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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: edgeX against SoDEX−0.108%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 3 days (all we have)+0.499%+$50 · spread now −0.108%, 7d avg +0.046%
Together, before fees+0.488%+ Points / potential airdropedgeX: Active · farm board+$49 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.154% cheaper against SoDEX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD806.200.0100pay 0.0013% / 1h31m 14s$397K$1.0M10x
ShortedgeX BNBUSDC805.330.0100get 0.0050% / 4h3h 31m$4.2M$76.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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
$0
Price spread: −0.108% → +0.046%
−$15.4
Slippage, 4 orders
−$6.42
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$38.83
Costs to cover
0.234%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; edgeX: 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 SoDEX live order book, 3 min ago0.62 bp4.8 bp −$58.8 bp −$8876.7 bp −$7,668doesn't fit
Sell edgeX live order book, 3 min ago2.48 bp7.0 bp −$77.0 bp −$7011.2 bp −$1,124doesn'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 −0.0195% / S +0.0371%1h806.03−0.021%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.42+0.027%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.11−0.136%$3.0M$29.8M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.50+0.037%$117K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.73−0.182%$870K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h806.16−0.005%$9.8M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h805.24−0.119%$609K$903K50xas long as short
Variational Omni BNB+0.0069%8h804.46−0.216%$4.1M$5.5Mas long as short
BingX BNB-USDT+0.0090%8h806.200.000%$34.4Mas long as short
Phemex BNBUSDT+0.0091%8h806.62+0.052%$70.4M$51.4M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0094%8h807.40+0.149%$84.7M$15.0M200xas long as short
Binance BNBUSDT+0.0094%8h806.74+0.066%$519.9M$807.0M75xas long as short
Aster BNBUSDT+0.0095%8h806.54+0.043%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h806.29+0.012%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.70−0.062%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.05−0.019%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h806.00−0.025%$139.4M$84.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.00−0.025%$55.2M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.10−0.012%$52K$222K10xas long as short
Bulk BNB-USD+0.0100%1h806.70+0.062%$652K$11K10xas long as short
Gate BNB_USDT+0.0100%8h805.95−0.031%$36.2M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.96−0.030%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.74−0.057%$79.1M$24.5M75xas long as short
edgeX BNBUSDCshort+0.0100%4h805.33−0.108%$4.2M$76.9M30x
ApeX Omni BNBUSDT+0.0100%1h805.27−0.115%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.90−0.037%$119K$876K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.14−0.007%$390K$596K50xas long as short
Derive BNB-PERP+0.0100%1h806.26+0.007%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.53+0.041%$13K$1.7M50xas long as short
SoDEX BNB-USDlong+0.0100%1h806.20long leg$397K$1.0M10x
HTX BNB-USDT+0.0100%8h805.93−0.033%$8.2M$7.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.56+0.045%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.87−0.041%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h806.26+0.007%$387K$40K10xas long as short
Phoenix BNB+0.0110%1h805.55−0.081%$173K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h806.23+0.004%$2.5M$915K50xas long as short
RISEx BNB/USDC+0.0143%1h806.17−0.003%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.728%$19K$423K30xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h806.56+0.044%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0214%8h806.78+0.072%$18.7M$3.0M75xas long as short
Hyperliquid BNB+0.0220%1h807.02+0.102%$51.8M$21.5M10xas long as short
Hibachi BNB/USDT-P+0.0224%1h805.97−0.029%$72K$48K12xas long as short
01 Exchange BNBUSD+0.0296%1h806.73+0.066%$29K$1K10xas long as short
Reya BNBRUSDPERP+0.0336%1h805.72−0.059%$6K$3K40xas long as short
dYdX BNB-USD+0.0388%1h805.88−0.039%$171K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0628%1h807.24+0.129%$3.0M$5.3M40xas long as short