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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRnext payment $0.27 per $10,000 · paid last 24h −0.061%
Price spread now: ApeX Omni against 01 Exchange−0.224%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.224% cheaper against 01 Exchange than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD789.990.0312pay 0.0039% / 1h52m 47s$28K$4K10x
ShortApeX Omni BNBUSDT788.220.0100get 0.0013% / 1h52m 47s$158K$439K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
−$44.52
Price spread: −0.224% → 0.000%
−$22.41
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.93
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 10 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 10 min ago6.20 bp11.6 bp −$1232.7 bp −$327doesn't fitdoesn't fit
01 Exchange: 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 45 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 −0.0167% / S +0.0335%1h789.57−0.054%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.63−0.172%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.27−0.091%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.71−0.035%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.911%$19K$789K30xas long as short
Aster BNBUSDT+0.0037%8h790.56+0.072%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.66−0.042%$619K$1.8M50xas long as short
BingX BNB-USDT+0.0054%8h790.08+0.011%$34.5Mas long as short
Variational Omni BNB+0.0066%8h789.32−0.085%$4.1M$4.8Mas long as short
Phemex BNBUSDT+0.0067%8h790.33+0.043%$69.2M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0069%8h790.90+0.115%$80.6M$12.4M200xas long as short
Binance BNBUSDT+0.0070%8h790.68+0.088%$494.6M$808.8M75xas long as short
Gate BNB_USDT+0.0080%8h789.90−0.011%$35.3M$56.4M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.71−0.036%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.08+0.012%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.77−0.028%$382K$380K50xas long as short
Nado BNB-PERP+0.0100%1h788.90−0.138%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.57+0.073%$51.8M$18.4M10xas long as short
Pacifica BNB+0.0100%1h789.34−0.082%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h790.00+0.001%$138.8M$77.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.90−0.011%$53.5M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h789.50−0.062%$52K$130K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.78−0.027%$27.8M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.80−0.024%$77.0M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.19+0.025%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.90−0.138%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h788.22−0.224%$158K$439K50x
Polymarket Perps BNB-USD+0.0100%1h789.21−0.099%$137K$945K10xas long as short
Derive BNB-PERP+0.0100%1h789.96−0.004%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.87−0.015%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.41−0.074%$8.1M$9.0M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h789.990.000%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.70−0.036%$1.8M$5.9M50xas long as short
GRVT BNB_USDT_Perp+0.0104%8h788.27−0.217%$2.9M$27.9M10xas long as short
Aevo BNB-PERP+0.0104%1h789.93−0.007%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h789.07−0.116%$170K$35K10xas long as short
SoDEX BNB-USD+0.0144%1h789.90−0.011%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0175%8h789.80−0.024%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0222%1h788.95−0.132%$160K$64K10xas long as short
01 Exchange BNBUSDlong+0.0312%1h789.99long leg$28K$4K10x
Reya BNBRUSDPERP+0.0328%1h789.05−0.119%$6K$3K40xas long as short
Bulk BNB-USD+0.0340%1h789.39−0.076%$639K$13K10xas long as short
RISEx BNB/USDC+0.0361%1h789.66−0.042%$1.1M$1.1M20xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h790.29+0.038%$1.5M$160K25xas long as short
Hibachi BNB/USDT-P+0.0552%1h789.01−0.124%$67K$39K12xas long as short