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

BNB

all BNB markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.100%
Price spread now: dYdX against Bitget+0.096%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Long on BitgetShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.458%+$46 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.096%, 7d avg +0.042%
Together, before fees+0.407%+$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.055% dearer against Bitget than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.042%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.458%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT793.810.0100pay 0.0100% / 8h6h 21m$77.3M$28.1M75x
ShortdYdX BNB-USD794.570.0076get 0.0009% / 1h21m 06s$161K$63K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$5.12
Price spread: +0.096% → +0.042%
$5.45
Slippage, 4 orders
−$36.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$57.91
Costs to cover
0.582%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; dYdX: live order book, 48 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, 3 min ago0.06 bp6.8 bp −$710.3 bp −$10318.5 bp −$1,847doesn't fit
Sell dYdX live order book, 48 min ago14.44 bp25.1 bp −$2563.4 bp −$634113.2 bp −$11.3K148.8 bp −$74.4K

BNB on 45 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 −0.0167% / S +0.0335%1h794.28+0.059%$46K—200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h794.11+0.038%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h794.69+0.111%$4K$23925xas long as short
StandX BNB-USD0.0000%1h795.71+0.239%$860K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h794.31+0.063%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.421%$19K$789K30xas long as short
Aster BNBUSDT+0.0037%8h794.77+0.121%$6.1M$19.7M200xas long as short
Variational Omni BNB+0.0038%8h794.10+0.037%$4.1M$4.9M—as long as short
BingX BNB-USDT+0.0050%8h794.30+0.062%—$34.9M—as long as short
Phemex BNBUSDT+0.0052%8h794.76+0.120%$69.5M$50.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0052%8h794.05+0.030%$35.4M$56.4M75xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h795.53+0.217%$610K$1.1M50xas long as short
MEXC BNB_USDT+0.0063%8h794.90+0.137%$82.5M$12.8M200xas long as short
Binance BNBUSDT+0.0063%8h794.69+0.111%$494.3M$810.0M75xas long as short
GRVT BNB_USDT_Perp+0.0070%8h795.62+0.228%$3.0M$28.5M10xas long as short
dYdX BNB-USDshort+0.0076%1h794.57+0.096%$161K$63K10x
Phoenix BNB+0.0088%1h794.99+0.149%$171K$36K10xas long as short
Lighter BNB+0.0096%1h794.33+0.066%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h794.15+0.043%$384K$409K50xas long as short
Nado BNB-PERP+0.0100%1h794.35+0.068%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h794.70+0.112%$52.1M$19.3M10xas long as short
Pacifica BNB+0.0100%1h794.62+0.102%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h794.01+0.025%$138.8M$75.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.80−0.001%$53.2M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h794.70+0.112%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h794.12+0.039%$27.7M$10.1M75xas long as short
Bitget BNBUSDTlong+0.0100%8h793.81long leg$77.3M$28.1M75x
edgeX BNBUSDC+0.0100%4h795.49+0.211%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h795.56+0.220%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h794.37+0.071%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h794.38+0.072%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h794.79+0.124%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h794.30+0.062%$390K$998K10xas long as short
HTX BNB-USDT+0.0100%8h794.28+0.059%$8.2M$8.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h795.05+0.156%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h793.93+0.015%$1.7M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h794.26+0.057%$382K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h794.74+0.117%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0156%8h794.90+0.137%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.267%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h794.94+0.142%$28K$2K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h794.69+0.110%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0329%1h794.14+0.042%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0383%1h794.91+0.139%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0528%1h795.47+0.210%$68K$38K12xas long as short