Funding you earn now, next payment 09:00 UTC+0.0255%/8h= +27.9% APRnext payment +$0.32 per $10,000 · paid last 24h +0.041%
Price spread now: RISEx against ApeX Omni−0.001%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 4 days (all we have)+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now −0.001%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.042% dearer against ApeX Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BNBUSDT | 788.39 | 0.0100 | pay 0.0013% / 1h | 2m 02s | $159K | $440K | 50x |
| Short | RISEx BNB/USDC | 788.38 | 0.0355 | get 0.0044% / 1h | 2m 02s | $1.1M | $890K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.45
- Price spread: −0.001% → −0.043%
- $4.17
- Slippage, 4 orders
- −$12.67
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $28.96
- Costs to cover
- 0.287%
- Break-even
- 3.2 days
Slippage from ApeX Omni: live order book, 30 min ago; RISEx: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 30 min ago | 5.29 bp | 10.3 bp −$10 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.76 bp | 3.8 bp −$4 | 6.7 bp −$67 | doesn't fit | doesn't fit |
BNB on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0166% / S +0.0336% | 1h | 787.31 | −0.137% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.40 | +0.001% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 787.35 | −0.133% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 788.32 | −0.009% | $2.9M | $26.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.93 | +0.068% | $851K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.41 | −0.124% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0010% | 8h | 787.95 | −0.056% | $6.0M | $17.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0023% | 8h | 787.64 | −0.095% | — | $22.2M | — | as long as short |
| Binance BNBUSDT | +0.0029% | 8h | 787.89 | −0.064% | $483.9M | $797.7M | 75x | as long as short |
| MEXC BNB_USDT | +0.0029% | 8h | 789.20 | +0.103% | $83.0M | $12.5M | 200x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.118% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0083% | 8h | 788.02 | −0.047% | $68.5M | $51.4M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.53 | −0.109% | $2.7M | $3.7M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.80 | −0.075% | $1.4M | $2.5M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.14 | −0.032% | $51.8M | $17.3M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.28 | −0.014% | $1.2M | $936K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.29 | −0.140% | $138.8M | $70.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.30 | −0.138% | $53.7M | $107.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.10 | −0.037% | $52K | $124K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.45 | −0.119% | $39.8M | $57.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.23 | −0.147% | $27.8M | $9.7M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.13 | −0.160% | $75.7M | $32.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.84 | −0.070% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.82 | −0.072% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.37 | −0.002% | $4.1M | $77.3M | 30x | as long as short |
| ApeX Omni BNBUSDTlong | +0.0100% | 1h | 788.39 | long leg | $159K | $440K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.58 | −0.103% | $130K | $917K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.47 | −0.117% | $264K | $304K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.99 | −0.051% | $12K | $1.4M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.50 | −0.113% | $387K | $939K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.89 | −0.063% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.46 | +0.008% | $88K | $192K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0104% | 8h | 788.30 | −0.011% | $161K | $2.6M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.04 | −0.171% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.34 | −0.133% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0117% | 8h | 788.60 | +0.027% | $17.6M | $2.3M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 788.70 | +0.039% | $551K | $2.0M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 788.52 | +0.016% | $158K | $38K | 10x | as long as short |
| Bulk BNB-USD | +0.0150% | 1h | 788.74 | +0.044% | $639K | $0 | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.86 | −0.067% | $1.5M | $138K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 788.17 | −0.028% | $28K | $3K | 10x | as long as short |
| dYdX BNB-USD | +0.0290% | 1h | 788.17 | −0.028% | $158K | $63K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0318% | 1h | 787.09 | −0.165% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDCshort | +0.0355% | 1h | 788.38 | −0.001% | $1.1M | $890K | 20x | |
| Hibachi BNB/USDT-P | +0.0424% | 1h | 788.33 | −0.008% | $67K | $39K | 12x | as long as short |
ApeX Omni BNBUSDT
RISEx BNB/USDC
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Binance BNBUSDT
MEXC BNB_USDT
Injective BNB/USDC PERP
Phemex BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Kalshi KXBNBPERP
Extended BNB-USD
BloFin BNB-USDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD