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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.067%
Price spread now: OKX against Reya+0.032%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 pays, funding is against you. OKX is 0.032% dearer against Reya than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP789.750.0327pay 0.0041% / 1h3m 21s$6K$3K40x
ShortOKX BNB-USDT-SWAP790.000.0100get 0.0100% / 8h5h 03m$53.4M$111.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$47.62
Price spread: +0.032% → 0.000%
$3.23
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.39
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 6 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 OKX live order book, 6 min ago0.63 bp5.6 bp −$66.8 bp −$6819.5 bp −$1,950doesn't fit
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 −0.0181% / S +0.0347%1h790.06+0.039%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.11+0.046%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.07+0.168%$855K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.02+0.035%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.943%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h790.16+0.053%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h790.10+0.045%$590K$1.9M50xas long as short
Phemex BNBUSDT+0.0058%8h790.73+0.125%$69.3M$50.3M50xas long as short
BingX BNB-USDT+0.0058%8h790.24+0.063%$34.3Mas long as short
MEXC BNB_USDT+0.0070%8h791.10+0.172%$80.4M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0071%8h790.69+0.120%$493.8M$791.6M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h790.26+0.065%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.76+0.002%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.18+0.055%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.25−0.063%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.72+0.123%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.81+0.008%$1.2M$914K20xas long as short
Bybit BNBUSDT+0.0100%8h789.90+0.020%$139.0M$76.1M75xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h790.00+0.032%$53.4M$111.9M50x
Arcus BNB-USD+0.0100%1h789.90+0.020%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.00+0.032%$35.4M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.94+0.025%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.74−0.001%$76.5M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.74+0.126%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.30−0.057%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.24+0.062%$4.1M$74.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.01+0.034%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.06+0.040%$133K$949K10xas long as short
Derive BNB-PERP+0.0100%1h790.40+0.083%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.72+0.124%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.40+0.083%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.17+0.054%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.24+0.063%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.10−0.082%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.10+0.044%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h790.39+0.082%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0138%8h790.45+0.090%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0184%8h790.60+0.108%$104K$2.7M4.8xas long as short
dYdX BNB-USD+0.0190%1h789.65−0.012%$160K$64K10xas long as short
BloFin BNB-USDT+0.0191%8h790.95+0.153%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0280%1h790.31+0.072%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.67+0.117%$1.5M$143K25xas long as short
Reya BNBRUSDPERPlong+0.0327%1h789.75long leg$6K$3K40x
Bulk BNB-USD+0.0338%1h790.78+0.131%$640K$9K10xas long as short
RISEx BNB/USDC+0.0361%1h790.08+0.042%$1.1M$979K20xas long as short
Hibachi BNB/USDT-P+0.0576%1h790.23+0.061%$67K$38K12xas long as short