BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.013%

Price spread now: Reya against Bulk+0.126%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.126% dearer against Bulk than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	Bulk BNB-USD	797.80	0.0138	pay 0.0017% / 1h	14m 38s	$648K	$10K	10x
Short	Reya BNBRUSDPERP	798.81	0.0330	get 0.0041% / 1h	14m 38s	$6K	$3K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Bulk. 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 BulkbpFee ReyabpOrdersPrice spread, now +0.126%Rate

Funding earned: $40.24
Price spread: +0.126% → 0.000%: $12.65
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $39.89
Costs to cover: 0.130%
Break-even: 0.1 days

Slippage unknown: Bulk: live order book, 59 min ago; Reya: no order-book sample. Net counts fees only.

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 Bulk live order book, 59 min ago	0.06 bp	3.6 bp −$4	3.6 bp −$36	4.9 bp −$488	11.1 bp −$5,571
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0159% / S +0.0335%	1h	799.22	+0.178%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.20	+0.175%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.75	+0.244%	$4K	$239	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.67	+0.109%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.64	+0.231%	$864K	$2.9M	30x	as long as short
Gate BNB_USDT	+0.0004%	8h	799.25	+0.182%	$35.9M	$56.9M	75x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	+0.078%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDC	+0.0007%	8h	798.64	+0.105%	—	$13.4M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.28	+0.186%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0026%	8h	799.88	+0.261%	$69.8M	$50.2M	50x	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	+0.914%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0044%	8h	799.30	+0.188%	$138.8M	$76.2M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.159%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0053%	8h	799.91	+0.264%	$6.2M	$19.4M	200x	as long as short
MEXC BNB_USDT	+0.0074%	8h	800.40	+0.326%	$83.2M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0074%	8h	800.05	+0.282%	$496.7M	$810.8M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.57	+0.222%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.98	+0.148%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.50	+0.088%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.58	+0.223%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.40	+0.201%	$54.3M	$111.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.60	+0.226%	$53K	$127K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.21	+0.177%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.08	+0.160%	$78.3M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.56	+0.095%	$4.2M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.57	+0.097%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.11	+0.164%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.26	+0.183%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.39	+0.199%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.75	+0.244%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.40	+0.201%	$393K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.63	+0.105%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.99	+0.274%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.07	+0.160%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.33	+0.192%	$384K	$110K	10x	as long as short
Bulk BNB-USDlong	+0.0138%	1h	797.80	long leg	$648K	$10K	10x
RISEx BNB/USDC	+0.0155%	1h	799.56	+0.221%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.60	+0.226%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0195%	8h	799.65	+0.232%	$18.1M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0195%	1h	799.16	+0.171%	$161K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	800.08	+0.286%	$28K	$1K	10x	as long as short
Hibachi BNB/USDT-P	+0.0288%	1h	798.98	+0.148%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0293%	1h	800.17	+0.297%	$53.2M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.75	+0.244%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERPshort	+0.0330%	1h	798.81	+0.126%	$6K	$3K	40x
Backpack BNB_USDC_PERP	+0.0428%	1h	800.06	+0.283%	$2.7M	$5.7M	40x	as long as short