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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.9% APRnext payment +$1.54 per $10,000 · paid last 24h +0.045%
Price spread now: BloFin against BingX+0.049%51s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as 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−$260.257% of the position
Long on BingXShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.049%, 7d avg +0.075%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against BingX than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.075%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC803.000.0068pay 0.0068% / 8h2h 44m—$13.3M—
ShortBloFin BNB-USDT803.390.0222get 0.0222% / 8h2h 44m$18.8M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$32.44
Price spread: +0.049% → +0.075%
−$2.66
Slippage, 4 orders
−$3.7
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$4.08
Costs to cover
0.257%
Break-even
6.1 days
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago0.25 bp5.2 bp −$57.4 bp −$7416.4 bp −$1,64355.8 bp −$27.9K
Sell BloFin live order book, 5 min ago0.13 bp6.6 bp −$79.1 bp −$9114.9 bp −$1,488doesn't fit

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%1h802.78−0.027%$48K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.000.000%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.06+0.007%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20+0.025%$122K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.70+0.087%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.91−0.011%$9.8M—150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.76−0.029%$2.5M$910K50xas long as short
Variational Omni BNB+0.0059%8h802.25−0.093%$4.1M$5.3M—as long as short
BingX BNB-USDClong+0.0068%8h803.00long leg—$13.3M—
Aster BNBUSDT+0.0086%8h803.55+0.069%$6.4M$18.8M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.123%$608K$888K50xas long as short
Bybit BNBUSDT+0.0089%8h802.30−0.087%$138.7M$82.6M75xas long as short
Lighter BNB+0.0096%1h803.000.000%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.49−0.064%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.91−0.011%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.037%$54.9M$115.1M50xas long as short
Arcus BNB-USD+0.0100%1h803.000.000%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.70−0.037%$36.0M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.76−0.030%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.61−0.049%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.30+0.038%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.77−0.029%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.84−0.020%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.91−0.011%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.02+0.003%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.58+0.072%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.34+0.043%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.000.000%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.51+0.064%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.90+0.112%$84.4M$13.5M200xas long as short
Binance BNBUSDT+0.0103%8h803.48+0.060%$518.3M$803.5M75xas long as short
SoDEX BNB-USD+0.0104%1h802.90−0.012%$395K$1.0M10xas long as short
Extended BNB-USD+0.0104%1h802.51−0.061%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.98−0.003%$386K$40K10xas long as short
Phemex BNBUSDT+0.0119%8h803.41+0.051%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h802.98−0.002%$173K$35K10xas long as short
Hyperliquid BNB+0.0156%1h803.53+0.066%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.056%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h803.11+0.013%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0221%1h803.000.000%$170K$55K10xas long as short
BloFin BNB-USDTshort+0.0222%8h803.39+0.049%$18.8M$3.0M75x
Hibachi BNB/USDT-P+0.0240%1h802.80−0.025%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0312%1h803.59+0.073%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.69−0.039%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.239%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0697%1h803.77+0.096%$3.0M$5.3M40xas long as short