Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: OKX against Aster−0.107%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.107%, 7d avg −0.108%

Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	801.96	0.0100	pay 0.0100% / 8h	1h 19m	$6.3M	$19.0M	200x
Short	OKX BNB-USDT-SWAP	801.10	0.0100	get 0.0100% / 8h	1h 19m	$54.7M	$116.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.107%Rate

Funding earned: $0
Price spread: −0.107% → −0.108%: $0.12
Slippage, 4 orders: −$3.07
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$20.95
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	0.37 bp	4.7 bp −$5	5.3 bp −$53	17.3 bp −$1,727	doesn't fit
Sell OKX live order book, 5 min ago	0.62 bp	5.6 bp −$6	7.6 bp −$76	19.5 bp −$1,946	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	801.49	−0.058%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.91	−0.006%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	802.84	+0.110%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.90	+0.117%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.75	+0.099%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.45	−0.064%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0038%	8h	801.85	−0.014%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0062%	8h	801.46	−0.062%	—	$35.0M	—	as long as short
Bybit BNBUSDT	+0.0074%	8h	800.94	−0.127%	$139.4M	$82.4M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.49	−0.058%	$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	−0.099%	$610K	$1.0M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.24	−0.089%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.50	−0.058%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAPshort	+0.0100%	8h	801.10	−0.107%	$54.7M	$116.0M	50x
Arcus BNB-USD	+0.0100%	1h	801.70	−0.032%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.25	−0.089%	$35.8M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.22	−0.092%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.96	−0.125%	$81.0M	$26.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.01	+0.132%	$4.2M	$77.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.69	+0.091%	$162K	$443K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.29	−0.084%	$121K	$878K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.28	−0.085%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.48	−0.060%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.80	−0.020%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.86	−0.012%	$8.2M	$7.9M	75x	as long as short
Aster BNBUSDTlong	+0.0100%	8h	801.96	long leg	$6.3M	$19.0M	200x
Paradex BNB-USD-PERP	+0.0100%	8h	801.93	−0.004%	$78K	$19K	50x	as long as short
SoDEX BNB-USD	+0.0103%	1h	801.70	−0.032%	$394K	$1.0M	10x	as long as short
Extended BNB-USD	+0.0104%	1h	800.88	−0.135%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.51	−0.056%	$385K	$40K	10x	as long as short
Binance BNBUSDT	+0.0118%	8h	802.02	+0.007%	$504.0M	$821.6M	75x	as long as short
MEXC BNB_USDT	+0.0119%	8h	802.40	+0.055%	$83.4M	$13.8M	200x	as long as short
Phemex BNBUSDT	+0.0121%	8h	802.14	+0.022%	$70.1M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	802.83	+0.108%	$173K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	802.63	+0.083%	$71K	$48K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.76	−0.025%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.58	−0.047%	$2.6M	$977K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	803.07	+0.138%	$18.3M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0276%	1h	801.29	−0.083%	$162K	$62K	10x	as long as short
Hyperliquid BNB	+0.0309%	1h	802.42	+0.057%	$51.9M	$21.9M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.390%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.092%	$652K	$21K	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	801.52	−0.055%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	802.02	+0.007%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.12	−0.105%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0609%	1h	802.37	+0.051%	$2.7M	$5.7M	40x	as long as short