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−0.0094%/8h= −10.3% APRpaid last 24h −0.015%
Price spread now: Aster against RISEx−0.012%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.118%−$12 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.012%, 7d avg +0.084%
Together, before fees−0.071%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.096% cheaper against RISEx than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.084%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC799.280.0155pay 0.0019% / 1h31m 08s$1.1M$1.4M20x
ShortAster BNBUSDT799.190.0061get 0.0061% / 8h7h 31m$6.2M$19.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$19.71
Price spread: −0.012% → +0.084%
−$9.57
Slippage, 4 orders
−$1.88
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.16
Costs to cover
0.159%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; Aster: live order book, 3 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 RISEx live order book, 3 min ago0.69 bp3.7 bp −$48.4 bp −$84doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.25 bp4.3 bp −$45.4 bp −$5421.0 bp −$2,096doesn'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 −0.0159% / S +0.0334%1h798.89−0.050%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.75−0.067%$2.5M$965K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.47+0.023%$4K$23925xas long as short
BingX BNB-USDC−0.0057%8h798.88−0.051%$13.3Mas long as short
Bybit BNBUSDT−0.0022%8h798.50−0.098%$138.6M$75.0M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.97−0.039%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h798.57−0.089%$863K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.36+0.009%$69.8M$50.3M50xas long as short
Variational Omni BNB+0.0003%8h798.43−0.107%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.95−0.042%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.726%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.069%$602K$972K50xas long as short
Aster BNBUSDTshort+0.0061%8h799.19−0.012%$6.2M$19.2M200x
Binance BNBUSDT+0.0084%8h799.25−0.005%$496.2M$806.4M75xas long as short
MEXC BNB_USDT+0.0084%8h799.60+0.039%$83.1M$13.6M200xas long as short
Gate BNB_USDT+0.0089%8h798.65−0.079%$35.7M$56.2M75xas long as short
Lighter BNB+0.0096%1h798.98−0.038%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.20−0.011%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.65−0.079%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.22−0.008%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.60−0.086%$54.2M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.30+0.002%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.77−0.064%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.64−0.081%$78.8M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.05−0.029%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.10−0.023%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.88−0.051%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.86−0.053%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.99−0.036%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.42+0.017%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00−0.036%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.67−0.076%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.88+0.074%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.48−0.100%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.88−0.051%$384K$108K10xas long as short
Bulk BNB-USD+0.0127%1h799.69+0.050%$649K$10K10xas long as short
Kalshi KXBNBPERP+0.0153%8h799.40+0.014%$91K$2.8M4.8xas long as short
RISEx BNB/USDClong+0.0155%1h799.28long leg$1.1M$1.4M20x
Hibachi BNB/USDT-P+0.0168%1h798.62−0.083%$69K$37K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.34+0.007%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0204%8h799.42+0.017%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h799.71+0.053%$28K$1K10xas long as short
dYdX BNB-USD+0.0239%1h798.94−0.043%$161K$63K10xas long as short
Hyperliquid BNB+0.0308%1h799.54+0.032%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.56−0.091%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0394%1h799.50+0.027%$2.7M$5.6M40xas long as short