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−0.0197%/8h= −21.5% APRpaid last 24h −0.057%
Price spread now: Binance against 01 Exchange−0.041%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 Binance is 0.041% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 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 BNBUSD787.520.0240pay 0.0030% / 1h44m 57s$28K$3K10x
ShortBinance BNBUSDT787.200.0043get 0.0043% / 8h7h 44m$489.8M$813.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$41.28
Price spread: −0.041% → 0.000%
−$4.06
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.35
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 14 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 Binance live order book, 14 min ago0.83 bp5.9 bp −$66.2 bp −$6211.9 bp −$1,19038.6 bp −$19.3K
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 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 −0.0168% / S +0.0337%1h786.66−0.109%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.29−0.029%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h786.58−0.119%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.49−0.004%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h787.89+0.047%$850K$2.7M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h787.04−0.061%$1.5M$141K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.63−0.113%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h787.30−0.027%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.231%$19K$789K30xas long as short
BingX BNB-USDC+0.0036%8h786.99−0.067%$13.4Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDTshort+0.0043%8h787.20−0.041%$489.8M$813.0M75x
MEXC BNB_USDT+0.0044%8h788.30+0.099%$82.0M$12.1M200xas long as short
dYdX BNB-USD+0.0090%1h787.07−0.058%$157K$64K10xas long as short
Lighter BNB+0.0096%1h786.82−0.089%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h786.85−0.085%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.25−0.034%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.28−0.031%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h786.58−0.119%$138.5M$73.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.130%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.20−0.041%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h786.75−0.098%$39.2M$55.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.51−0.128%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.37−0.146%$75.4M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.03−0.062%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.82−0.089%$4.3M$4.9Mas long as short
edgeX BNBUSDC+0.0100%4h787.45−0.009%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.37−0.019%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.10−0.053%$132K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.76−0.097%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h787.23−0.037%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.47−0.006%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.80−0.091%$387K$948K10xas long as short
HTX BNB-USDT+0.0100%8h787.23−0.037%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.520.000%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.29−0.156%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h786.65−0.110%$378K$110K10xas long as short
Phemex BNBUSDT+0.0106%8h787.34−0.023%$68.6M$51.1M50xas long as short
Kalshi KXBNBPERP+0.0114%8h787.40−0.015%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59−0.118%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h787.48−0.005%$158K$38K10xas long as short
BloFin BNB-USDT+0.0163%8h787.48−0.005%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0215%1h787.68+0.020%$638K$83110xas long as short
01 Exchange BNBUSDlong+0.0240%1h787.52long leg$28K$3K10x
Reya BNBRUSDPERP+0.0319%1h786.71−0.103%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h787.29−0.029%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h787.30−0.027%$67K$39K12xas long as short