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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0256%/8h= −28.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.068%
Price spread now: Coinbase International against 01 Exchange−0.030%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 3 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 −$8 a day on $10k at the current rate, and Coinbase International is 0.030% cheaper against 01 Exchange than usual: you would sell low and buy high (−$3 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 BNBUSD805.390.0344pay 0.0043% / 1h6m 53s$28K$1K10x
ShortCoinbase International BNB-PERP-INTX805.150.0088get 0.0011% / 1h6m 53s$608K$881K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$53.76
Price spread: −0.030% → 0.000%
−$2.98
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$73.74
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 16 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 Coinbase International live order book, 16 min ago2.42 bp8.8 bp −$915.0 bp −$150doesn'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 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%1h804.33−0.132%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.11−0.035%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.17−0.027%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.10−0.036%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.76−0.078%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.40−0.122%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.15−0.154%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.094%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h804.59−0.099%$13.3Mas long as short
Bybit BNBUSDT+0.0080%8h803.90−0.185%$139.5M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTXshort+0.0088%1h805.15−0.030%$608K$881K50x
Lighter BNB+0.0096%1h804.39−0.125%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h804.95−0.054%$6.4M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h804.23−0.144%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.82−0.071%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.10−0.160%$55.1M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h805.00−0.048%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.00−0.173%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.20−0.148%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h803.87−0.189%$78.9M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.38−0.002%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.81−0.072%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.38−0.125%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.38−0.125%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.58−0.101%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.05−0.042%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.85−0.067%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90−0.061%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.30−0.011%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h803.85−0.192%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h804.49−0.111%$386K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.10−0.036%$84.5M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h804.90−0.061%$520.0M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.029%$173K$35K10xas long as short
Phemex BNBUSDT+0.0137%8h804.88−0.063%$70.2M$51.8M50xas long as short
SoDEX BNB-USD+0.0191%1h804.30−0.135%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0203%1h804.69−0.087%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h804.86−0.066%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0235%8h805.16−0.029%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0237%1h804.86−0.066%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h804.99−0.049%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37−0.002%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.08−0.162%$6K$3K40xas long as short
01 Exchange BNBUSDlong+0.0344%1h805.39long leg$28K$1K10x
Injective BNB/USDC PERP+0.0353%1h804.89−0.062%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h805.27−0.015%$3.0M$5.5M40xas long as short