Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%

Price spread now: ApeX Omni against Aster−0.070%109s7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.291% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 3 days (all we have)+0.167%+$17 · spread now −0.070%, 7d avg −0.014%

Together, before fees+0.253%+ Points / potential airdropAster: Stage 5 · farm board+$25 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: ApeX Omni is 0.055% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	802.07	0.0100	pay 0.0100% / 8h	1h 19m	$6.3M	$19.0M	200x
Short	ApeX Omni BNBUSDT	801.51	0.0100	get 0.0013% / 1h	19m 44s	$161K	$442K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee ApeX OmnibpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.014%: −$5.53
Slippage, 4 orders: −$11.11
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$34.64
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; ApeX Omni: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 4 min ago	0.37 bp	4.7 bp −$5	5.3 bp −$53	17.3 bp −$1,727	doesn't fit
Sell ApeX Omni live order book, 63 min ago	3.47 bp	8.5 bp −$8	28.9 bp −$289	doesn't fit	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0201% / S +0.0372%	1h	801.80	−0.034%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.44	+0.046%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	801.96	−0.013%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.90	+0.103%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.86	+0.098%	$868K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.84	−0.029%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0038%	8h	801.85	−0.027%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0062%	8h	801.63	−0.055%	—	$35.0M	—	as long as short
Bybit BNBUSDT	+0.0074%	8h	800.80	−0.158%	$139.4M	$82.3M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.49	−0.072%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.112%	$610K	$1.0M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.75	−0.040%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.50	−0.071%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.00	−0.133%	$54.7M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.70	−0.046%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.40	−0.084%	$35.8M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.39	−0.085%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.98	−0.136%	$81.0M	$26.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.76	−0.039%	$4.2M	$77.5M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	801.51	−0.070%	$161K	$442K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	801.76	−0.039%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.51	−0.070%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.78	−0.037%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.65	+0.073%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.86	−0.026%	$8.2M	$7.9M	75x	as long as short
Aster BNBUSDTlong	+0.0100%	8h	802.07	long leg	$6.3M	$19.0M	200x
Paradex BNB-USD-PERP	+0.0100%	8h	801.93	−0.018%	$78K	$19K	50x	as long as short
SoDEX BNB-USD	+0.0103%	1h	801.70	−0.046%	$394K	$1.0M	10x	as long as short
Extended BNB-USD	+0.0104%	1h	801.09	−0.122%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.66	−0.051%	$385K	$40K	10x	as long as short
Binance BNBUSDT	+0.0118%	8h	801.83	−0.030%	$503.9M	$821.4M	75x	as long as short
MEXC BNB_USDT	+0.0119%	8h	802.20	+0.016%	$83.4M	$13.8M	200x	as long as short
Phemex BNBUSDT	+0.0121%	8h	802.14	+0.009%	$70.1M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	802.83	+0.095%	$173K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	802.63	+0.070%	$71K	$48K	12x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.58	−0.061%	$2.6M	$977K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	803.07	+0.125%	$18.3M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0276%	1h	801.29	−0.097%	$162K	$62K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.11	+0.005%	$1.6M	$165K	25x	as long as short
Hyperliquid BNB	+0.0308%	1h	802.41	+0.042%	$51.9M	$21.9M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.377%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.078%	$652K	$21K	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	802.18	+0.014%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0328%	1h	802.70	+0.079%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.46	−0.076%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0609%	1h	802.37	+0.037%	$2.7M	$5.7M	40x	as long as short