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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni+0.024%70s7-day average −0.028% · 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 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.024%, 7d avg −0.028%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.051% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT799.100.0100pay 0.0013% / 1h28m 15s$161K$436K50x
ShortOrderly PERP_BNB_USDC799.290.0100get 0.0100% / 8h7h 28m$386K$458K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against ApeX Omni. 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
$0
Price spread: +0.024% → −0.028%
$5.14
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.86
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 44 min ago; Orderly: 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 ApeX Omni live order book, 44 min ago2.06 bp7.9 bp −$830.4 bp −$304doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h799.19+0.011%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0120%1h799.34+0.030%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h800.19+0.136%$4K$23925xas long as short
BingX BNB-USDC−0.0028%8h799.52+0.053%$13.3Mas long as short
Bybit BNBUSDT−0.0021%8h799.00−0.013%$138.8M$75.6M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.48+0.048%$3.0M$27.5M10xas long as short
StandX BNB-USD0.0000%1h799.24+0.018%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.58+0.060%$69.8M$50.2M50xas long as short
Variational Omni BNB+0.0003%8h798.43−0.084%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.15+0.006%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0025%8h799.100.000%$35.8M$56.4M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.750%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.54−0.070%$614K$1.1M50xas long as short
Aster BNBUSDT+0.0060%8h799.60+0.062%$6.2M$19.2M200xas long as short
MEXC BNB_USDT+0.0082%8h800.00+0.113%$83.2M$13.6M200xas long as short
Binance BNBUSDT+0.0082%8h799.84+0.092%$496.3M$809.7M75xas long as short
Lighter BNB+0.0096%1h799.58+0.060%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.91−0.024%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.15+0.006%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.13+0.129%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.20+0.013%$54.3M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h799.60+0.063%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.22+0.015%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.93−0.021%$78.8M$27.8M75xas long as short
edgeX BNBUSDC+0.0100%4h799.33+0.029%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h799.10long leg$161K$436K50x
Polymarket Perps BNB-USD+0.0100%1h799.07−0.004%$117K$878K10xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h799.29+0.024%$386K$458K50x
Derive BNB-PERP+0.0100%1h799.50+0.050%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.90+0.100%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.50+0.050%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.21+0.014%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.63+0.191%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.98−0.015%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.41+0.038%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.022%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h799.31+0.026%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0155%8h800.00+0.113%$90K$2.8M4.8xas long as short
Hibachi BNB/USDT-P+0.0192%1h798.65−0.057%$69K$38K12xas long as short
BloFin BNB-USDT+0.0203%8h799.12+0.003%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0208%1h798.29−0.101%$28K$1K10xas long as short
dYdX BNB-USD+0.0231%1h799.67+0.072%$161K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h799.84+0.093%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0308%1h800.11+0.126%$53.2M$20.7M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.65−0.057%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0394%1h800.10+0.125%$2.7M$5.7M40xas long as short