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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0678%/8h= −74.2% APRnext payment $0.85 per $10,000 · paid last 24h −0.023%
Price spread now: 01 Exchange against dYdX+0.105%54s7-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
The price spread pays, funding is against you. 01 Exchange is 0.105% dearer against dYdX than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 12 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BNB-USD786.850.0902pay 0.0113% / 1h6m 44s$158K$34K10x
Short01 Exchange BNBUSD787.680.0224get 0.0028% / 1h6m 44s$28K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against dYdX. 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
−$142.31
Price spread: +0.105% → 0.000%
$10.51
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$148.8
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 40 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 dYdX live order book, 40 min ago10.27 bp15.3 bp −$1523.8 bp −$23824.7 bp −$2,46860.7 bp −$30.3K
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 exchanges

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 −0.0166% / S +0.0336%1h787.11+0.033%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.11+0.033%$2.7M$1.4M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.94+0.138%$4K25xas long as short
Bybit BNBUSDT−0.0034%8h786.90+0.006%$138.7M$65.5M75xas long as short
BingX BNB-USDC−0.0023%8h787.23+0.048%$13.4Mas long as short
Aster BNBUSDT0.0000%8h787.85+0.126%$6.0M$16.8M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.51+0.083%$2.9M$26.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.50+0.082%$155K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.11+0.160%$850K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.09+0.029%$9.5M150xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0011%8h788.80+0.247%$83.5M$11.9M200xas long as short
Binance BNBUSDT+0.0011%8h787.91+0.135%$481.0M$756.3M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.318%$19K$789K30xas long as short
BloFin BNB-USDT+0.0044%8h787.75+0.114%$18.5M$2.2M75xas long as short
Phemex BNBUSDT+0.0087%8h787.77+0.117%$68.4M$50.5M50xas long as short
Lighter BNB+0.0096%1h787.42+0.072%$2.7M$3.4M20xas long as short
Nado BNB-PERP+0.0100%1h786.83−0.003%$1.4M$2.3M20xas long as short
Hyperliquid BNB+0.0100%1h787.85+0.126%$51.9M$16.8M10xas long as short
Pacifica BNB+0.0100%1h787.53+0.087%$1.2M$930K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10+0.031%$53.4M$101.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.40+0.069%$57K$124K10xas long as short
Gate BNB_USDT+0.0100%8h787.30+0.057%$42.1M$54.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.98+0.016%$28.1M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h786.97+0.015%$75.8M$30.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.62+0.097%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h786.26−0.076%$4.3M$4.4Mas long as short
edgeX BNBUSDC+0.0100%4h787.37+0.066%$4.1M$71.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.35+0.063%$158K$459K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.98+0.016%$128K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.05+0.025%$264K$297K50xas long as short
Derive BNB-PERP+0.0100%1h787.20+0.044%$31K$10K10xas long as short
SunX BNB-USDT+0.0100%8h787.70+0.107%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h787.30+0.057%$387K$925K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.39+0.068%$1.5M$126K25xas long as short
HTX BNB-USDT+0.0100%8h787.19+0.043%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.54+0.088%$78K$1.3M50xas long as short
Extended BNB-USD+0.0104%1h786.75−0.013%$1.8M$5.5M50xas long as short
Aevo BNB-PERP+0.0104%1h787.00+0.018%$378K$110K10xas long as short
Phoenix BNB+0.0120%1h787.71+0.109%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h787.64+0.100%$545K$1.9M50xas long as short
01 Exchange BNBUSDshort+0.0224%1h787.68+0.105%$28K$3K10x
Bulk BNB-USD+0.0289%1h787.73+0.111%$638K$10K10xas long as short
Hibachi BNB/USDT-P+0.0304%1h787.14+0.037%$67K$37K12xas long as short
Reya BNBRUSDPERP+0.0316%1h786.63−0.029%$6K$3K40xas long as short
RISEx BNB/USDC+0.0393%1h787.34+0.062%$1.1M$888K20xas long as short
dYdX BNB-USDlong+0.0902%1h786.85long leg$158K$34K10x