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+0.0316%/8h= +34.6% APRpaid last 24h +0.037%
Price spread now: RISEx against Aster−0.033%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.148%+$15 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.033%, 7d avg −0.083%
Together, before fees+0.138%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.050% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT785.180.0033pay 0.0033% / 8h15m 03s$6.0M$18.7M200x
ShortRISEx BNB/USDC784.920.0350get 0.0044% / 1h15m 03s$1.1M$904K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$66.43
Price spread: −0.033% → −0.083%
$5.01
Slippage, 4 orders
−$4.92
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$52.52
Costs to cover
0.189%
Break-even
1.5 days
Slippage from Aster: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago0.38 bp4.5 bp −$44.9 bp −$4917.5 bp −$1,752doesn't fit
Sell RISEx live order book, 4 min ago1.78 bp4.8 bp −$58.9 bp −$89doesn't fitdoesn'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 −0.0168% / S +0.0337%1h784.52−0.084%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.94−0.030%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.49−0.088%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.00−0.023%$170K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.56+0.048%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.53−0.083%$9.5M150xas long as short
Aster BNBUSDTlong+0.0033%8h785.18long leg$6.0M$18.7M200x
Injective BNB/USDC PERP+0.0033%1h805.09+2.536%$19K$789K30xas long as short
BingX BNB-USDC+0.0038%8h784.64−0.069%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h785.70+0.066%$80.8M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.19+0.001%$488.0M$814.5M75xas long as short
Phemex BNBUSDT+0.0076%8h785.15−0.004%$68.5M$51.0M50xas long as short
Lighter BNB+0.0096%1h784.65−0.068%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.13−0.006%$159K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.45−0.093%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.14−0.005%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.87−0.040%$1.2M$938K20xas long as short
Bybit BNBUSDT+0.0100%8h784.50−0.087%$138.1M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.40−0.099%$53.3M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h784.80−0.048%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.65−0.067%$38.3M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.23−0.121%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.42−0.097%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.01−0.022%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.43−0.096%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h784.96−0.028%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.42+0.031%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.42−0.097%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.55−0.080%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h784.56−0.079%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.15−0.004%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.70−0.061%$386K$964K10xas long as short
HTX BNB-USDT+0.0100%8h785.05−0.016%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.180.000%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.17−0.129%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.61−0.072%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.48−0.089%$546K$1.9M50xas long as short
dYdX BNB-USD+0.0113%1h784.27−0.116%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.06−0.015%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.98−0.025%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0217%8h785.43+0.032%$2.9M$28.3M10xas long as short
Bulk BNB-USD+0.0231%1h784.93−0.032%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.34+0.020%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.22−0.122%$6K$3K40xas long as short
RISEx BNB/USDCshort+0.0350%1h784.92−0.033%$1.1M$904K20x
Hibachi BNB/USDT-P+0.0456%1h784.96−0.028%$67K$39K12xas long as short