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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.0% APRpaid last 24h +0.068%
Price spread now: BloFin against StandX+0.009%104s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.376%+$38 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.009%, 7d avg +0.028%
Together, before fees+0.334%+ Points / potential airdropStandX: Active · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD785.750get 0.0000% / 1h35m 28s$847K$2.7M30x
ShortBloFin BNB-USDT785.820.0174get 0.0174% / 8h35m 28s$17.7M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against StandX. 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
$36.48
Price spread: +0.009% → +0.028%
−$1.92
Slippage, 4 orders
−$13.27
Fee StandX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.29
Costs to cover
0.333%
Break-even
6.8 days
Slippage from StandX: live order book, 3 min ago; BloFin: live order book, 3 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 StandX live order book, 3 min ago3.69 bp8.1 bp −$811.5 bp −$115doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.06 bp7.1 bp −$77.9 bp −$7910.9 bp −$1,089doesn'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 −0.0168% / S +0.0337%1h785.07−0.087%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.18−0.073%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.92−0.106%$2.5M$1.2M50xas long as short
StandX BNB-USDlong0.0000%1h785.75long leg$847K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.05−0.089%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.461%$19K$789K30xas long as short
Aster BNBUSDT+0.0041%8h785.34−0.052%$6.0M$18.9M200xas long as short
BingX BNB-USDT+0.0044%8h785.00−0.095%$22.3Mas long as short
MEXC BNB_USDT+0.0052%8h786.00+0.032%$80.8M$11.9M200xas long as short
Binance BNBUSDT+0.0053%8h785.30−0.057%$488.0M$822.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0068%1h784.94−0.103%$159K$62K10xas long as short
Phemex BNBUSDT+0.0082%8h785.62−0.017%$68.6M$51.5M50xas long as short
Lighter BNB+0.0096%1h784.96−0.100%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.10+0.045%$167K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.70−0.134%$1.3M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.49−0.033%$51.4M$17.7M10xas long as short
Pacifica BNB+0.0100%1h785.12−0.080%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h784.70−0.134%$138.1M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.70−0.134%$53.4M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h785.10−0.083%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h784.85−0.115%$38.3M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.54−0.154%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.47−0.163%$76.0M$31.9M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.40−0.045%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.70−0.134%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.78+0.004%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.94+0.024%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.70−0.134%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.11−0.081%$264K$422K50xas long as short
Derive BNB-PERP+0.0100%1h785.15−0.077%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.66−0.011%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.20−0.070%$386K$972K10xas long as short
HTX BNB-USDT+0.0100%8h785.06−0.088%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.33−0.053%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h784.43−0.168%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h785.07−0.087%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.57−0.023%$554K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0110%8h785.70−0.006%$170K$2.7M4.8xas long as short
BloFin BNB-USDTshort+0.0174%8h785.82+0.009%$17.7M$2.2M75x
Deribit BNB_USDC-PERPETUAL+0.0200%1h785.44−0.039%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0201%1h786.50+0.095%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0224%8h786.60+0.109%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0256%1h785.32−0.055%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h784.53−0.155%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.09−0.084%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0464%1h785.45−0.038%$67K$39K12xas long as short