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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0418%/8h= +45.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.046%
Price spread now: 01 Exchange against Kraken Futures+0.113%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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and 01 Exchange is 0.113% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BNBUSD801.61−0.0074get 0.0009% / 1h41m 13s$2.6M$970K50x
Short01 Exchange BNBUSD802.510.0344get 0.0043% / 1h41m 13s$28K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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
$87.71
Price spread: +0.113% → 0.000%
$11.29
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$82
Costs to cover
0.170%
Break-even
0.5 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; 01 Exchange: 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 Kraken Futures live order book, 2 min ago2.43 bp10.0 bp −$1015.7 bp −$15735.1 bp −$3,51190.2 bp −$45.1K
Sell 01 Exchange no order-book sample
01 Exchange: 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 −0.0201% / S +0.0372%1h802.02+0.052%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.26+0.082%$4K$1K25xas long as short
Kraken Futures PF_BNBUSDlong−0.0074%1h801.61long leg$2.6M$970K50x
GRVT BNB_USDT_Perp0.0000%8h802.87+0.158%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h803.34+0.216%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.96+0.045%$9.8M150xas long as short
Variational Omni BNB+0.0027%8h802.45+0.105%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0048%8h801.88+0.034%$34.8Mas long as short
Bybit BNBUSDT+0.0058%8h801.30−0.038%$139.1M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.110%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h801.94+0.041%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h801.68+0.009%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h801.84+0.029%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.40−0.026%$54.6M$113.4M50xas long as short
Arcus BNB-USD+0.0100%1h802.20+0.074%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h801.80+0.024%$35.9M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.84+0.029%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.48−0.016%$79.5M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.59+0.248%$4.2M$77.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.34+0.216%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h801.84+0.029%$117K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.89+0.036%$387K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.07+0.058%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.20+0.074%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h801.90+0.037%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h801.87+0.033%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.23+0.078%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.52+0.114%$6.4M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h801.21−0.050%$1.8M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h801.90+0.037%$385K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h802.42+0.102%$70.1M$50.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h802.40+0.099%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0123%8h802.60+0.124%$83.4M$13.5M200xas long as short
Binance BNBUSDT+0.0123%8h802.24+0.079%$501.7M$817.2M75xas long as short
Phoenix BNB+0.0127%1h802.03+0.053%$172K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.17+0.070%$1.6M$165K25xas long as short
Hyperliquid BNB+0.0218%1h802.70+0.137%$52.0M$21.4M10xas long as short
Hibachi BNB/USDT-P+0.0224%1h801.92+0.039%$70K$44K12xas long as short
BloFin BNB-USDT+0.0243%8h802.44+0.104%$18.3M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h801.96+0.044%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.435%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.246%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h801.53−0.010%$6K$3K40xas long as short
01 Exchange BNBUSDshort+0.0344%1h802.51+0.113%$28K$1K10x
Backpack BNB_USDC_PERP+0.0364%1h802.48+0.109%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0432%1h802.20+0.074%$162K$62K10xas long as short