BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.015%

Price spread now: MEXC against BingX+0.047%7-day average +0.200% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days+0.160%+$16 · spread now +0.047%, 7d avg +0.200%

Together, before fees+0.146%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.153% cheaper against BingX than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.200%). If the spread goes back, that is −$15 on $10k: about 37 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	790.13	0.0056	pay 0.0056% / 8h	4h 52m	—	$13.4M	—
Short	MEXC BNB_USDT	790.50	0.0070	get 0.0070% / 8h	4h 52m	$80.2M	$12.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.047%Rate

Funding earned: $2.94
Price spread: +0.047% → +0.200%: −$15.35
Slippage, 4 orders: −$6.24
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$32.64
Costs to cover: 0.202%
Break-even: 84.7 days

Slippage from BingX: live order book, 1 min ago; MEXC: 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 BingX live order book, 1 min ago	0.25 bp	7.0 bp −$7	11.4 bp −$114	23.8 bp −$2,380	68.2 bp −$34.1K
Sell MEXC live order book, 2 min ago	1.26 bp	3.9 bp −$4	6.7 bp −$67	16.2 bp −$1,625	31.6 bp −$15.8K

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 −0.0183% / S +0.0348%	1h	789.59	−0.068%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.04	−0.011%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	791.25	+0.142%	$855K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.65	−0.060%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.893%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0046%	8h	790.30	+0.022%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDClong	+0.0056%	8h	790.13	long leg	—	$13.4M	—
Coinbase International BNB-PERP-INTX	+0.0064%	1h	790.64	+0.065%	$583K	$1.9M	50x	as long as short
Phemex BNBUSDT	+0.0068%	8h	790.26	+0.016%	$69.2M	$49.9M	50x	as long as short
Binance BNBUSDT	+0.0069%	8h	790.17	+0.005%	$493.1M	$789.5M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDTshort	+0.0070%	8h	790.50	+0.047%	$80.2M	$12.2M	200x
Lighter BNB	+0.0096%	1h	789.84	−0.037%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.65	−0.061%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	790.05	−0.010%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.30	+0.022%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	790.16	+0.004%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.43	−0.089%	$138.9M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.50	−0.080%	$53.4M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.80	−0.042%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.60	−0.067%	$35.4M	$56.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.55	−0.073%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.28	−0.108%	$76.4M	$30.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.37	+0.030%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	790.82	+0.087%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	791.43	+0.164%	$4.1M	$74.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.18	+0.006%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.60	−0.067%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.75	−0.048%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.13	+0.001%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.90	−0.029%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.76	+0.080%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.37	+0.031%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.14	−0.126%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.65	−0.061%	$379K	$110K	10x	as long as short
dYdX BNB-USD	+0.0114%	1h	789.76	−0.047%	$160K	$64K	10x	as long as short
Phoenix BNB	+0.0117%	1h	791.15	+0.129%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0136%	8h	790.47	+0.043%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0184%	8h	790.70	+0.072%	$113K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0190%	8h	791.19	+0.134%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	790.12	−0.001%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.44	−0.087%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0296%	1h	791.64	+0.191%	$641K	$9K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.06	−0.009%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	789.35	−0.098%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.89	−0.030%	$1.1M	$975K	20x	as long as short
Hibachi BNB/USDT-P	+0.0544%	1h	790.81	+0.086%	$68K	$38K	12x	as long as short