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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bitget+0.174%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 3 days (all we have)+0.098%+$10 · spread now +0.174%, 7d avg +0.108%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.066% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT804.960.0100pay 0.0100% / 8h2h 10m$79.0M$24.8M75x
ShortApeX Omni BNBUSDT806.360.0100get 0.0013% / 1h10m 53s$159K$437K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
Price spread: +0.174% → +0.108%
$6.62
Slippage, 4 orders
−$12.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$28.1
Costs to cover
0.347%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; ApeX Omni: live order book, 12 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 Bitget live order book, 8 min ago0.06 bp7.8 bp −$811.4 bp −$11419.3 bp −$1,934doesn't fit
Sell ApeX Omni live order book, 12 min ago3.47 bp8.5 bp −$828.9 bp −$289doesn'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 −0.0195% / S +0.0371%1h804.89−0.009%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.14+0.022%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.48+0.065%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.40+0.055%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.50+0.067%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.94−0.002%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h805.12+0.020%$2.5M$919K50xas long as short
Variational Omni BNB+0.0050%8h805.71+0.094%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0054%8h805.21+0.031%$13.3Mas long as short
Bybit BNBUSDT+0.0079%8h805.00+0.005%$139.7M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15+0.024%$608K$881K50xas long as short
Lighter BNB+0.0096%1h805.21+0.031%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0097%8h805.66+0.087%$6.4M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h804.45−0.063%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.95−0.001%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.00+0.005%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.30+0.042%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.15+0.024%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.21+0.031%$28.2M$10.5M75xas long as short
Bitget BNBUSDTlong+0.0100%8h804.96long leg$79.0M$24.8M75x
edgeX BNBUSDC+0.0100%4h806.79+0.228%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h806.36+0.174%$159K$437K50x
Polymarket Perps BNB-USD+0.0100%1h804.86−0.012%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.94−0.002%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h804.99+0.003%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.43+0.059%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.52+0.070%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.95−0.001%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.57+0.076%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.90−0.007%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h805.05+0.012%$387K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h806.20+0.154%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0114%8h805.97+0.125%$520.9M$806.5M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.082%$173K$35K10xas long as short
Phemex BNBUSDT+0.0134%8h805.65+0.086%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0194%1h805.00+0.005%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.05+0.011%$1.1M$1.5M20xas long as short
Hyperliquid BNB+0.0213%1h805.51+0.068%$51.9M$21.9M10xas long as short
BloFin BNB-USDT+0.0234%8h805.45+0.061%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0240%1h804.86−0.012%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.00+0.005%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.051%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.69−0.033%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.77+0.101%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.009%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0651%1h806.00+0.129%$3.0M$5.5M40xas long as short