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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against edgeX+0.028%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.028%, 7d avg −0.004%
Together, before fees−0.015%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.032% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC788.220.0100pay 0.0050% / 4h3h 20m$4.1M$74.0M30x
ShortApeX Omni BNBUSDT788.440.0100get 0.0013% / 1h20m 56s$159K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
$0
Price spread: +0.028% → −0.004%
$3.25
Slippage, 4 orders
−$14.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$30.74
Costs to cover
0.340%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; ApeX Omni: live order book, 32 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 edgeX live order book, 3 min ago1.90 bp6.4 bp −$66.4 bp −$649.2 bp −$924doesn't fit
Sell ApeX Omni live order book, 32 min ago4.81 bp10.6 bp −$1132.6 bp −$326doesn'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 −0.0192% / S +0.0356%1h787.65−0.071%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.60−0.077%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.00−0.027%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.10−0.015%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.54+0.041%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.64−0.073%$9.5M150xas long as short
Aster BNBUSDT+0.0024%8h787.87−0.044%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.141%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h787.62−0.076%$13.4Mas long as short
MEXC BNB_USDT+0.0043%8h788.30+0.011%$79.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0043%8h787.82−0.051%$491.1M$800.8M75xas long as short
Phemex BNBUSDT+0.0045%8h787.91−0.039%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.130%$588K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.001%$169K$35K10xas long as short
dYdX BNB-USD+0.0096%1h787.16−0.134%$159K$63K10xas long as short
Lighter BNB+0.0096%1h787.61−0.077%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.73−0.062%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.40−0.103%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.91−0.039%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.98−0.030%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.129%$138.5M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10−0.142%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.90−0.040%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.30−0.116%$35.9M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.01−0.153%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.34−0.111%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.75−0.059%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.41−0.102%$4.1M$4.8Mas long as short
edgeX BNBUSDClong+0.0100%4h788.22long leg$4.1M$74.0M30x
ApeX Omni BNBUSDTshort+0.0100%1h788.44+0.028%$159K$442K50x
Polymarket Perps BNB-USD+0.0100%1h787.61−0.077%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.76−0.058%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.40+0.024%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80−0.053%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.46−0.096%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.10−0.015%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.89−0.168%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.72−0.063%$378K$110K10xas long as short
BloFin BNB-USDT+0.0163%8h788.23+0.002%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.034%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.009%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.41+0.025%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.11−0.013%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h787.34−0.111%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h787.20−0.129%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.09−0.016%$1.1M$893K20xas long as short