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−0.0081%/8h= −8.9% APRnext payment $0.10 per $10,000 · paid last 24h −0.010%
Price spread now: Bulk against 01 Exchange+0.023%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 feesneeds both histories
The price spread pays, funding is against you. Bulk is 0.023% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD799.500.0208pay 0.0026% / 1h33m 49s$28K$1K10x
ShortBulk BNB-USD799.690.0127get 0.0016% / 1h33m 49s$649K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. 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
−$17.08
Price spread: +0.023% → 0.000%
$2.34
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$28.74
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 40 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 01 Exchange no order-book sample
Sell Bulk live order book, 40 min ago0.06 bp3.6 bp −$43.8 bp −$386.6 bp −$66016.5 bp −$8,258
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 −0.0159% / S +0.0335%1h798.84−0.083%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.94−0.070%$2.5M$966K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.27−0.029%$4K$23925xas long as short
BingX BNB-USDC−0.0057%8h798.91−0.074%$13.4Mas long as short
Bybit BNBUSDT−0.0026%8h798.65−0.106%$138.6M$75.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.67+0.021%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h799.18−0.040%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.48−0.003%$69.8M$50.5M50xas long as short
Variational Omni BNB+0.0004%8h798.73−0.097%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.86−0.081%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.699%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.096%$602K$972K50xas long as short
Aster BNBUSDT+0.0062%8h799.20−0.037%$6.2M$19.1M200xas long as short
MEXC BNB_USDT+0.0084%8h799.90+0.050%$83.2M$13.5M200xas long as short
Binance BNBUSDT+0.0085%8h799.28−0.028%$496.2M$806.5M75xas long as short
Gate BNB_USDT+0.0087%8h798.50−0.125%$35.7M$56.2M75xas long as short
Lighter BNB+0.0096%1h799.03−0.058%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.23−0.034%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.60−0.113%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.09−0.051%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.90−0.075%$54.1M$110.3M50xas long as short
Arcus BNB-USD+0.0100%1h799.10−0.050%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.50−0.125%$28.0M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.50−0.125%$78.8M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.78+0.035%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32−0.023%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.77−0.091%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.87−0.079%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h799.07−0.054%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.34−0.020%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.10−0.050%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.76−0.093%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.45−0.006%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.24−0.158%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.96−0.068%$384K$108K10xas long as short
Bulk BNB-USDshort+0.0127%1h799.69+0.023%$649K$10K10x
Hibachi BNB/USDT-P+0.0152%1h799.31−0.023%$69K$37K12xas long as short
Kalshi KXBNBPERP+0.0153%8h799.40−0.013%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.99−0.064%$1.1M$1.4M20xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.40−0.013%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0206%8h799.45−0.006%$18.1M$2.5M75xas long as short
01 Exchange BNBUSDlong+0.0208%1h799.50long leg$28K$1K10x
dYdX BNB-USD+0.0248%1h798.87−0.079%$161K$63K10xas long as short
Hyperliquid BNB+0.0311%1h799.62+0.015%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.41−0.136%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0396%1h799.74+0.030%$2.7M$5.6M40xas long as short