BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0109%/8h= −11.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.038%

Price spread now: Bitget against BloFin−0.108%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.108%, 7d avg −0.127%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.127%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BNB-USDT	799.68	0.0209	pay 0.0209% / 8h	7h 41m	$18.1M	$2.5M	75x
Short	Bitget BNBUSDT	798.82	0.0100	get 0.0100% / 8h	7h 41m	$78.8M	$27.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$22.87
Price spread: −0.108% → −0.127%: $1.92
Slippage, 4 orders: −$1.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$46.86
Costs to cover: 0.259%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago	0.06 bp	6.7 bp −$7	7.6 bp −$76	9.1 bp −$907	doesn't fit
Sell Bitget live order book, 3 min ago	0.06 bp	6.4 bp −$6	9.8 bp −$98	doesn't fit	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 −0.0201% / S +0.0372%	1h	799.14	−0.068%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.01	−0.084%	$2.5M	$978K	50x	as long as short
BingX BNB-USDT	−0.0094%	8h	799.15	−0.066%	—	$35.2M	—	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.40	−0.035%	$4K	$239	25x	as long as short
Bybit BNBUSDT	−0.0065%	8h	798.90	−0.098%	$138.7M	$76.4M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.99	+0.038%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.60	+0.115%	$865K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	799.73	+0.006%	$69.9M	$50.5M	50x	as long as short
Variational Omni BNB	+0.0005%	8h	798.83	−0.107%	$4.1M	$5.3M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.11	−0.071%	$9.7M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.677%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.00	−0.210%	$601K	$979K	50x	as long as short
Aster BNBUSDT	+0.0069%	8h	799.57	−0.014%	$6.2M	$19.2M	200x	as long as short
Gate BNB_USDT	+0.0069%	8h	798.90	−0.098%	$35.7M	$56.0M	75x	as long as short
Binance BNBUSDT	+0.0089%	8h	799.63	−0.006%	$496.4M	$811.4M	75x	as long as short
MEXC BNB_USDT	+0.0089%	8h	800.00	+0.040%	$83.1M	$13.5M	200x	as long as short
Lighter BNB	+0.0096%	1h	799.35	−0.041%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.69	−0.124%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.95	−0.091%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.23	−0.056%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.90	−0.098%	$54.1M	$111.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.40	−0.035%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.02	−0.083%	$28.0M	$10.0M	75x	as long as short
Bitget BNBUSDTshort	+0.0100%	8h	798.82	−0.108%	$78.8M	$27.5M	75x
edgeX BNBUSDC	+0.0100%	4h	799.75	+0.009%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.20	−0.060%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.06	−0.078%	$118K	$871K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.18	−0.063%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.30	−0.048%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.60	−0.010%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	−0.048%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.24	−0.056%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.77	+0.012%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.69	−0.124%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.08	−0.075%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0118%	1h	798.39	−0.161%	$648K	$11K	10x	as long as short
Hibachi BNB/USDT-P	+0.0136%	1h	799.97	+0.037%	$70K	$36K	12x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.07	−0.076%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0158%	8h	799.60	−0.010%	$90K	$2.8M	4.8x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.56	−0.015%	$1.6M	$160K	25x	as long as short
BloFin BNB-USDTlong	+0.0209%	8h	799.68	long leg	$18.1M	$2.5M	75x
01 Exchange BNBUSD	+0.0216%	1h	799.63	−0.006%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0291%	1h	799.47	−0.026%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0321%	1h	799.87	+0.024%	$53.1M	$20.9M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.70	−0.122%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0406%	1h	800.44	+0.095%	$2.7M	$5.7M	40x	as long as short