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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.027%
Price spread now: StandX against Bybit+0.254%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 7 days−0.107%−$11 · spread now +0.254%, 7d avg +0.119%
Together, before fees−0.207%+ Points / potential airdropStandX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.136% dearer against Bybit than usual: you sell high and buy low (spread +0.254% now, against its 7-day average of +0.119%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNBUSDT798.600.0065pay 0.0065% / 8h1h 08m$139.0M$78.5M75x
ShortStandX BNB-USD800.630get 0.0000% / 1h8m 03s$865K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bybit. 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
−$13.61
Price spread: +0.254% → +0.119%
$13.55
Slippage, 4 orders
−$16.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee StandX: 4 bp × 2 orders
−$8
Net
−$35.21
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; StandX: live order book, 1 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 Bybit live order book, 6 min ago0.63 bp6.6 bp −$78.6 bp −$8623.5 bp −$2,347144.6 bp −$72.3K
Sell StandX live order book, 1 min ago4.87 bp11.4 bp −$1114.1 bp −$14155.3 bp −$5,530doesn'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 −0.0201% / S +0.0372%1h799.08+0.059%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.25+0.207%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.06+0.183%$3.0M$29.4M10xas long as short
StandX BNB-USDshort0.0000%1h800.63+0.254%$865K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.08+0.060%$9.7M150xas long as short
Variational Omni BNB+0.0030%8h799.14+0.068%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h799.11+0.064%$13.3Mas long as short
Bybit BNBUSDTlong+0.0065%8h798.60long leg$139.0M$78.5M75x
Aster BNBUSDT+0.0096%8h799.58+0.123%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h799.10+0.063%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h799.10+0.063%$608K$992K50xas long as short
Nado BNB-PERP+0.0100%1h798.74+0.017%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.07+0.184%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.70+0.013%$54.6M$113.5M50xas long as short
Arcus BNB-USD+0.0100%1h800.00+0.175%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h798.75+0.019%$35.7M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.78+0.023%$27.9M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.64+0.005%$80.6M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.196%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.33+0.217%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.26+0.083%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.92+0.040%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.06+0.058%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.47+0.235%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00+0.050%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.09+0.062%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.39+0.224%$78K$19K50xas long as short
Kalshi KXBNBPERP+0.0100%8h799.90+0.163%$123K$2.9M4.8xas long as short
Extended BNB-USD+0.0104%1h798.52−0.010%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.12+0.065%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h799.80+0.150%$83.1M$13.8M200xas long as short
Binance BNBUSDT+0.0116%8h799.48+0.110%$502.1M$820.9M75xas long as short
Phemex BNBUSDT+0.0116%8h799.46+0.108%$69.9M$51.2M50xas long as short
Phoenix BNB+0.0155%1h800.04+0.180%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.37+0.096%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h798.75+0.019%$2.6M$966K50xas long as short
Hibachi BNB/USDT-P+0.0216%1h799.95+0.169%$71K$48K12xas long as short
BloFin BNB-USDT+0.0236%8h800.36+0.220%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.201%$650K$21K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.813%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h799.90+0.163%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0320%1h799.69+0.136%$51.7M$21.6M10xas long as short
01 Exchange BNBUSD+0.0320%1h800.38+0.223%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h798.57−0.003%$6K$3K40xas long as short
dYdX BNB-USD+0.0349%1h799.29+0.086%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0570%1h799.79+0.149%$2.7M$5.7M40xas long as short