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+0.0129%/8h= +14.2% APRnext payment +$0.16 per $10,000 · paid last 24h +0.003%
Price spread now: Reya against 01 Exchange−0.125%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Reya is 0.125% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.2 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD796.790.0200pay 0.0025% / 1h2m 45s$28K$1K10x
ShortReya BNBRUSDPERP795.800.0329get 0.0041% / 1h2m 45s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$27.19
Price spread: −0.125% → 0.000%
−$12.47
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
$1.73
Costs to cover
0.130%
Break-even
6.6 days
Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 01 Exchange no order-book sample
Sell Reya no order-book sample
01 Exchange and 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 −0.0159% / S +0.0335%1h795.94−0.107%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h795.80−0.124%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h796.50−0.036%$4K$23925xas long as short
Gate BNB_USDT−0.0013%8h795.10−0.212%$35.8M$57.3M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h797.56+0.097%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.24+0.182%$863K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h796.02−0.096%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h796.50−0.036%$4.1M$5.1Mas long as short
Phemex BNBUSDT+0.0013%8h796.31−0.060%$69.5M$50.2M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.042%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0042%8h796.71−0.010%$6.2M$19.6M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h796.73−0.008%$610K$1.1M50xas long as short
BingX BNB-USDC+0.0057%8h795.61−0.148%$13.3Mas long as short
MEXC BNB_USDT+0.0068%8h796.60−0.024%$82.8M$13.7M200xas long as short
Binance BNBUSDT+0.0068%8h796.21−0.073%$495.6M$813.3M75xas long as short
Bybit BNBUSDT+0.0070%8h795.30−0.187%$138.4M$76.5M75xas long as short
Lighter BNB+0.0096%1h796.05−0.092%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h797.27+0.060%$171K$36K10xas long as short
Nado BNB-PERP+0.0100%1h796.20−0.074%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h795.92−0.109%$1.2M$930K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h795.10−0.212%$54.0M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h795.80−0.124%$52K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h796.06−0.092%$27.8M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h794.99−0.226%$77.8M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h797.71+0.115%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.08+0.162%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h796.05−0.093%$111K$887K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h796.10−0.087%$385K$468K50xas long as short
Derive BNB-PERP+0.0100%1h796.26−0.067%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h797.83+0.131%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h796.20−0.074%$392K$995K10xas long as short
HTX BNB-USDT+0.0100%8h795.90−0.111%$8.2M$8.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h796.08−0.090%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h794.92−0.235%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h796.09−0.088%$382K$110K10xas long as short
Bulk BNB-USD+0.0133%1h798.69+0.238%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h795.55−0.155%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0164%8h797.30+0.064%$104K$2.8M4.8xas long as short
dYdX BNB-USD+0.0185%1h796.05−0.092%$161K$63K10xas long as short
BloFin BNB-USDT+0.0188%8h796.80+0.001%$18.1M$2.5M75xas long as short
01 Exchange BNBUSDlong+0.0200%1h796.79long leg$28K$1K10x
Deribit BNB_USDC-PERPETUAL+0.0200%1h796.54−0.032%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0279%1h796.67−0.015%$52.9M$20.1M10xas long as short
Reya BNBRUSDPERPshort+0.0329%1h795.80−0.125%$6K$3K40x
Hibachi BNB/USDT-P+0.0400%1h797.86+0.134%$68K$38K12xas long as short
Backpack BNB_USDC_PERP+0.0425%1h796.73−0.008%$2.7M$5.7M40xas long as short