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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.055%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.055%, 7d avg +0.030%
Together, before fees−0.117%+ Points / potential airdropExtended: Active · farm board−$12 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: OKX is 0.025% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD798.560.0104pay 0.0013% / 1h7m 07s$1.9M$6.3M50x
ShortOKX BNB-USDT-SWAP799.000.0100get 0.0100% / 8h1h 07m$54.6M$113.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.055% → +0.030%
$2.48
Slippage, 4 orders
−$3.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$16.99
Costs to cover
0.186%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago0.06 bp4.8 bp −$56.7 bp −$67doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.63 bp5.6 bp −$67.6 bp −$7616.7 bp −$1,673doesn'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%1h799.09+0.066%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.59+0.129%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.214%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h800.56+0.250%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.05+0.061%$9.7M150xas long as short
Variational Omni BNB+0.0030%8h799.14+0.072%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h799.15+0.073%$13.3Mas long as short
Bybit BNBUSDT+0.0065%8h798.85+0.036%$138.8M$78.7M75xas long as short
Aster BNBUSDT+0.0096%8h799.81+0.156%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.52+0.119%$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%1h799.17+0.076%$605K$994K50xas long as short
Nado BNB-PERP+0.0100%1h798.80+0.030%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.06+0.062%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h799.00+0.055%$54.6M$113.6M50x
Arcus BNB-USD+0.0100%1h799.60+0.130%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h798.90+0.042%$35.7M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.06+0.062%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.98+0.052%$80.6M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.200%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.246%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.14+0.072%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.07+0.063%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.18+0.078%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.79+0.154%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30+0.092%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.99+0.054%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.54+0.122%$78K$19K50xas long as short
Kalshi KXBNBPERP+0.0100%8h799.40+0.105%$116K$2.9M4.8xas long as short
Extended BNB-USDlong+0.0104%1h798.56long leg$1.9M$6.3M50x
Aevo BNB-PERP+0.0104%1h799.07+0.064%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h800.20+0.205%$83.1M$13.9M200xas long as short
Binance BNBUSDT+0.0116%8h799.89+0.166%$502.4M$818.3M75xas long as short
Phemex BNBUSDT+0.0117%8h799.74+0.147%$69.9M$51.2M50xas long as short
Phoenix BNB+0.0155%1h800.03+0.184%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.52+0.120%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.19+0.079%$2.6M$965K50xas long as short
Hibachi BNB/USDT-P+0.0216%1h799.27+0.088%$71K$48K12xas long as short
BloFin BNB-USDT+0.0236%8h799.83+0.159%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.206%$650K$21K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.817%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h799.45+0.110%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0319%1h799.96+0.175%$51.7M$21.6M10xas long as short
01 Exchange BNBUSD+0.0320%1h799.61+0.131%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h798.81+0.030%$6K$3K40xas long as short
dYdX BNB-USD+0.0351%1h799.29+0.091%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0567%1h800.06+0.187%$2.7M$5.7M40xas long as short