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−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h −0.016%
Price spread now: BingX against Binance−0.053%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.053% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT787.200.0065pay 0.0065% / 8h1h 30m$490.4M$815.6M75x
ShortBingX BNB-USDT786.780.0051get 0.0051% / 8h1h 30m$22.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
−$2.88
Price spread: −0.053% → 0.000%
−$5.34
Slippage, 4 orders
−$0.77
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$28.99
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 3 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 Binance live order book, 13 min ago0.06 bp5.2 bp −$57.9 bp −$7916.9 bp −$1,691doesn't fit
Sell BingX live order book, 3 min ago0.13 bp5.1 bp −$56.3 bp −$6311.4 bp −$1,14028.6 bp −$14.3K

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 −0.0170% / S +0.0337%1h786.45−0.096%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.78−0.053%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.19−0.001%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.52−0.087%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.273%$19K$789K30xas long as short
Aster BNBUSDT+0.0050%8h787.200.000%$6.1M$18.9M200xas long as short
BingX BNB-USDTshort+0.0051%8h786.78−0.053%$22.3M
MEXC BNB_USDT+0.0064%8h787.80+0.076%$81.1M$12.0M200xas long as short
Binance BNBUSDTlong+0.0065%8h787.20long leg$490.4M$815.6M75x
dYdX BNB-USD+0.0075%1h786.36−0.107%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h787.12−0.010%$68.8M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.20−0.127%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.72−0.061%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.10−0.140%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.13−0.009%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.50−0.089%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.50−0.089%$138.4M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.089%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h786.50−0.089%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.60−0.076%$37.4M$59.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.41−0.100%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.37−0.105%$76.1M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.98−0.028%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.51−0.214%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.71−0.062%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.63−0.072%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.33−0.111%$131K$951K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.55−0.083%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03−0.148%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.08−0.016%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.70−0.064%$387K$982K10xas long as short
HTX BNB-USDT+0.0100%8h786.45−0.096%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.91−0.037%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.26−0.119%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.53−0.086%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.26−0.119%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0136%8h786.80−0.051%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0185%8h787.15−0.006%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.89−0.039%$1.5M$145K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.37−0.106%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h787.25+0.007%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0248%1h786.97−0.029%$28K$4K10xas long as short
Bulk BNB-USD+0.0291%1h787.29+0.012%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.16−0.132%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.73−0.060%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0536%1h786.65−0.070%$67K$39K12xas long as short