BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.044%

Price spread now: RISEx against Bulk−0.632%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Bulk Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.616%+$62 · spread now −0.632%, 7d avg −0.077%

Together, before fees+0.493%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.556% cheaper against Bulk than usual: you would sell low and buy high (spread −0.632% now, against its 7-day average of −0.077%). If the spread goes back, that is −$56 on $10k: about 3 months of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk BNB-USD	807.66	0.0295	pay 0.0037% / 1h	32m 53s	$652K	$14K	10x
Short	RISEx BNB/USDC	802.55	0.0318	get 0.0040% / 1h	32m 53s	$1.1M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.632%Rate

Funding earned: $4.97
Price spread: −0.632% → −0.077%: −$55.55
Slippage, 4 orders: −$6.85
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$70.44
Costs to cover: 0.199%
Break-even: 106.2 days

Slippage from Bulk: live order book, 51 min ago; RISEx: 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 Bulk live order book, 51 min ago	0.06 bp	3.6 bp −$4	3.7 bp −$37	6.0 bp −$597	13.9 bp −$6,931
Sell RISEx live order book, 1 min ago	3.37 bp	6.4 bp −$6	20.4 bp −$204	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	802.19	−0.677%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.61	−0.625%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.39	−0.281%	$3.0M	$29.1M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.90	−0.589%	$158K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.11	−0.316%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.24	−0.671%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0041%	8h	805.56	−0.260%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0058%	8h	801.18	−0.802%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0082%	8h	801.50	−0.763%	$139.7M	$82.9M	75x	as long as short
Lighter BNB	+0.0096%	1h	802.36	−0.656%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	799.92	−0.958%	$603K	$963K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.30	−0.663%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.57	−0.630%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.60	−0.750%	$55.0M	$117.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.70	−0.614%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.65	−0.744%	$35.8M	$58.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.67	−0.742%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.69	−0.739%	$81.1M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.46	−0.273%	$4.2M	$77.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.51	−0.266%	$162K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.06	−0.693%	$121K	$879K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.11	−0.687%	$388K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.36	−0.656%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.66	−0.619%	$11K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.44	−0.646%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.76	−0.606%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0101%	8h	802.19	−0.677%	$6.4M	$19.2M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.51	−0.761%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	803.03	−0.574%	$386K	$40K	10x	as long as short
Binance BNBUSDT	+0.0120%	8h	802.43	−0.647%	$517.5M	$828.1M	75x	as long as short
MEXC BNB_USDT	+0.0122%	8h	803.00	−0.577%	$83.5M	$13.8M	200x	as long as short
Hibachi BNB/USDT-P	+0.0128%	1h	805.18	−0.307%	$71K	$48K	12x	as long as short
Phemex BNBUSDT	+0.0129%	8h	802.58	−0.629%	$70.1M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	804.78	−0.357%	$173K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0157%	1h	802.20	−0.676%	$395K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0186%	1h	802.20	−0.677%	$162K	$64K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	802.06	−0.694%	$2.6M	$983K	50x	as long as short
BloFin BNB-USDT	+0.0240%	8h	802.70	−0.614%	$18.8M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0247%	1h	803.00	−0.577%	$51.9M	$22.2M	10x	as long as short
Bulk BNB-USDlong	+0.0295%	1h	807.66	long leg	$652K	$14K	10x
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.66	−0.619%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.318%	$19K	$789K	30x	as long as short
RISEx BNB/USDCshort	+0.0318%	1h	802.55	−0.632%	$1.1M	$1.4M	20x
Reya BNBRUSDPERP	+0.0333%	1h	801.82	−0.723%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	802.90	−0.589%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0677%	1h	803.05	−0.571%	$3.0M	$5.5M	40x	as long as short