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−0.0055%/8h= −6.0% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against RISEx+0.072%54s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.106%−$11 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.072%, 7d avg +0.044%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.028% dearer against RISEx than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.044%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC797.830.0155pay 0.0019% / 1h48m 05s$1.1M$1.4M20x
ShortApeX Omni BNBUSDT798.410.0100get 0.0013% / 1h48m 05s$161K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
−$11.52
Price spread: +0.072% → +0.044%
$2.81
Slippage, 4 orders
−$19.15
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$43.86
Costs to cover
0.351%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; ApeX Omni: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 1 min ago1.63 bp4.6 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell ApeX Omni live order book, 24 min ago2.06 bp18.0 bp −$1839.1 bp −$391doesn't fitdoesn't fit

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%1h797.69−0.018%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.48−0.044%$2.5M$979K50xas long as short
Bybit BNBUSDT−0.0081%8h797.40−0.054%$138.4M$77.0M75xas long as short
Hotstuff BNB-PERP−0.0080%1h798.13+0.037%$4K$23925xas long as short
BingX BNB-USDC−0.0030%8h797.89+0.007%$13.3Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.136%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.40+0.071%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.86+0.003%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.088%$4.1M$5.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.910%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h798.28+0.056%$69.7M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.021%$601K$987K50xas long as short
Gate BNB_USDT+0.0054%8h797.50−0.042%$35.7M$55.8M75xas long as short
Aster BNBUSDT+0.0069%8h798.18+0.044%$6.2M$19.3M200xas long as short
MEXC BNB_USDT+0.0091%8h798.90+0.134%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0091%8h798.37+0.067%$496.3M$816.9M75xas long as short
Lighter BNB+0.0096%1h797.88+0.006%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.110%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.71−0.016%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.04+0.026%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.80−0.004%$54.1M$111.8M50xas long as short
Arcus BNB-USD+0.0100%1h798.10+0.034%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.78−0.007%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.65−0.023%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.122%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h798.41+0.072%$161K$436K50x
Polymarket Perps BNB-USD+0.0100%1h797.78−0.007%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.79−0.005%$386K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.94+0.013%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.51+0.085%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90+0.008%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h797.53−0.038%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.64+0.102%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.57−0.033%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h797.88+0.006%$383K$108K10xas long as short
Bulk BNB-USD+0.0118%1h798.39+0.070%$648K$11K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h797.90+0.008%$70K$35K12xas long as short
Kalshi KXBNBPERP+0.0154%8h798.40+0.071%$89K$2.9M4.8xas long as short
RISEx BNB/USDClong+0.0155%1h797.83long leg$1.1M$1.4M20x
BloFin BNB-USDT+0.0211%8h798.50+0.084%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h798.27+0.055%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.27+0.055%$1.6M$160K25xas long as short
dYdX BNB-USD+0.0306%1h797.97+0.018%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h797.38−0.056%$6K$3K40xas long as short
Hyperliquid BNB+0.0359%1h798.36+0.066%$53.2M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0387%1h798.52+0.086%$2.7M$5.7M40xas long as short