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+0.0272%/8h= +29.8% APRnext payment +$0.34 per $10,000 · paid last 24h +0.065%
Price spread now: 01 Exchange against Coinbase International+0.073%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 4 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 +$8 a day on $10k at the current rate, and 01 Exchange is 0.073% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX789.660.0048pay 0.0006% / 1h56m 31s$619K$1.8M50x
Short01 Exchange BNBUSD790.240.0320get 0.0040% / 1h56m 31s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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
$57.12
Price spread: +0.073% → 0.000%
$7.34
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$47.46
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago1.65 bp7.7 bp −$812.7 bp −$127doesn't fitdoesn't fit
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 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%1h787.67−0.252%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.01+0.044%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.36−0.038%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.33−0.042%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.954%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h789.36−0.039%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTXlong+0.0048%1h789.66long leg$619K$1.8M50x
BingX BNB-USDC+0.0051%8h788.85−0.103%$13.4Mas long as short
Variational Omni BNB+0.0062%8h789.21−0.057%$4.1M$4.8Mas long as short
Phemex BNBUSDT+0.0064%8h788.18−0.187%$69.0M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0069%8h790.30+0.081%$80.5M$12.3M200xas long as short
Binance BNBUSDT+0.0069%8h790.23+0.072%$494.8M$809.0M75xas long as short
Gate BNB_USDT+0.0081%8h789.15−0.065%$35.5M$56.2M75xas long as short
Phoenix BNB+0.0088%1h789.72+0.008%$170K$34K10xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h787.61−0.260%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.17−0.062%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.59−0.262%$381K$380K50xas long as short
Nado BNB-PERP+0.0100%1h789.05−0.077%$1.5M$2.6M20xas long as short
Pacifica BNB+0.0100%1h789.42−0.030%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h789.45−0.027%$138.9M$78.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.60−0.008%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h789.80+0.018%$52K$135K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.42−0.030%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.30−0.046%$77.0M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.37−0.163%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h789.88+0.028%$4.1M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.78+0.015%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.46−0.025%$137K$945K10xas long as short
Derive BNB-PERP+0.0100%1h787.76−0.240%$31K$9K10xas long as short
SunX BNB-USDT+0.0100%8h788.35−0.167%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.81−0.107%$8.1M$9.0M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.13+0.060%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.26−0.050%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h787.63−0.257%$378K$110K10xas long as short
GRVT BNB_USDT_Perp+0.0105%8h789.83+0.022%$2.9M$28.3M10xas long as short
Hyperliquid BNB+0.0105%1h790.04+0.048%$51.8M$18.7M10xas long as short
SoDEX BNB-USD+0.0138%1h787.70−0.248%$387K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0176%8h787.90−0.223%$91K$2.8M4.8xas long as short
dYdX BNB-USD+0.0275%1h788.97−0.088%$160K$64K10xas long as short
Bulk BNB-USD+0.0298%1h789.80+0.018%$640K$13K10xas long as short
01 Exchange BNBUSDshort+0.0320%1h790.24+0.073%$28K$4K10x
Reya BNBRUSDPERP+0.0328%1h789.25−0.052%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h789.95+0.037%$1.1M$1.1M20xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h788.12−0.196%$1.5M$160K25xas long as short
Hibachi BNB/USDT-P+0.0536%1h788.90−0.097%$67K$39K12xas long as short