Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.013%
Price spread now: HTX against BingX+0.192%52s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as 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−$350.351% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.506%−$51 · spread now +0.192%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.216% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 52 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 | BingX BNB-USDC | 785.73 | 0.0033 | pay 0.0033% / 8h | 3h 09m | — | $13.4M | — |
| Short | HTX BNB-USDT | 787.24 | 0.0100 | get 0.0100% / 8h | 3h 09m | $8.1M | $9.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BingX. 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
- $14.07
- Price spread: +0.192% → −0.024%
- $21.61
- Slippage, 4 orders
- −$13.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $0.59
- Costs to cover
- 0.351%
- Break-even
- 6.7 days
Slippage from BingX: live order book, 14 min ago; HTX: live order book, 5 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, 14 min ago | 0.25 bp | 7.0 bp −$7 | 10.5 bp −$105 | 21.3 bp −$2,133 | 68.0 bp −$34.0K |
| Sell HTX live order book, 5 min ago | 2.46 bp | 9.2 bp −$9 | 13.7 bp −$137 | 82.6 bp −$8,263 | 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 −0.0192% / S +0.0356% | 1h | 785.53 | −0.026% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0125% | 1h | 786.43 | +0.089% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.35 | +0.206% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.70 | +0.123% | $123K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.52 | +0.228% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.63 | −0.012% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0021% | 8h | 786.22 | +0.062% | $6.1M | $18.8M | 200x | as long as short |
| BingX BNB-USDClong | +0.0033% | 8h | 785.73 | long leg | — | $13.4M | — | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.464% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0040% | 8h | 786.90 | +0.149% | $68.8M | $50.8M | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0041% | 8h | 786.60 | +0.111% | $79.7M | $12.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0041% | 8h | 786.17 | +0.056% | $489.4M | $803.8M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.289% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0078% | 1h | 785.90 | +0.022% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.256% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.45 | +0.091% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.58 | −0.019% | $264K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | +0.066% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.36 | +0.080% | $51.6M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.29 | +0.072% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.42 | −0.039% | $138.0M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.40 | −0.042% | $53.3M | $111.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | +0.047% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.60 | −0.017% | $36.1M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.48 | −0.032% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.37 | −0.046% | $76.0M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.82 | +0.139% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.162% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.257% | $4.1M | $74.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.52 | +0.228% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.85 | +0.015% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.63 | −0.013% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.36 | +0.208% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.50 | +0.098% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDTshort | +0.0100% | 8h | 787.24 | +0.192% | $8.1M | $9.7M | 75x | |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.76 | +0.131% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.49 | −0.030% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.61 | −0.015% | $377K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 787.93 | +0.280% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0178% | 8h | 787.99 | +0.288% | $2.9M | $28.7M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.69 | +0.122% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.274% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.38 | +0.083% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 785.40 | −0.043% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.13 | +0.052% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 786.29 | +0.071% | $67K | $39K | 12x | as long as short |
BingX BNB-USDC
HTX BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
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
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Paradex BNB-USD-PERP
Extended BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
RISEx BNB/USDC