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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Orderly+0.241%7-day average +0.038% · 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)−0.207%−$21 · spread now +0.241%, 7d avg +0.038%
Together, before fees−0.207%+ Points / potential airdropedgeX: Active · farm board−$21 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: edgeX is 0.203% dearer against Orderly than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC783.430.0100pay 0.0100% / 8h2h 27m$264K$489K50x
ShortedgeX BNBUSDC785.320.0100get 0.0050% / 4h2h 27m$4.1M$75.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.241% → +0.038%
$20.28
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$5.29
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago2.55 bp7.0 bp −$77.0 bp −$7010.4 bp −$1,044doesn'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 −0.0192% / S +0.0356%1h783.15−0.035%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.20+0.098%$4K$4225xas long as short
StandX BNB-USD0.0000%1h784.86+0.183%$846K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.37−0.008%$9.4M150xas long as short
Aster BNBUSDT+0.0031%8h784.16+0.093%$6.0M$18.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.765%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h783.51+0.010%$22.1Mas long as short
Phemex BNBUSDT+0.0054%8h784.04+0.078%$68.6M$50.5M50xas long as short
MEXC BNB_USDT+0.0054%8h784.50+0.137%$79.5M$11.9M200xas long as short
Binance BNBUSDT+0.0054%8h784.18+0.096%$488.5M$810.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h783.56+0.017%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h783.79+0.046%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h783.69+0.034%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h783.43long leg$264K$489K50x
Nado BNB-PERP+0.0100%1h783.75+0.041%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h784.38+0.121%$51.3M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.19+0.097%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h783.50+0.009%$137.7M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h783.40−0.004%$53.3M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h784.10+0.086%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h783.40−0.004%$36.3M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h783.32−0.014%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h783.06−0.047%$75.8M$30.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.46+0.131%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.13+0.089%$4.0M$4.8Mas long as short
edgeX BNBUSDCshort+0.0100%4h785.32+0.241%$4.1M$75.1M30x
ApeX Omni BNBUSDT+0.0100%1h785.72+0.292%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h783.67+0.031%$131K$954K10xas long as short
Derive BNB-PERP+0.0100%1h783.49+0.008%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.54+0.142%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h783.60+0.022%$385K$994K10xas long as short
HTX BNB-USDT+0.0100%8h783.45+0.002%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.22+0.101%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h783.03−0.051%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h783.73+0.038%$376K$110K10xas long as short
Phoenix BNB+0.0107%1h785.13+0.217%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0146%8h784.20+0.098%$154K$2.7M4.8xas long as short
dYdX BNB-USD+0.0162%1h784.37+0.120%$159K$61K10xas long as short
BloFin BNB-USDT+0.0174%8h784.07+0.082%$17.6M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0208%8h785.52+0.267%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0296%1h784.54+0.142%$28K$4K10xas long as short
Bulk BNB-USD+0.0298%1h785.69+0.288%$637K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h783.88+0.057%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h783.31−0.015%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h784.18+0.096%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0504%1h784.29+0.110%$67K$39K12xas long as short