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

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.128%90s7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.325% of the position
Long on OKXShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.128%, 7d avg +0.093%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.035% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.093%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP786.800.0100pay 0.0100% / 8h2h 50m$53.4M$111.8M50x
ShortApeX Omni BNBUSDT787.810.0100get 0.0013% / 1h50m 03s$159K$439K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$0
Price spread: +0.128% → +0.093%
$3.53
Slippage, 4 orders
−$12.45
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$28.92
Costs to cover
0.325%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 63 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 OKX live order book, 4 min ago0.63 bp5.6 bp −$67.4 bp −$7422.1 bp −$2,209doesn't fit
Sell ApeX Omni live order book, 63 min ago4.81 bp10.6 bp −$1132.6 bp −$326doesn'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 −0.0192% / S +0.0356%1h787.28+0.062%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.68+0.112%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.06+0.160%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.31+0.064%$9.5M—150xas long as short
Aster BNBUSDT+0.0028%8h787.65+0.108%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.325%$19K$789K30xas long as short
BingX BNB-USDT+0.0038%8h787.17+0.047%—$22.2M—as long as short
MEXC BNB_USDT+0.0050%8h788.00+0.153%$79.9M$11.8M200xas long as short
Binance BNBUSDT+0.0051%8h787.52+0.092%$490.6M$804.9M75xas long as short
Phemex BNBUSDT+0.0055%8h787.59+0.100%$68.9M$50.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0061%1h787.06+0.033%$159K$61K10xas long as short
Kraken Futures PF_BNBUSD+0.0069%1h786.98+0.023%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46+0.084%$578K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.14+0.043%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.23+0.055%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.45+0.083%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.48+0.086%$51.6M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.78+0.125%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00+0.025%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h786.80long leg$53.4M$111.8M50x
Arcus BNB-USD+0.0100%1h787.60+0.102%$52K$134K10xas long as short
Gate BNB_USDT+0.0100%8h787.00+0.025%$36.2M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.18+0.048%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.08+0.036%$76.2M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.39+0.075%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11+0.040%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h787.81+0.129%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h787.81+0.128%$159K$439K50x
Polymarket Perps BNB-USD+0.0100%1h787.35+0.070%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.39+0.075%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.14+0.170%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.10+0.038%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.88+0.138%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.99+0.024%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.29+0.062%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.41+0.078%$169K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h787.30+0.064%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0131%8h787.90+0.140%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.85+0.133%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0197%8h788.13+0.168%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.63+0.105%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.174%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0320%1h788.18+0.175%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.30+0.064%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h787.82+0.129%$1.1M$908K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h787.89+0.139%$67K$39K12xas long as short