+0.066%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.72+0.042%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.178%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.41+0.129%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.78+0.050%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.79+0.051%$386K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.94+0.069%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.51+0.142%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90+0.065%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h797.53+0.018%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.64+0.158%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.57+0.023%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h797.88+0.062%$383K$108K10xas long as short
Bulk BNB-USD+0.0118%1h798.39+0.127%$648K$11K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h797.90+0.065%$70K$35K12xas long as short
Kalshi KXBNBPERP+0.0154%8h798.40+0.128%$89K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.83+0.057%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0211%8h798.50+0.140%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h798.27+0.111%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.27+0.112%$1.6M$160K25xas long as short
dYdX BNB-USD+0.0306%1h797.97+0.074%$161K$63K10xas long as short
Reya BNBRUSDPERPlong+0.0331%1h797.38long leg$6K$3K40x
Hyperliquid BNB+0.0361%1h798.80+0.178%$53.2M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0387%1h798.52+0.143%$2.7M$5.7M40xas long as short