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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0144%/8h= −15.7% APRnext payment $0.18 per $10,000 · paid last 24h +0.035%
Price spread now: dYdX against RISEx+0.027%55s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.711% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.252%+$25 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.027%, 7d avg −0.022%
Together, before fees+0.331%+$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.049% dearer against RISEx than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.022%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 4 days funding on this pair paid +0.252%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC787.270.0355pay 0.0044% / 1h21m 05s$1.1M$887K20x
ShortdYdX BNB-USD787.480.0211get 0.0026% / 1h21m 05s$158K$65K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$30.18
Price spread: +0.027% → −0.022%
$4.89
Slippage, 4 orders
−$55.12
Fee RISEx: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$96.41
Costs to cover
0.711%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; dYdX: live order book, 13 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 ago0.63 bp3.6 bp −$47.6 bp −$76doesn't fitdoesn't fit
Sell dYdX live order book, 13 min ago12.64 bp34.7 bp −$3574.8 bp −$74894.9 bp −$9,491292.7 bp −$146.4K

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 −0.0166% / S +0.0337%1h787.89+0.079%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.66+0.050%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h788.03+0.097%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h786.95−0.040%$3.0M$27.0M10xas long as short
StandX BNB-USD0.0000%1h787.59+0.041%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.12−0.019%$9.5M150xas long as short
Aster BNBUSDT+0.0018%8h788.25+0.124%$6.0M$18.2M200xas long as short
BingX BNB-USDT+0.0028%8h788.20+0.118%$22.1Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.264%$19K$789K30xas long as short
MEXC BNB_USDT+0.0035%8h789.70+0.309%$82.9M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0035%8h788.11+0.107%$489.3M$805.1M75xas long as short
Lighter BNB+0.0096%1h788.10+0.105%$2.7M$3.7M20xas long as short
Nado BNB-PERP+0.0100%1h787.15−0.015%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.52+0.159%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.40+0.017%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h787.48+0.027%$138.7M$72.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40+0.017%$53.5M$109.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.50+0.029%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h788.05+0.099%$39.7M$56.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.69+0.053%$27.8M$9.9M75xas long as short
Bitget BNBUSDT+0.0100%8h787.28+0.001%$75.5M$32.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.36+0.138%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.60−0.467%$4.3M$5.0Mas long as short
edgeX BNBUSDC+0.0100%4h786.58−0.088%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.61−0.084%$158K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.39+0.015%$132K$922K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.11+0.107%$265K$357K50xas long as short
Derive BNB-PERP+0.0100%1h784.27−0.382%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.59+0.167%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.20+0.118%$388K$940K10xas long as short
HTX BNB-USDT+0.0100%8h787.48+0.026%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.55+0.035%$78K$47K50xas long as short
Extended BNB-USD+0.0104%1h787.71+0.056%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h787.92+0.083%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0109%8h788.50+0.156%$160K$2.6M4.8xas long as short
Phemex BNBUSDT+0.0109%8h788.52+0.159%$68.6M$51.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h787.14−0.017%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h785.71−0.198%$158K$38K10xas long as short
BloFin BNB-USDT+0.0142%8h788.51+0.158%$17.9M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h788.46+0.152%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0200%1h784.80−0.314%$636K$63010xas long as short
dYdX BNB-USDshort+0.0211%1h787.48+0.027%$158K$65K10x
01 Exchange BNBUSD+0.0232%1h787.91+0.081%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h787.52+0.031%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0355%1h787.27long leg$1.1M$887K20x
Hibachi BNB/USDT-P+0.0408%1h787.26−0.001%$67K$39K12xas long as short