BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −11.0% APRnext payment −$1.00 per $10,000 · paid last 24h −0.035%

Price spread now: GRVT against Aster−0.152%70s7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$190.185% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.150%+$15 · spread now −0.152%, 7d avg +0.010%

Together, before fees+0.214%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.162% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	806.29	0.0100	pay 0.0100% / 8h	1h 56m	$6.4M	$18.8M	200x
Short	GRVT BNB_USDT_Perp	805.06	0	get 0.0000% / 8h	1h 56m	$3.0M	$29.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee GRVTbpOrdersPrice spread, now −0.152%Rate

Funding earned: −$21.05
Price spread: −0.152% → +0.010%: −$16.19
Slippage, 4 orders: −$1.52
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$55.77
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; GRVT: live order book, 3 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 Aster live order book, 3 min ago	0.06 bp	5.2 bp −$5	6.0 bp −$60	19.8 bp −$1,980	doesn't fit
Sell GRVT live order book, 3 min ago	0.06 bp	4.6 bp −$5	5.7 bp −$57	doesn't fit	doesn't fit

BNB on 46 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 −0.0195% / S +0.0371%	1h	805.56	−0.090%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.36	+0.009%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perpshort	0.0000%	8h	805.06	−0.152%	$3.0M	$29.5M	10x
Kalshi KXBNBPERP	0.0000%	8h	805.30	−0.123%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.39	−0.236%	$869K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.66	−0.078%	$9.8M	—	150x	as long as short
Hibachi BNB/USDT-P	+0.0008%	1h	804.69	−0.198%	$71K	$48K	12x	as long as short
Variational Omni BNB	+0.0047%	8h	804.12	−0.269%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0056%	8h	805.31	−0.122%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0080%	8h	805.40	−0.110%	$139.4M	$82.0M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	806.18	−0.014%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	804.54	−0.217%	$607K	$880K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.67	−0.077%	$1.5M	$2.8M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	806.28	−0.001%	$51.9M	$22.0M	10x	as long as short
Pacifica BNB	+0.0100%	1h	805.95	−0.042%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.50	−0.098%	$55.2M	$116.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	806.20	−0.011%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.55	−0.092%	$36.2M	$57.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.53	−0.094%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.25	−0.129%	$79.0M	$24.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.99	−0.161%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.23	−0.131%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.61	−0.084%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.67	−0.077%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.90	−0.048%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	804.87	−0.177%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	804.80	−0.185%	$396K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	805.27	−0.126%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.61	−0.208%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.29	0.000%	$79K	$19K	50x	as long as short
Aster BNBUSDTlong	+0.0100%	8h	806.29	long leg	$6.4M	$18.8M	200x
Extended BNB-USD	+0.0104%	1h	805.42	−0.108%	$1.9M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.87	−0.052%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0116%	8h	806.60	+0.038%	$84.6M	$13.3M	200x	as long as short
Binance BNBUSDT	+0.0116%	8h	806.28	−0.001%	$520.6M	$805.6M	75x	as long as short
Phoenix BNB	+0.0125%	1h	805.17	−0.139%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0140%	1h	805.79	−0.062%	$162K	$63K	10x	as long as short
Phemex BNBUSDT	+0.0140%	8h	804.93	−0.169%	$70.2M	$51.8M	50x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	804.83	−0.180%	$2.5M	$927K	50x	as long as short
BloFin BNB-USDT	+0.0236%	8h	805.52	−0.095%	$18.9M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0273%	1h	805.26	−0.128%	$650K	$14K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.149%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	806.04	−0.031%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	805.33	−0.119%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	806.51	+0.027%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0649%	1h	806.28	−0.001%	$3.0M	$5.5M	40x	as long as short