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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Orderly+0.056%7-day average +0.032% · 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 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.056%, 7d avg +0.032%
Together, before fees+0.111%+$11 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 0.023% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC788.940.0100pay 0.0100% / 8h4h 14m$265K$492K50x
ShortApeX Omni BNBUSDT789.380.0100get 0.0013% / 1h14m 57s$159K$441K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
$0.01
Price spread: +0.056% → +0.032%
$2.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$13.66
Costs to cover
0.160%
Break-even
9113.7 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 43 min ago. 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 Orderly no order-book sample
Sell ApeX Omni live order book, 43 min ago5.18 bp11.1 bp −$1134.0 bp −$340doesn't fitdoesn't fit
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 −0.0188% / S +0.0352%1h788.79−0.018%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.82−0.015%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.06+0.015%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.93−0.001%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.047%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h789.47+0.067%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0050%8h788.96+0.003%$34.4Mas long as short
Phemex BNBUSDT+0.0057%8h789.56+0.079%$69.1M$50.0M50xas long as short
MEXC BNB_USDT+0.0060%8h789.80+0.109%$80.1M$12.4M200xas long as short
Binance BNBUSDT+0.0060%8h789.40+0.058%$492.6M$789.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0064%1h789.45+0.065%$582K$1.9M50xas long as short
Lighter BNB+0.0096%1h789.10+0.020%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h788.94long leg$265K$492K50x
Nado BNB-PERP+0.0100%1h788.45−0.062%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.39+0.057%$51.8M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.940.000%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.70−0.030%$138.7M$74.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80−0.018%$53.4M$111.3M50xas long as short
Arcus BNB-USD+0.0100%1h789.10+0.020%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.75−0.024%$35.5M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.69−0.032%$28.1M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.55−0.049%$76.3M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.50+0.071%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.31−0.080%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.65+0.090%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h789.38+0.056%$159K$441K50x
Polymarket Perps BNB-USD+0.0100%1h788.80−0.018%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.07+0.016%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.43+0.062%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.10+0.020%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.65−0.036%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.13+0.025%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.54−0.051%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.07+0.016%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.14+0.025%$170K$35K10xas long as short
dYdX BNB-USD+0.0122%1h788.65−0.036%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0152%8h789.95+0.128%$2.9M$28.6M10xas long as short
Kalshi KXBNBPERP+0.0175%8h790.10+0.147%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0180%8h789.62+0.086%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0222%1h790.13+0.151%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h789.50+0.071%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h788.85−0.012%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.42+0.060%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.55−0.049%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0392%1h788.93−0.001%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h789.23+0.036%$1.1M$967K20xas long as short