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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended+0.190%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 3 days (all we have)−0.258%−$26 · spread now +0.190%, 7d avg +0.043%
Together, before fees−0.239%+ Points / potential airdropExtended: Active · farm board−$24 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: HTX is 0.147% dearer against Extended than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD796.880.0104pay 0.0013% / 1h51m 20s$1.8M$6.6M50x
ShortHTX BNB-USDT798.400.0100get 0.0100% / 8h7h 51m$8.2M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$0.84
Price spread: +0.190% → +0.043%
$14.69
Slippage, 4 orders
−$9.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$12.38
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; HTX: live order book, 3 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 Extended live order book, 3 min ago0.06 bp4.0 bp −$45.6 bp −$56doesn't fitdoesn't fit
Sell HTX live order book, 3 min ago1.93 bp7.9 bp −$810.4 bp −$10442.1 bp −$4,209doesn'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%1h797.85+0.121%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.00+0.014%$2.5M$976K50xas long as short
Hotstuff BNB-PERP−0.0080%1h797.73+0.106%$4K$23925xas long as short
Gate BNB_USDT−0.0045%8h797.50+0.077%$35.7M$55.8M75xas long as short
BingX BNB-USDT−0.0030%8h797.79+0.114%$35.2Mas long as short
Bybit BNBUSDT−0.0023%8h797.52+0.080%$138.4M$77.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.255%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.87+0.249%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.85+0.121%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13+0.030%$4.1M$5.4Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+1.030%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.140%$601K$983K50xas long as short
Aster BNBUSDT+0.0069%8h797.70+0.102%$6.2M$19.3M200xas long as short
Binance BNBUSDT+0.0092%8h798.32+0.180%$496.2M$817.9M75xas long as short
MEXC BNB_USDT+0.0092%8h798.30+0.178%$82.9M$13.5M200xas long as short
Lighter BNB+0.0096%1h797.52+0.080%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.229%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h796.91+0.003%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.50+0.077%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.50+0.077%$54.1M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h797.80+0.115%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.48+0.075%$27.9M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.41+0.066%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.241%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.292%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.44+0.070%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.67+0.099%$385K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.83+0.118%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.74+0.232%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.40+0.065%$392K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h798.40+0.190%$8.2M$8.1M75x
Paradex BNB-USD-PERP+0.0100%8h798.38+0.187%$78K$19K50xas long as short
Extended BNB-USDlong+0.0104%1h796.88long leg$1.8M$6.6M50x
Aevo BNB-PERP+0.0104%1h798.78+0.238%$384K$108K10xas long as short
Phemex BNBUSDT+0.0131%8h797.88+0.125%$69.8M$50.8M50xas long as short
Hibachi BNB/USDT-P+0.0136%1h798.39+0.189%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0152%8h798.00+0.140%$89K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.43+0.069%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.296%$649K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h797.98+0.137%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0213%8h798.86+0.248%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h797.93+0.131%$28K$1K10xas long as short
dYdX BNB-USD+0.0271%1h797.28+0.050%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0328%1h798.17+0.161%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h797.16+0.034%$6K$3K40xas long as short
Hyperliquid BNB+0.0377%1h798.40+0.190%$53.2M$20.7M10xas long as short