BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.004%

Price spread now: BingX against Bybit+0.044%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

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

costs, in and out, $10k−$240.238% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.044%, 7d avg +0.048%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	798.80	−0.0065	get 0.0065% / 8h	7h 40m	$138.7M	$76.4M	75x
Short	BingX BNB-USDT	799.15	−0.0094	pay 0.0094% / 8h	7h 40m	—	$35.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$6.04
Price spread: +0.044% → +0.048%: −$0.4
Slippage, 4 orders: −$2.79
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$30.23
Costs to cover: 0.238%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 8 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	7.3 bp −$7	8.9 bp −$89	21.7 bp −$2,171	152.7 bp −$76.3K
Sell BingX live order book, 8 min ago	0.13 bp	5.1 bp −$5	5.7 bp −$57	11.4 bp −$1,144	35.0 bp −$17.5K

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	+0.042%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.01	+0.026%	$2.5M	$978K	50x	as long as short
BingX BNB-USDTshort	−0.0094%	8h	799.15	+0.044%	—	$35.2M	—
Hotstuff BNB-PERP	−0.0080%	1h	799.40	+0.075%	$4K	$239	25x	as long as short
Bybit BNBUSDTlong	−0.0065%	8h	798.80	long leg	$138.7M	$76.4M	75x
GRVT BNB_USDT_Perp	0.0000%	8h	799.99	+0.149%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.60	+0.225%	$865K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	799.73	+0.116%	$69.9M	$50.5M	50x	as long as short
Variational Omni BNB	+0.0005%	8h	798.83	+0.003%	$4.1M	$5.3M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.11	+0.039%	$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	+0.787%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.00	−0.100%	$601K	$979K	50x	as long as short
Aster BNBUSDT	+0.0069%	8h	799.57	+0.096%	$6.2M	$19.2M	200x	as long as short
Gate BNB_USDT	+0.0069%	8h	798.85	+0.006%	$35.7M	$56.0M	75x	as long as short
Binance BNBUSDT	+0.0089%	8h	799.58	+0.097%	$496.4M	$811.4M	75x	as long as short
MEXC BNB_USDT	+0.0089%	8h	799.90	+0.138%	$83.1M	$13.5M	200x	as long as short
Lighter BNB	+0.0096%	1h	799.35	+0.069%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.69	−0.014%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.95	+0.019%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.23	+0.054%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.90	+0.013%	$54.1M	$111.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.40	+0.075%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.92	+0.015%	$28.0M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.77	−0.004%	$78.8M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.75	+0.119%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.20	+0.050%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.06	+0.033%	$118K	$871K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.18	+0.048%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.30	+0.062%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.60	+0.100%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	+0.063%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.24	+0.055%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.77	+0.122%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.63	−0.021%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.08	+0.035%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0118%	1h	798.39	−0.051%	$648K	$11K	10x	as long as short
Hibachi BNB/USDT-P	+0.0136%	1h	799.97	+0.147%	$70K	$36K	12x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.07	+0.034%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0158%	8h	799.60	+0.100%	$90K	$2.8M	4.8x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.56	+0.095%	$1.6M	$160K	25x	as long as short
BloFin BNB-USDT	+0.0209%	8h	799.68	+0.110%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0216%	1h	799.63	+0.104%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0291%	1h	799.47	+0.084%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0320%	1h	799.87	+0.134%	$53.1M	$20.9M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.70	−0.012%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0401%	1h	799.82	+0.128%	$2.7M	$5.6M	40x	as long as short