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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: ApeX Omni against Hotstuff+0.042%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.042% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP788.07−0.0080get 0.0010% / 1h25m 23s$4K$4225x
ShortApeX Omni BNBUSDT788.400.0100get 0.0013% / 1h25m 23s$159K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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
$37.8
Price spread: +0.042% → 0.000%
$4.19
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$26.99
Costs to cover
0.150%
Break-even
2.0 days
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 27 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 Hotstuff no order-book sample
Sell ApeX Omni live order book, 27 min ago4.81 bp10.6 bp −$1132.6 bp −$326doesn't fitdoesn't fit
Hotstuff: 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 −0.0192% / S +0.0356%1h787.80−0.034%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.76−0.040%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERPlong−0.0080%1h788.07long leg$4K$4225x
StandX BNB-USD0.0000%1h788.52+0.057%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.69−0.048%$9.5M150xas long as short
Aster BNBUSDT+0.0025%8h788.30+0.029%$6.1M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.160%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h787.88−0.024%$13.4Mas long as short
MEXC BNB_USDT+0.0045%8h788.70+0.080%$80.0M$12.0M200xas long as short
Binance BNBUSDT+0.0045%8h788.23+0.020%$491.4M$797.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0047%8h788.34+0.034%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.43−0.081%$581K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.019%$169K$35K10xas long as short
dYdX BNB-USD+0.0094%1h787.88−0.024%$159K$64K10xas long as short
Lighter BNB+0.0096%1h787.98−0.012%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.91−0.020%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.70−0.047%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.37+0.038%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.10+0.004%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.70−0.047%$138.6M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.70−0.047%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h788.00−0.009%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.80−0.034%$35.9M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.41−0.084%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.40−0.085%$76.2M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.20+0.016%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.50−0.072%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.21+0.018%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h788.40+0.042%$159K$442K50x
Polymarket Perps BNB-USD+0.0100%1h787.66−0.052%$130K$951K10xas long as short
Derive BNB-PERP+0.0100%1h787.97−0.013%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.28+0.027%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.10+0.004%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.04−0.004%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.16+0.011%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.48−0.075%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.83−0.030%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0117%8h788.30+0.029%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0166%8h788.40+0.042%$18.0M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.73+0.084%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0219%1h788.52+0.057%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.36+0.037%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.29+0.028%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h787.44−0.080%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.01−0.007%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.14+0.010%$1.1M$893K20xas long as short