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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0218%/8h= +23.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.066%
Price spread now: Reya against Extended−0.132%48s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.132% cheaper against Extended than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.0 days of funding at the current rate (+$7 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD787.340.0104pay 0.0013% / 1h29m 40s$1.8M$6.1M50x
ShortReya BNBRUSDPERP786.310.0322get 0.0040% / 1h29m 40s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$45.75
Price spread: −0.132% → 0.000%
−$13.16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.59
Costs to cover
0.110%
Break-even
3.7 days
Slippage unknown: Extended: live order book, 4 min ago; Reya: 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 Extended live order book, 4 min ago0.06 bp3.7 bp −$44.9 bp −$49doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 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 −0.0170% / S +0.0337%1h786.45−0.114%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.94−0.051%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.19−0.019%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.52−0.105%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.254%$19K$789K30xas long as short
Aster BNBUSDT+0.0051%8h787.98+0.081%$6.1M$18.8M200xas long as short
BingX BNB-USDT+0.0051%8h787.82+0.061%$22.3Mas long as short
MEXC BNB_USDT+0.0064%8h788.60+0.160%$81.1M$12.0M200xas long as short
Binance BNBUSDT+0.0065%8h787.93+0.074%$490.9M$816.4M75xas long as short
dYdX BNB-USD+0.0073%1h786.36−0.125%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0077%8h787.70+0.045%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.00−0.044%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.52+0.023%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.45−0.113%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.92+0.073%$51.6M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.59+0.032%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.018%$138.5M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40+0.007%$53.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.80+0.058%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.60+0.033%$37.5M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.11−0.030%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.48+0.017%$76.2M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.07+0.092%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.11−0.156%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.71−0.080%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.63−0.091%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.50−0.107%$131K$951K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.11−0.030%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03−0.167%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.18−0.021%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.10−0.031%$387K$982K10xas long as short
HTX BNB-USDT+0.0100%8h787.50+0.020%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h788.25+0.116%$78K$18K50xas long as short
Extended BNB-USDlong+0.0104%1h787.34long leg$1.8M$6.1M50x
Aevo BNB-PERP+0.0104%1h787.11−0.030%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.26−0.138%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0137%8h787.20−0.018%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0185%8h787.15−0.025%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h787.21−0.017%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h787.25−0.012%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0248%1h787.13−0.027%$28K$4K10xas long as short
Bulk BNB-USD+0.0291%1h787.29−0.006%$638K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.49+0.019%$1.5M$145K25xas long as short
Reya BNBRUSDPERPshort+0.0322%1h786.31−0.132%$6K$3K40x
RISEx BNB/USDC+0.0438%1h786.84−0.064%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0528%1h786.61−0.093%$67K$39K12xas long as short