Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Binance−0.129%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.129%, 7d avg −0.130%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT804.500.0096pay 0.0096% / 8h3h 21m$518.7M$809.4M75x
ShortBitget BNBUSDT803.460.0100get 0.0100% / 8h3h 21m$78.8M$24.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0.91
Price spread: −0.129% → −0.130%
$0.08
Slippage, 4 orders
−$2.22
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.23
Costs to cover
0.242%
Break-even
185.8 days
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 7 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, 7 min ago0.06 bp5.6 bp −$67.4 bp −$7418.2 bp −$1,824doesn't fit
Sell Bitget live order book, 7 min ago0.06 bp6.5 bp −$78.5 bp −$8512.1 bp −$1,213doesn'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 −0.0195% / S +0.0371%1h804.15−0.044%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h804.21−0.036%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.11−0.049%$3.0M$29.9M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.20−0.037%$109K$2.6M4.8xas long as short
StandX BNB-USD0.0000%1h803.51−0.123%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h804.20−0.038%$9.8M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h805.24+0.092%$609K$903K50xas long as short
Variational Omni BNB+0.0071%8h804.46−0.005%$4.1M$5.5Mas long as short
Aster BNBUSDT+0.0088%8h804.48−0.002%$6.3M$19.0M200xas long as short
MEXC BNB_USDT+0.0095%8h804.90+0.050%$84.4M$15.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDTlong+0.0096%8h804.50long leg$518.7M$809.4M75x
Lighter BNB+0.0096%1h804.39−0.013%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.55−0.118%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.06−0.055%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h803.52−0.122%$138.9M$83.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.70−0.099%$55.0M$115.7M50xas long as short
Arcus BNB-USD+0.0100%1h804.10−0.050%$52K$222K10xas long as short
Gate BNB_USDT+0.0100%8h803.70−0.099%$35.9M$59.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.88−0.077%$28.1M$10.5M75xas long as short
Bitget BNBUSDTshort+0.0100%8h803.46−0.129%$78.8M$24.6M75x
BingX BNB-USDT+0.0100%8h803.95−0.068%$34.4Mas long as short
edgeX BNBUSDC+0.0100%4h804.60+0.013%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.35−0.019%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.86−0.080%$118K$876K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.13−0.046%$389K$596K50xas long as short
Derive BNB-PERP+0.0100%1h804.32−0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.39−0.013%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h804.20−0.037%$395K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h803.87−0.079%$8.2M$7.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.55+0.006%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h803.43−0.133%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h804.30−0.024%$386K$40K10xas long as short
Phemex BNBUSDT+0.0106%8h804.79+0.036%$70.3M$51.6M50xas long as short
Phoenix BNB+0.0110%1h804.96+0.057%$173K$35K10xas long as short
Bulk BNB-USD+0.0126%1h804.44−0.007%$650K$11K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h804.28−0.028%$2.5M$915K50xas long as short
RISEx BNB/USDC+0.0143%1h804.19−0.038%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.518%$19K$423K30xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h804.69+0.023%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0216%8h803.46−0.129%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0232%1h803.43−0.133%$71K$49K12xas long as short
Hyperliquid BNB+0.0252%1h804.94+0.055%$51.7M$21.6M10xas long as short
01 Exchange BNBUSD+0.0296%1h804.56+0.007%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h803.67−0.103%$6K$3K40xas long as short
dYdX BNB-USD+0.0418%1h803.42−0.134%$170K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0641%1h805.29+0.098%$3.0M$5.3M40xas long as short