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+0.0148%/8h= +16.2% APRpaid last 24h +0.055%
Price spread now: 01 Exchange against Orderly+0.078%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.078% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC784.650.0100pay 0.0100% / 8h8m 13s$264K$389K50x
Short01 Exchange BNBUSD785.260.0248get 0.0031% / 1h8m 13s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$31.08
Price spread: +0.078% → 0.000%
$7.77
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$25.85
Costs to cover
0.130%
Break-even
1.2 days
Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 Orderly no order-book sample
Sell 01 Exchange no order-book sample
Orderly and 01 Exchange: 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 −0.0168% / S +0.0337%1h784.61−0.005%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.95+0.038%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.53−0.016%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.10+0.057%$171K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.98+0.170%$848K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.61−0.005%$9.5M150xas long as short
Aster BNBUSDT+0.0032%8h785.16+0.065%$5.9M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.605%$19K$789K30xas long as short
BingX BNB-USDT+0.0038%8h784.72+0.009%$22.1Mas long as short
MEXC BNB_USDT+0.0048%8h785.80+0.147%$80.8M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.12+0.060%$488.1M$813.9M75xas long as short
Phemex BNBUSDT+0.0079%8h785.28+0.080%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.74+0.011%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.41+0.097%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.45−0.025%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.17+0.066%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.86+0.027%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.50−0.019%$138.0M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.40−0.032%$53.3M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h784.90+0.032%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.60−0.006%$38.4M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.26−0.050%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.17−0.061%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.07+0.054%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.650.000%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.41+0.097%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.04+0.050%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.49−0.020%$131K$942K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h784.65long leg$264K$389K50x
Derive BNB-PERP+0.0100%1h784.73+0.010%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.12+0.060%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.70+0.006%$386K$961K10xas long as short
HTX BNB-USDT+0.0100%8h784.79+0.018%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.29+0.082%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.27−0.049%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.67+0.002%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.03+0.048%$545K$1.9M50xas long as short
dYdX BNB-USD+0.0124%1h784.99+0.043%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.18+0.068%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h785.10+0.058%$1.5M$141K25xas long as short
GRVT BNB_USDT_Perp+0.0216%8h785.65+0.128%$2.9M$27.9M10xas long as short
Bulk BNB-USD+0.0237%1h785.14+0.062%$636K$83110xas long as short
01 Exchange BNBUSDshort+0.0248%1h785.26+0.078%$28K$4K10x
Reya BNBRUSDPERP+0.0320%1h784.34−0.040%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.02+0.047%$1.1M$922K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h784.99+0.043%$67K$39K12xas long as short