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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.011%
Price spread now: 01 Exchange against Bulk+0.087%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.087% dearer against Bulk than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk BNB-USD793.210.0167pay 0.0021% / 1h43m 31s$644K$10K10x
Short01 Exchange BNBUSD793.900.0240get 0.0030% / 1h43m 31s$28K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Bulk. 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
$15.25
Price spread: +0.087% → 0.000%
$8.7
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$9.95
Costs to cover
0.140%
Break-even
2.4 days
Slippage unknown: Bulk: live order book, 26 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 26 min ago0.06 bp3.6 bp −$44.1 bp −$417.0 bp −$70116.8 bp −$8,405
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0161% / S +0.0335%1h793.04−0.022%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h793.33+0.015%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.65+0.056%$4K$23925xas long as short
Gate BNB_USDT−0.0009%8h793.05−0.020%$35.4M$55.4M75xas long as short
StandX BNB-USD0.0000%1h793.84+0.079%$858K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.25+0.005%$9.7M150xas long as short
Variational Omni BNB+0.0010%8h792.53−0.086%$4.1M$5.0Mas long as short
GRVT BNB_USDT_Perp+0.0011%8h793.23+0.003%$3.0M$28.4M10xas long as short
Phemex BNBUSDT+0.0024%8h793.91+0.088%$69.4M$50.3M50xas long as short
Aster BNBUSDT+0.0031%8h794.03+0.103%$6.1M$19.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+1.498%$19K$789K30xas long as short
dYdX BNB-USD+0.0039%1h793.18−0.004%$160K$63K10xas long as short
BingX BNB-USDT+0.0050%8h793.51+0.038%$34.9Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h792.52−0.087%$608K$1.1M50xas long as short
MEXC BNB_USDT+0.0061%8h794.10+0.112%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0061%8h793.90+0.087%$493.6M$816.0M75xas long as short
Phoenix BNB+0.0088%1h793.02−0.024%$170K$36K10xas long as short
Lighter BNB+0.0096%1h793.36+0.019%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.19−0.002%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.25+0.005%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h793.70+0.062%$1.2M$932K20xas long as short
Bybit BNBUSDT+0.0100%8h793.26+0.006%$138.2M$77.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.20−0.001%$53.2M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h793.50+0.037%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h793.10−0.014%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h793.210.000%$77.4M$28.3M75xas long as short
edgeX BNBUSDC+0.0100%4h793.14−0.009%$4.1M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h793.32+0.014%$160K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.25+0.005%$111K$889K10xas long as short
Derive BNB-PERP+0.0100%1h793.43+0.028%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.35+0.017%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.50+0.037%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h793.02−0.024%$8.1M$8.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h793.89+0.086%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h792.91−0.038%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h793.46+0.032%$381K$110K10xas long as short
Hyperliquid BNB+0.0121%1h793.92+0.090%$52.6M$19.9M10xas long as short
RISEx BNB/USDC+0.0131%1h793.47+0.032%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0160%8h793.40+0.024%$110K$2.8M4.8xas long as short
Bulk BNB-USDlong+0.0167%1h793.21long leg$644K$10K10x
BloFin BNB-USDT+0.0182%8h794.06+0.107%$18.1M$2.5M75xas long as short
01 Exchange BNBUSDshort+0.0240%1h793.90+0.087%$28K$2K10x
Reya BNBRUSDPERP+0.0329%1h793.06−0.019%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0376%1h794.24+0.130%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h793.78+0.072%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0480%1h792.90−0.039%$68K$38K12xas long as short