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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0218%/8h= −23.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.017%
Price spread now: Derive against RISEx+0.011%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC799.860.0318pay 0.0040% / 1h4m 48s$1.1M$1.4M20x
ShortDerive BNB-PERP799.950.0100get 0.0013% / 1h4m 48s$32K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$45.86
Price spread: +0.011% → 0.000%
$1.1
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Derive: 3 bp × 2 orders
−$6
Net
−$56.76
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; Derive: 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 RISEx live order book, 4 min ago0.63 bp3.6 bp −$47.9 bp −$79doesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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%1h799.71−0.019%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.06+0.025%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.052%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h799.92+0.008%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.71−0.019%$9.7M150xas long as short
Variational Omni BNB+0.0028%8h798.74−0.140%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h799.79−0.009%$13.3Mas long as short
Bybit BNBUSDT+0.0065%8h799.70−0.020%$139.0M$78.7M75xas long as short
Lighter BNB+0.0096%1h800.37+0.064%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h799.17−0.086%$605K$994K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0097%8h800.68+0.102%$6.3M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h799.54−0.040%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.12+0.033%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.80−0.007%$54.6M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h800.00+0.018%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.70−0.020%$35.7M$59.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.64−0.027%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.83−0.004%$80.7M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.61−0.032%$4.2M$77.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.21+0.044%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.78−0.010%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.77−0.011%$386K$489K50xas long as short
Derive BNB-PERPshort+0.0100%1h799.95+0.011%$32K$5K10x
SunX BNB-USDT+0.0100%8h800.36+0.063%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.90+0.005%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.38−0.060%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.58+0.090%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.51−0.043%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.78−0.010%$384K$40K10xas long as short
Kalshi KXBNBPERP+0.0107%8h800.30+0.055%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0116%8h800.90+0.130%$83.2M$13.9M200xas long as short
Binance BNBUSDT+0.0117%8h800.62+0.095%$500.8M$818.2M75xas long as short
Phemex BNBUSDT+0.0118%8h800.33+0.059%$70.0M$51.1M50xas long as short
Phoenix BNB+0.0155%1h800.03+0.021%$172K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.53−0.042%$2.6M$965K50xas long as short
Hibachi BNB/USDT-P+0.0224%1h799.23−0.079%$71K$48K12xas long as short
BloFin BNB-USDT+0.0237%8h800.44+0.073%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.043%$650K$21K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.24+0.047%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.654%$19K$789K30xas long as short
Hyperliquid BNB+0.0317%1h800.87+0.126%$51.8M$21.6M10xas long as short
RISEx BNB/USDClong+0.0318%1h799.86long leg$1.1M$1.4M20x
01 Exchange BNBUSD+0.0320%1h800.44+0.073%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.42−0.055%$6K$3K40xas long as short
dYdX BNB-USD+0.0359%1h799.99+0.016%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0563%1h800.58+0.090%$2.7M$5.7M40xas long as short