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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: StandX against KuCoin+0.122%51s7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.122%, 7d avg +0.104%
Together, before fees−0.211%+ Points / potential airdropStandX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM787.430.0100pay 0.0100% / 8h3h 15m$27.6M$10.3M75x
ShortStandX BNB-USD788.390get 0.0000% / 1h15m 38s$850K$3.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against KuCoin. 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
−$21
Price spread: +0.122% → +0.104%
$1.82
Slippage, 4 orders
−$23.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$62.71
Costs to cover
0.435%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; StandX: live order book, 3 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 KuCoin live order book, 3 min ago0.44 bp10.5 bp −$1017.4 bp −$174doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago5.07 bp10.5 bp −$1112.8 bp −$12853.9 bp −$5,389doesn'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 −0.0192% / S +0.0356%1h787.50+0.008%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.55+0.016%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.90+0.060%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.00+0.072%$126K$2.7M4.8xas long as short
StandX BNB-USDshort0.0000%1h788.39+0.122%$850K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.50+0.010%$9.5M150xas long as short
Aster BNBUSDT+0.0022%8h788.09+0.083%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.243%$19K$789K30xas long as short
BingX BNB-USDT+0.0034%8h787.60+0.022%$22.3Mas long as short
MEXC BNB_USDT+0.0041%8h788.50+0.136%$80.0M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0042%8h788.05+0.078%$491.3M$801.6M75xas long as short
Phemex BNBUSDT+0.0042%8h788.15+0.091%$68.9M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.030%$588K$1.9M50xas long as short
dYdX BNB-USD+0.0086%1h787.24−0.024%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.84+0.052%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.74+0.040%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.62+0.024%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.40−0.004%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.11+0.086%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.82+0.050%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.39−0.005%$138.5M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.30−0.017%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.60+0.022%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.40−0.004%$36.0M$58.0M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h787.43long leg$27.6M$10.3M75x
Bitget BNBUSDT+0.0100%8h787.09−0.043%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.08+0.083%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.31−0.015%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h788.09+0.083%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.89+0.058%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.42−0.001%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.66+0.029%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.20+0.098%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80+0.047%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.58+0.020%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.86+0.055%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.13−0.038%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.65+0.028%$378K$110K10xas long as short
BloFin BNB-USDT+0.0162%8h788.00+0.072%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0176%8h788.38+0.121%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.108%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.09+0.084%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.08+0.082%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h787.30−0.016%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0416%1h787.87+0.055%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.83+0.051%$1.1M$893K20xas long as short