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

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0366%/8h= −40.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.080%
Price spread now: StandX against Bulk+0.016%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Long on BulkShort on StandX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.336%−$34 on $10k
Price spread, last 4 days (all we have)+0.239%+$24 · spread now +0.016%, 7d avg −0.033%
Together, before fees−0.097%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.049% dearer against Bulk than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.033%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk BNB-USD792.180.0366pay 0.0046% / 1h10m 15s$641K$9K10x
ShortStandX BNB-USD792.310get 0.0000% / 1h10m 15s$856K$3.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bulk. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$76.88
Price spread: +0.016% → −0.033%
$4.9
Slippage, 4 orders
−$13.12
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$100.11
Costs to cover
0.281%
Break-even
never at this rate
Slippage from Bulk: live order book, 54 min ago; StandX: 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 Bulk live order book, 54 min ago0.06 bp3.6 bp −$43.8 bp −$386.6 bp −$65915.4 bp −$7,688
Sell StandX live order book, 4 min ago5.24 bp11.0 bp −$1113.5 bp −$135doesn'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 −0.0167% / S +0.0335%1h791.75−0.054%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h792.54+0.045%$4K$23925xas long as short
StandX BNB-USDshort0.0000%1h792.31+0.016%$856K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h791.79−0.049%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.629%$19K$789K30xas long as short
Phemex BNBUSDT+0.0046%8h792.22+0.005%$69.4M$50.5M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03−0.019%$615K$1.8M50xas long as short
Aster BNBUSDT+0.0051%8h792.40+0.027%$6.2M$18.6M200xas long as short
BingX BNB-USDC+0.0060%8h791.55−0.080%—$13.4M—as long as short
MEXC BNB_USDT+0.0072%8h792.50+0.040%$80.5M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0072%8h792.12−0.008%$494.9M$790.5M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.61−0.073%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h791.93−0.032%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.86−0.041%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.95−0.030%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.11−0.009%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h792.36+0.022%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h791.51−0.085%$139.3M$76.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.50−0.086%$53.8M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h792.20+0.002%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.60−0.074%$35.4M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.50−0.086%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h791.56−0.079%$77.0M$29.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.94−0.031%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10−0.137%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h791.77−0.052%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.88−0.038%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.99−0.024%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h791.99−0.024%$32K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.45+0.034%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.90−0.036%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h792.00−0.023%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h792.70+0.065%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.39−0.100%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.75−0.055%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.53−0.083%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0143%8h791.96−0.028%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h792.50+0.040%$82K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0192%8h792.33+0.018%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0195%1h791.84−0.043%$160K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h792.17−0.002%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0280%1h792.65+0.059%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0327%1h791.57−0.077%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h792.40+0.028%$1.1M$982K20xas long as short
Bulk BNB-USDlong+0.0366%1h792.18long leg$641K$9K10x
Hibachi BNB/USDT-P+0.0584%1h791.66−0.067%$68K$38K12xas long as short