BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.83 per $10,000 · paid last 24h +0.016%

Price spread now: Binance against BingX+0.046%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$240.245% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.046%, 7d avg +0.093%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.047% cheaper against BingX than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.093%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	798.43	−0.0007	get 0.0007% / 8h	7h 20m	—	$13.4M	—
Short	Binance BNBUSDT	798.80	0.0076	get 0.0076% / 8h	7h 20m	$495.9M	$811.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.046%Rate

Funding earned: $17.47
Price spread: +0.046% → +0.093%: −$4.7
Slippage, 4 orders: −$4.46
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.69
Costs to cover: 0.245%
Break-even: 11.7 days

Slippage from BingX: live order book, 3 min ago; Binance: live order book, 9 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 BingX live order book, 3 min ago	0.31 bp	7.5 bp −$7	10.4 bp −$104	19.1 bp −$1,908	59.4 bp −$29.7K
Sell Binance live order book, 9 min ago	0.06 bp	5.1 bp −$5	7.2 bp −$72	20.4 bp −$2,042	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 −0.0159% / S +0.0335%	1h	798.39	−0.005%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.48	+0.006%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.54	+0.014%	$4K	$239	25x	as long as short
BingX BNB-USDClong	−0.0007%	8h	798.43	long leg	—	$13.4M	—
Gate BNB_USDT	−0.0002%	8h	798.25	−0.023%	$35.9M	$56.8M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.63	+0.276%	$3.0M	$27.7M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.19	+0.095%	$864K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0004%	8h	797.72	−0.089%	$4.1M	$5.0M	—	as long as short
Bybit BNBUSDT	+0.0006%	8h	798.35	−0.010%	$138.6M	$76.3M	75x	as long as short
Phemex BNBUSDT	+0.0006%	8h	799.12	+0.086%	$69.8M	$50.2M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.43	0.000%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.834%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.080%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0055%	8h	798.89	+0.058%	$6.2M	$19.4M	200x	as long as short
Binance BNBUSDTshort	+0.0076%	8h	798.80	+0.046%	$495.9M	$811.5M	75x
MEXC BNB_USDT	+0.0077%	8h	799.40	+0.121%	$83.1M	$13.7M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.74	+0.039%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.13	+0.088%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.85	−0.073%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.37	−0.008%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.50	+0.009%	$54.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.60	+0.021%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.47	+0.005%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.06	−0.046%	$78.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.04	+0.202%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.98	+0.194%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.15	−0.035%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.54	+0.014%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.64	+0.026%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.62	+0.024%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.70	+0.034%	$393K	$997K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.09	−0.042%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.75	+0.041%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.02	−0.051%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.57	+0.017%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	+0.106%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.26	−0.021%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0156%	8h	799.10	+0.084%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0197%	8h	798.81	+0.048%	$18.0M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	798.82	+0.049%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0201%	1h	798.40	−0.004%	$161K	$63K	10x	as long as short
Hibachi BNB/USDT-P	+0.0256%	1h	799.00	+0.072%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0299%	1h	799.29	+0.108%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	798.98	+0.069%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	797.86	−0.071%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0411%	1h	799.63	+0.150%	$2.7M	$5.7M	40x	as long as short