BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against Bitget+0.022%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.005%$0 · spread now +0.022%, 7d avg +0.016%

Together, before fees−0.071%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	805.32	0.0100	pay 0.0100% / 8h	1h 57m	$79.0M	$24.8M	75x
Short	Bybit BNBUSDT	805.50	0.0079	get 0.0079% / 8h	1h 57m	$139.4M	$82.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$4.44
Price spread: +0.022% → +0.016%: $0.67
Slippage, 4 orders: −$4.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.57
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Bybit: 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 Bitget live order book, 2 min ago	0.06 bp	7.1 bp −$7	11.1 bp −$111	20.7 bp −$2,071	doesn't fit
Sell Bybit live order book, 2 min ago	0.62 bp	7.0 bp −$7	9.3 bp −$93	24.0 bp −$2,397	144.2 bp −$72.1K

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	804.54	−0.097%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	804.54	−0.097%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.06	−0.032%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.30	−0.002%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.40	−0.114%	$869K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.66	−0.081%	$9.8M	—	150x	as long as short
Hibachi BNB/USDT-P	+0.0008%	1h	804.62	−0.087%	$71K	$48K	12x	as long as short
Variational Omni BNB	+0.0047%	8h	804.12	−0.149%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0056%	8h	805.35	+0.004%	—	$13.3M	—	as long as short
Bybit BNBUSDTshort	+0.0079%	8h	805.50	+0.022%	$139.4M	$82.0M	75x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	804.98	−0.042%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	804.54	−0.097%	$607K	$880K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	803.95	−0.170%	$1.4M	$2.8M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	805.89	+0.071%	$51.8M	$22.0M	10x	as long as short
Pacifica BNB	+0.0100%	1h	804.50	−0.102%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.70	+0.047%	$55.2M	$116.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	804.60	−0.089%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.60	+0.035%	$36.2M	$57.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.71	+0.048%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	805.32	long leg	$79.0M	$24.8M	75x
edgeX BNBUSDC	+0.0100%	4h	804.99	−0.041%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.23	−0.011%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	804.56	−0.094%	$116K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.84	−0.060%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.07	−0.031%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	804.87	−0.056%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	804.80	−0.065%	$396K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	805.27	−0.006%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.61	−0.088%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.02	−0.037%	$79K	$19K	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	806.06	+0.092%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	805.24	−0.010%	$1.9M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.89	−0.053%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0116%	8h	806.70	+0.171%	$84.7M	$13.3M	200x	as long as short
Binance BNBUSDT	+0.0116%	8h	806.40	+0.134%	$520.7M	$805.9M	75x	as long as short
Phoenix BNB	+0.0125%	1h	805.17	−0.019%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0140%	1h	804.85	−0.059%	$162K	$63K	10x	as long as short
Phemex BNBUSDT	+0.0140%	8h	804.93	−0.048%	$70.2M	$51.8M	50x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	804.83	−0.060%	$2.5M	$927K	50x	as long as short
BloFin BNB-USDT	+0.0236%	8h	805.52	+0.025%	$18.9M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0273%	1h	805.26	−0.007%	$650K	$14K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.029%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	804.51	−0.100%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	804.28	−0.129%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	805.15	−0.021%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0649%	1h	806.28	+0.119%	$3.0M	$5.5M	40x	as long as short