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+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against MEXC−0.142%7-day average −0.142% · you buy dearer than you sell
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 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.142%, 7d avg −0.142%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.142%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT787.700.0067pay 0.0067% / 8h1h 48m$81.0M$12.0M200x
ShortOrderly PERP_BNB_USDC786.580.0100get 0.0100% / 8h1h 48m$265K$471K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$6.92
Price spread: −0.142% → −0.142%
−$0.03
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$3.1
Costs to cover
0.100%
Break-even
10.1 days
Slippage unknown: MEXC: live order book, 5 min ago; Orderly: 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 MEXC live order book, 5 min ago0.63 bp2.6 bp −$34.9 bp −$4925.8 bp −$2,58542.9 bp −$21.5K
Sell Orderly no order-book sample
Orderly: 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 −0.0170% / S +0.0337%1h786.51−0.151%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.21−0.062%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.19+0.062%$850K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.58−0.142%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.208%$19K$789K30xas long as short
Aster BNBUSDT+0.0048%8h787.16−0.069%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0054%8h786.79−0.116%$22.2Mas long as short
dYdX BNB-USD+0.0060%1h787.12−0.073%$159K$62K10xas long as short
Binance BNBUSDT+0.0067%8h787.31−0.050%$490.5M$816.7M75xas long as short
MEXC BNB_USDTlong+0.0067%8h787.70long leg$81.0M$12.0M200x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h787.09−0.077%$68.9M$51.1M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.56−0.145%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.87−0.106%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h786.58−0.142%$265K$471K50x
Nado BNB-PERP+0.0100%1h786.15−0.197%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h786.91−0.100%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.69−0.128%$138.5M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.152%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h786.80−0.114%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.75−0.121%$37.1M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.47−0.156%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.41−0.164%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h786.52−0.150%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.76−0.120%$4.1M$75.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.43−0.161%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.50−0.152%$131K$949K10xas long as short
Derive BNB-PERP+0.0100%1h786.74−0.122%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.25−0.057%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.70−0.127%$387K$986K10xas long as short
HTX BNB-USDT+0.0100%8h786.98−0.092%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.06−0.081%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.44−0.160%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.54−0.147%$378K$110K10xas long as short
Hyperliquid BNB+0.0129%1h787.35−0.044%$51.5M$17.6M10xas long as short
Kalshi KXBNBPERP+0.0134%8h787.40−0.038%$170K$2.7M4.8xas long as short
Phoenix BNB+0.0135%1h787.01−0.088%$169K$35K10xas long as short
Backpack BNB_USDC_PERP+0.0172%1h787.13−0.072%$2.2M$6.1M40xas long as short
BloFin BNB-USDT+0.0187%8h787.17−0.067%$17.8M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.42−0.163%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.27−0.055%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0272%1h787.27−0.055%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.95−0.095%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0322%1h786.41−0.164%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20−0.063%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h786.87−0.106%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h787.52−0.023%$67K$39K12xas long as short