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−0.0084%/8h= −9.2% APRnext payment $0.11 per $10,000 · paid last 24h −0.009%
Price spread now: 01 Exchange against Reya+0.133%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. 01 Exchange is 0.133% dearer against Reya than usual: you sell high and buy low (spread +0.133% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP786.390.0324pay 0.0041% / 1h7m 29s$6K$3K40x
Short01 Exchange BNBUSD787.440.0240get 0.0030% / 1h7m 29s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$17.66
Price spread: +0.133% → 0.000%
$13.31
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$17.35
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Reya and 01 Exchange: 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%1h786.44+0.006%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0125%1h786.14−0.032%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h786.81+0.053%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h786.60+0.026%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h786.49+0.012%$848K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.52+0.016%$9.5M150xas long as short
Aster BNBUSDT+0.0021%8h787.16+0.097%$6.1M$19.1M200xas long as short
BingX BNB-USDC+0.0033%8h786.27−0.016%$13.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.377%$19K$789K30xas long as short
MEXC BNB_USDT+0.0041%8h787.50+0.141%$79.8M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0041%8h787.29+0.114%$490.1M$804.1M75xas long as short
Phemex BNBUSDT+0.0041%8h786.59+0.025%$68.8M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h788.00+0.204%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0077%1h786.56+0.021%$159K$61K10xas long as short
Phoenix BNB+0.0092%1h786.26−0.017%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.56+0.021%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.21−0.023%$264K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.30−0.012%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.11+0.091%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h786.71+0.040%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.60+0.026%$138.2M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60+0.026%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.90+0.064%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.45+0.007%$36.1M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.56+0.021%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.33−0.008%$76.1M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.79+0.050%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.00+0.078%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h786.48+0.011%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.20−0.025%$158K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.55+0.020%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h786.26−0.017%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.38−0.002%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.30−0.012%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h785.92−0.060%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.89+0.063%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.24−0.019%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h786.21−0.023%$378K$110K10xas long as short
BloFin BNB-USDT+0.0161%8h786.390.000%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0179%8h786.55+0.020%$2.9M$28.8M10xas long as short
Bulk BNB-USD+0.0201%1h787.88+0.189%$639K$10K10xas long as short
01 Exchange BNBUSDshort+0.0240%1h787.44+0.133%$28K$4K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.61+0.027%$1.5M$143K25xas long as short
Reya BNBRUSDPERPlong+0.0324%1h786.39long leg$6K$3K40x
RISEx BNB/USDC+0.0431%1h787.00+0.077%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h786.01−0.048%$67K$39K12xas long as short