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+0.0047%/8h= +5.2% APRnext payment +$0.47 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Aster−0.105%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.013%−$1 · spread now −0.105%, 7d avg −0.131%
Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.026% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT800.140.0053pay 0.0053% / 8h7h 14m$6.2M$19.4M200x
ShortBitget BNBUSDT799.300.0100get 0.0100% / 8h7h 14m$78.3M$28.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$9.92
Price spread: −0.105% → −0.131%
$2.56
Slippage, 4 orders
−$4.47
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$11.98
Costs to cover
0.245%
Break-even
15.4 days
Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 5 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 Aster live order book, 5 min ago0.50 bp4.7 bp −$55.2 bp −$5216.0 bp −$1,596doesn't fit
Sell Bitget live order book, 5 min ago0.06 bp7.4 bp −$79.0 bp −$9020.2 bp −$2,019doesn'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 −0.0159% / S +0.0335%1h799.62−0.065%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0120%1h799.65−0.061%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.75−0.049%$4K$23925xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.67−0.184%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.64−0.062%$864K$2.9M30xas long as short
Gate BNB_USDT+0.0004%8h799.45−0.086%$35.9M$56.9M75xas long as short
Variational Omni BNB+0.0005%8h798.43−0.214%$4.1M$5.0Mas long as short
BingX BNB-USDT+0.0007%8h799.68−0.057%$35.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.66−0.059%$9.7M150xas long as short
Phemex BNBUSDT+0.0019%8h800.32+0.023%$69.9M$50.3M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.619%$19K$789K30xas long as short
Bybit BNBUSDT+0.0044%8h799.50−0.080%$138.8M$76.2M75xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07−0.134%$615K$1.1M50xas long as short
Aster BNBUSDTlong+0.0053%8h800.14long leg$6.2M$19.4M200x
MEXC BNB_USDT+0.0074%8h800.70+0.070%$83.3M$13.7M200xas long as short
Binance BNBUSDT+0.0074%8h800.24+0.013%$496.9M$810.9M75xas long as short
Lighter BNB+0.0096%1h799.92−0.027%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.98−0.145%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.20−0.117%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.58−0.070%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.70−0.055%$54.3M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h799.60−0.067%$53K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.35−0.099%$27.9M$10.0M75xas long as short
Bitget BNBUSDTshort+0.0100%8h799.30−0.105%$78.3M$28.1M75x
edgeX BNBUSDC+0.0100%4h798.56−0.197%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.57−0.196%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.33−0.101%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.65−0.061%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.79−0.043%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.98−0.020%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.80−0.042%$393K$996K10xas long as short
HTX BNB-USDT+0.0100%8h798.79−0.169%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.99−0.019%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h799.32−0.102%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h799.68−0.057%$384K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.292%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h799.56−0.072%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0161%8h800.00−0.017%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h799.65−0.061%$18.1M$2.6M75xas long as short
dYdX BNB-USD+0.0195%1h799.16−0.122%$161K$63K10xas long as short
01 Exchange BNBUSD+0.0200%1h800.08−0.007%$28K$1K10xas long as short
Hyperliquid BNB+0.0293%1h800.30+0.020%$53.2M$20.3M10xas long as short
Hibachi BNB/USDT-P+0.0296%1h799.40−0.092%$68K$38K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.15+0.001%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0330%1h799.21−0.116%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0428%1h800.06−0.010%$2.7M$5.7M40xas long as short