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+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.077%
Price spread now: SoDEX against GMX+0.001%7-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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]794.49L −0.0159% / S +0.0335%get 0.0020% / 1h1m 01s$47K200x
ShortSoDEX BNB-USD794.500.0100get 0.0013% / 1h1m 01s$391K$995K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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
$54.4
Price spread: +0.001% → 0.000%
$0.08
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$34.47
Costs to cover
0.200%
Break-even
2.6 days
Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 23 min ago. 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 GMX no order-book sample
Sell SoDEX live order book, 23 min ago0.63 bp4.9 bp −$58.6 bp −$8681.8 bp −$8,184doesn't fit
GMX: 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]longL −0.0159% / S +0.0335%1h794.49long leg$47K200x
Kraken Futures PF_BNBUSD−0.0121%1h794.35−0.018%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h795.13+0.080%$4K$23925xas long as short
Gate BNB_USDT−0.0012%8h793.95−0.068%$35.6M$57.5M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h797.56+0.386%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h796.25+0.221%$860K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h794.500.000%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h794.01−0.061%$4.1M$5.1Mas long as short
Phemex BNBUSDT+0.0027%8h794.96+0.059%$69.4M$50.4M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.334%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0042%8h794.72+0.028%$6.2M$19.6M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h794.91+0.052%$608K$1.1M50xas long as short
BingX BNB-USDC+0.0056%8h794.71+0.027%$13.4Mas long as short
Binance BNBUSDT+0.0067%8h794.73+0.030%$493.7M$814.6M75xas long as short
MEXC BNB_USDT+0.0068%8h795.10+0.076%$82.5M$13.8M200xas long as short
Bybit BNBUSDT+0.0071%8h793.81−0.086%$137.8M$76.7M75xas long as short
Lighter BNB+0.0096%1h794.56+0.008%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h795.43+0.118%$171K$36K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h794.35−0.018%$384K$468K50xas long as short
Nado BNB-PERP+0.0100%1h794.45−0.006%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h795.04+0.069%$1.2M$930K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.90−0.075%$53.5M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h795.10+0.076%$52K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h794.17−0.041%$27.8M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h793.81−0.086%$77.7M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h796.74+0.283%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h797.11+0.329%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h794.58+0.011%$113K$889K10xas long as short
Derive BNB-PERP+0.0100%1h794.45−0.005%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h794.87+0.048%$12K$1.6M50xas long as short
SoDEX BNB-USDshort+0.0100%1h794.50+0.001%$391K$995K10x
HTX BNB-USDT+0.0100%8h794.26−0.029%$8.1M$8.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h795.44+0.119%$77K$18K50xas long as short
Extended BNB-USD+0.0104%1h793.85−0.082%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h794.35−0.018%$382K$110K10xas long as short
Bulk BNB-USD+0.0133%1h798.69+0.528%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h794.94+0.056%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0163%8h795.50+0.127%$103K$2.8M4.8xas long as short
dYdX BNB-USD+0.0182%1h794.66+0.022%$160K$63K10xas long as short
BloFin BNB-USDT+0.0187%8h794.80+0.039%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0200%1h795.29+0.100%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h794.70+0.026%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0273%1h794.90+0.051%$52.8M$20.1M10xas long as short
Reya BNBRUSDPERP+0.0329%1h794.25−0.030%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h796.08+0.200%$68K$38K12xas long as short
Backpack BNB_USDC_PERP+0.0424%1h794.95+0.057%$2.7M$5.7M40xas long as short