BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0145%/8h= −15.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.047%

Price spread now: HTX against BloFin−0.077%7-day average −0.100% · 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−$28as in the Price arb table

costs, in and out, $10k−$310.306% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.077%, 7d avg −0.100%

Together, before fees−0.214%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.023% dearer against BloFin than usual: you sell high and buy low (spread −0.077% now, against its 7-day average of −0.100%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BNB-USDT	802.88	0.0245	pay 0.0245% / 8h	43m 16s	$18.2M	$2.5M	75x
Short	HTX BNB-USDT	802.26	0.0100	get 0.0100% / 8h	43m 16s	$8.2M	$8.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$30.36
Price spread: −0.077% → −0.100%: $2.26
Slippage, 4 orders: −$6.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$58.66
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 1 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, 6 min ago	0.12 bp	6.3 bp −$6	7.3 bp −$73	12.2 bp −$1,223	doesn't fit
Sell HTX live order book, 1 min ago	0.78 bp	11.4 bp −$11	15.5 bp −$155	49.9 bp −$4,990	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	802.28	−0.074%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.95	+0.009%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	801.85	−0.128%	$2.6M	$970K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.47	+0.073%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.81	+0.116%	$869K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.33	−0.068%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0027%	8h	802.45	−0.054%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	802.48	−0.050%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0060%	8h	801.70	−0.147%	$139.2M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.269%	$607K	$995K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.32	−0.070%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.10	−0.097%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.98	+0.013%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.70	−0.147%	$54.6M	$113.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.90	+0.002%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.10	−0.097%	$35.9M	$57.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.96	−0.115%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.95	−0.116%	$79.6M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.59	+0.089%	$4.2M	$77.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.34	+0.057%	$162K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.29	−0.073%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.21	−0.083%	$388K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.43	−0.056%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	803.28	+0.050%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	802.20	−0.085%	$394K	$1.0M	10x	as long as short
HTX BNB-USDTshort	+0.0100%	8h	802.26	−0.077%	$8.2M	$8.0M	75x
Paradex BNB-USD-PERP	+0.0100%	8h	803.22	+0.043%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0103%	8h	802.62	−0.033%	$6.4M	$19.0M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.58	−0.162%	$1.9M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.20	−0.085%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0112%	8h	802.62	−0.032%	$70.2M	$50.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	802.70	−0.022%	$110K	$2.9M	4.8x	as long as short
Binance BNBUSDT	+0.0125%	8h	802.61	−0.034%	$501.9M	$817.3M	75x	as long as short
MEXC BNB_USDT	+0.0125%	8h	802.80	−0.010%	$83.5M	$13.5M	200x	as long as short
Phoenix BNB	+0.0127%	1h	803.09	+0.026%	$173K	$36K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	802.54	−0.043%	$1.6M	$165K	25x	as long as short
Hibachi BNB/USDT-P	+0.0224%	1h	803.19	+0.039%	$71K	$43K	12x	as long as short
Hyperliquid BNB	+0.0228%	1h	802.77	−0.014%	$52.0M	$21.4M	10x	as long as short
BloFin BNB-USDTlong	+0.0245%	8h	802.88	long leg	$18.2M	$2.5M	75x
RISEx BNB/USDC	+0.0258%	1h	802.68	−0.025%	$1.1M	$1.4M	20x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.275%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0309%	1h	803.58	+0.087%	$653K	$20K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.98	−0.112%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0360%	1h	803.12	+0.030%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0367%	1h	802.77	−0.014%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USD	+0.0448%	1h	802.89	+0.001%	$162K	$62K	10x	as long as short