BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$1.44 per $10,000 · paid last 24h −0.038%

Price spread now: Aster against BloFin−0.104%92s7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as 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−$210.212% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.104%, 7d avg −0.003%

Together, before fees−0.091%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.101% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 92 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	BloFin BNB-USDT	786.34	0.0172	pay 0.0172% / 8h	2h 41m	$17.7M	$2.2M	75x
Short	Aster BNBUSDT	785.52	0.0028	get 0.0028% / 8h	2h 41m	$6.1M	$18.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$30.22
Price spread: −0.104% → −0.003%: −$10.08
Slippage, 4 orders: −$1.22
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$61.52
Costs to cover: 0.212%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Aster: 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 BloFin live order book, 2 min ago	0.13 bp	6.1 bp −$6	7.4 bp −$74	15.2 bp −$1,523	doesn't fit
Sell Aster live order book, 2 min ago	0.38 bp	4.5 bp −$5	5.8 bp −$58	19.8 bp −$1,978	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	785.21	−0.144%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	785.77	−0.072%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.38	+0.132%	$849K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.25	−0.139%	$9.5M	—	150x	as long as short
Aster BNBUSDTshort	+0.0028%	8h	785.52	−0.104%	$6.1M	$18.9M	200x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.384%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0041%	8h	785.07	−0.162%	—	$22.1M	—	as long as short
MEXC BNB_USDT	+0.0051%	8h	785.70	−0.081%	$79.6M	$11.8M	200x	as long as short
Binance BNBUSDT	+0.0052%	8h	785.46	−0.112%	$489.2M	$805.1M	75x	as long as short
Phemex BNBUSDT	+0.0053%	8h	785.87	−0.060%	$68.8M	$50.6M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0058%	1h	785.04	−0.165%	$159K	$61K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0069%	1h	785.23	−0.141%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.46	+0.142%	$578K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	785.24	−0.140%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	785.52	−0.104%	$264K	$489K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.20	−0.145%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.60	−0.094%	$51.5M	$17.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	785.17	−0.149%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.80	−0.196%	$137.7M	$74.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.80	−0.196%	$53.3M	$111.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	785.10	−0.158%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.80	−0.196%	$36.1M	$58.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.74	−0.203%	$27.5M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.59	−0.223%	$75.9M	$30.7M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	785.82	−0.066%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.41	+0.009%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.45	+0.141%	$4.1M	$74.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.06	+0.092%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.08	−0.160%	$131K	$951K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	785.67	−0.085%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	785.73	−0.078%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	785.50	−0.107%	$386K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.28	−0.134%	$8.0M	$9.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	785.27	−0.136%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.50	−0.234%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	785.44	−0.114%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	787.15	+0.103%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0135%	8h	786.20	−0.018%	$122K	$2.7M	4.8x	as long as short
BloFin BNB-USDTlong	+0.0172%	8h	786.34	long leg	$17.7M	$2.2M	75x
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	785.84	−0.064%	$1.5M	$143K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0202%	8h	787.62	+0.163%	$2.9M	$29.3M	10x	as long as short
Bulk BNB-USD	+0.0256%	1h	786.23	−0.014%	$637K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	785.40	−0.120%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	785.03	−0.167%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	785.23	−0.141%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	786.10	−0.030%	$67K	$39K	12x	as long as short