BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.010%

Price spread now: Aster against Bybit+0.102%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

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

costs, in and out, $10k−$230.229% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.102%, 7d avg +0.115%

Together, before fees+0.029%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.115%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	797.91	0.0006	pay 0.0006% / 8h	7h 20m	$138.6M	$76.3M	75x
Short	Aster BNBUSDT	798.73	0.0055	get 0.0055% / 8h	7h 20m	$6.2M	$19.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.102%Rate

Funding earned: $10.45
Price spread: +0.102% → +0.115%: −$1.31
Slippage, 4 orders: −$3.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$13.79
Costs to cover: 0.229%
Break-even: 16.2 days

Slippage from Bybit: live order book, 3 min ago; Aster: 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 Bybit live order book, 3 min ago	0.63 bp	6.9 bp −$7	8.8 bp −$88	24.5 bp −$2,453	144.1 bp −$72.1K
Sell Aster live order book, 3 min ago	0.69 bp	4.9 bp −$5	6.0 bp −$60	18.5 bp −$1,847	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 −0.0159% / S +0.0335%	1h	798.30	+0.049%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.41	+0.062%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.95	+0.130%	$4K	$239	25x	as long as short
BingX BNB-USDC	−0.0024%	8h	798.43	+0.065%	—	$13.4M	—	as long as short
Gate BNB_USDT	−0.0002%	8h	798.00	+0.011%	$35.9M	$56.7M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.63	+0.341%	$3.0M	$27.7M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.35	+0.180%	$864K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0004%	8h	797.72	−0.024%	$4.1M	$5.0M	—	as long as short
Bybit BNBUSDTlong	+0.0006%	8h	797.91	long leg	$138.6M	$76.3M	75x
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.24	+0.041%	$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
Phemex BNBUSDT	+0.0009%	8h	798.92	+0.127%	$69.8M	$50.0M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.900%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.145%	$615K	$1.1M	50x	as long as short
Aster BNBUSDTshort	+0.0055%	8h	798.73	+0.102%	$6.2M	$19.4M	200x
Binance BNBUSDT	+0.0076%	8h	798.61	+0.088%	$495.8M	$811.5M	75x	as long as short
MEXC BNB_USDT	+0.0077%	8h	799.20	+0.162%	$83.1M	$13.7M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.31	+0.050%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.13	+0.153%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.25	+0.043%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.37	+0.058%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.00	+0.011%	$54.2M	$110.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.60	+0.086%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.10	+0.024%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	797.78	−0.016%	$78.1M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.04	+0.267%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.98	+0.259%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.35	+0.055%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.26	+0.044%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.39	+0.061%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.94	+0.129%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.50	+0.074%	$393K	$998K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.09	+0.023%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.75	+0.106%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	797.82	−0.012%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.42	+0.064%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	+0.171%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.26	+0.044%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0156%	8h	799.20	+0.162%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0197%	8h	798.81	+0.113%	$18.0M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	798.82	+0.114%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	798.74	+0.104%	$1.6M	$161K	25x	as long as short
dYdX BNB-USD	+0.0201%	1h	798.40	+0.062%	$161K	$63K	10x	as long as short
Hibachi BNB/USDT-P	+0.0256%	1h	799.00	+0.137%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0300%	1h	798.99	+0.135%	$53.1M	$20.3M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	797.81	−0.013%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0400%	1h	799.37	+0.183%	$2.7M	$5.7M	40x	as long as short