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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.027%
Price spread now: BloFin against Reya+0.131%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. BloFin is 0.131% dearer against Reya than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP797.450.0331pay 0.0041% / 1h48m 53s$6K$3K40x
ShortBloFin BNB-USDT798.500.0211get 0.0211% / 8h7h 48m$18.1M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Reya. 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
−$25.02
Price spread: +0.131% → 0.000%
$13.14
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.87
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 5 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 Reya no order-book sample
Sell BloFin live order book, 5 min ago0.63 bp7.2 bp −$78.1 bp −$8116.3 bp −$1,633doesn't fit
Reya: 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 −0.0201% / S +0.0372%1h797.88+0.053%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.90+0.057%$2.5M$980K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.25+0.100%$4K$23925xas long as short
Bybit BNBUSDT−0.0049%8h797.52+0.009%$138.5M$77.0M75xas long as short
BingX BNB-USDC−0.0030%8h797.96+0.064%$13.4Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.184%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.40+0.119%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.86+0.052%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.041%$4.1M$5.4Mas long as short
Gate BNB_USDT+0.0024%8h797.65+0.025%$35.7M$55.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.958%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.069%$601K$987K50xas long as short
Aster BNBUSDT+0.0069%8h798.40+0.118%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0071%8h798.46+0.126%$69.7M$50.6M50xas long as short
MEXC BNB_USDT+0.0091%8h798.70+0.157%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0091%8h798.46+0.127%$496.3M$817.1M75xas long as short
Lighter BNB+0.0096%1h798.13+0.085%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.158%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.24−0.027%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.93+0.060%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.70+0.031%$54.1M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h798.20+0.094%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.83+0.047%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.59+0.017%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.170%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.41+0.120%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.74+0.036%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.87+0.052%$386K$481K50xas long as short
Derive BNB-PERP+0.0100%1h798.02+0.071%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h797.92+0.059%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.20+0.094%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.14+0.086%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.68+0.154%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.32−0.017%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.02+0.196%$384K$108K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h797.85+0.050%$70K$36K12xas long as short
Kalshi KXBNBPERP+0.0154%8h798.20+0.094%$89K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.05+0.075%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.224%$649K$14K10xas long as short
BloFin BNB-USDTshort+0.0211%8h798.50+0.131%$18.1M$2.5M75x
01 Exchange BNBUSD+0.0216%1h798.50+0.131%$28K$1K10xas long as short
dYdX BNB-USD+0.0288%1h797.28−0.022%$161K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.42+0.121%$1.6M$160K25xas long as short
Reya BNBRUSDPERPlong+0.0331%1h797.45long leg$6K$3K40x
Hyperliquid BNB+0.0370%1h798.62+0.146%$53.2M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0386%1h798.65+0.150%$2.7M$5.7M40xas long as short