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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0224%/8h= −24.6% APRnext payment $0.28 per $10,000 · paid last 24h −0.063%
Price spread now: SoDEX against Reya+0.019%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: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP787.250.0324pay 0.0041% / 1h14m 02s$6K$3K40x
ShortSoDEX BNB-USD787.400.0100get 0.0013% / 1h14m 02s$387K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$47.09
Price spread: +0.019% → 0.000%
$1.86
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$59.23
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago0.63 bp5.0 bp −$58.4 bp −$8482.0 bp −$8,196doesn'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 −0.0192% / S +0.0356%1h787.32+0.009%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.18−0.010%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.90+0.082%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.30+0.006%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.35+0.139%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.29+0.004%$9.5M150xas long as short
Aster BNBUSDT+0.0022%8h787.78+0.066%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.266%$19K$789K30xas long as short
BingX BNB-USDC+0.0034%8h787.53+0.035%$13.4Mas long as short
Phemex BNBUSDT+0.0041%8h787.78+0.067%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0041%8h788.20+0.120%$79.9M$12.0M200xas long as short
Binance BNBUSDT+0.0042%8h787.73+0.060%$490.9M$802.1M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.008%$588K$1.9M50xas long as short
dYdX BNB-USD+0.0084%1h787.24−0.001%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.76+0.064%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.36+0.013%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.250.000%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.45+0.025%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.76+0.064%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.70+0.057%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.14−0.014%$138.5M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.007%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.60+0.044%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.20−0.007%$36.0M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.14−0.014%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.92−0.042%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.62+0.047%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.31+0.007%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h788.09+0.106%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81+0.071%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.37+0.015%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.28+0.003%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.12+0.110%$12K$1.5M50xas long as short
SoDEX BNB-USDshort+0.0100%1h787.40+0.019%$387K$1.0M10x
HTX BNB-USDT+0.0100%8h787.24−0.002%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.85+0.076%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.88−0.048%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.21−0.005%$378K$110K10xas long as short
BloFin BNB-USDT+0.0162%8h787.87+0.078%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0176%8h788.38+0.143%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.131%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.14+0.113%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.61+0.045%$1.5M$143K25xas long as short
Reya BNBRUSDPERPlong+0.0324%1h787.25long leg$6K$3K40x
Hibachi BNB/USDT-P+0.0416%1h787.67+0.053%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.82+0.072%$1.1M$893K20xas long as short