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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.001%
Price spread now: Extended against MEXC−0.195%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$130.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.022%−$2 · spread now −0.195%, 7d avg −0.243%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.048% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.243%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT785.800.0048pay 0.0048% / 8h8m 04s$80.8M$12.1M200x
ShortExtended BNB-USD784.270.0104get 0.0013% / 1h8m 04s$1.8M$5.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$11.76
Price spread: −0.195% → −0.243%
$4.85
Slippage, 4 orders
−$4.47
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$3.14
Costs to cover
0.135%
Break-even
5.1 days
Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 6 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 MEXC live order book, 1 min ago1.27 bp3.3 bp −$36.3 bp −$6321.3 bp −$2,13139.2 bp −$19.6K
Sell Extended live order book, 6 min ago0.06 bp3.2 bp −$34.8 bp −$48doesn't fitdoesn'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 −0.0168% / S +0.0337%1h784.61−0.151%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.95−0.108%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.53−0.162%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.10−0.089%$171K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.98+0.023%$848K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.61−0.151%$9.5M150xas long as short
Aster BNBUSDT+0.0032%8h785.16−0.082%$5.9M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.455%$19K$789K30xas long as short
BingX BNB-USDC+0.0038%8h784.95−0.108%$13.4Mas long as short
MEXC BNB_USDTlong+0.0048%8h785.80long leg$80.8M$12.1M200x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.12−0.087%$488.2M$813.7M75xas long as short
Phemex BNBUSDT+0.0079%8h785.28−0.066%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.74−0.135%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.41−0.050%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.45−0.172%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.18−0.079%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.86−0.120%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.50−0.165%$138.0M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.50−0.165%$53.3M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h784.90−0.115%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.159%$38.4M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.26−0.196%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.19−0.205%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.07−0.093%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.65−0.146%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.41−0.050%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.04−0.097%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.49−0.167%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.65−0.146%$264K$389K50xas long as short
Derive BNB-PERP+0.0100%1h784.73−0.136%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.12−0.087%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.70−0.140%$386K$961K10xas long as short
HTX BNB-USDT+0.0100%8h784.79−0.128%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.29−0.064%$78K$17K50xas long as short
Extended BNB-USDshort+0.0104%1h784.27−0.195%$1.8M$5.8M50x
Aevo BNB-PERP+0.0104%1h784.67−0.144%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.03−0.098%$545K$1.9M50xas long as short
dYdX BNB-USD+0.0124%1h784.99−0.103%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.18−0.079%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h785.10−0.089%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0216%8h785.65−0.019%$2.9M$27.9M10xas long as short
Bulk BNB-USD+0.0237%1h785.14−0.084%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.26−0.069%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h784.34−0.186%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.02−0.099%$1.1M$922K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h784.99−0.104%$67K$39K12xas long as short