BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.1% APRnext payment +$2.66 per $10,000 · paid last 24h +0.047%

Price spread now: BloFin against Bybit+0.098%102s7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.262% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.280%+$28 on $10k

Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.098%, 7d avg +0.116%

Together, before fees+0.245%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 102 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	Bybit BNBUSDT	798.90	−0.0057	get 0.0057% / 8h	7h 39m	$138.7M	$76.3M	75x
Short	BloFin BNB-USDT	799.68	0.0209	get 0.0209% / 8h	7h 39m	$18.1M	$2.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.098%Rate

Funding earned: $55.81
Price spread: +0.098% → +0.116%: −$1.87
Slippage, 4 orders: −$3.23
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $27.71
Costs to cover: 0.262%
Break-even: 3.5 days

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago	0.63 bp	7.3 bp −$7	8.9 bp −$89	21.7 bp −$2,171	152.7 bp −$76.3K
Sell BloFin live order book, 5 min ago	0.06 bp	6.1 bp −$6	6.4 bp −$64	16.1 bp −$1,610	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	799.04	+0.017%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0120%	1h	799.51	+0.077%	$2.5M	$976K	50x	as long as short
BingX BNB-USDT	−0.0094%	8h	799.35	+0.056%	—	$35.2M	—	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.06	+0.145%	$4K	$239	25x	as long as short
Bybit BNBUSDTlong	−0.0057%	8h	798.90	long leg	$138.7M	$76.3M	75x
GRVT BNB_USDT_Perp	0.0000%	8h	799.99	+0.136%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.91	+0.126%	$864K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	800.23	+0.166%	$69.9M	$50.5M	50x	as long as short
Variational Omni BNB	+0.0005%	8h	798.83	−0.009%	$4.1M	$5.3M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.05	+0.019%	$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	+0.775%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.00	−0.113%	$601K	$970K	50x	as long as short
Aster BNBUSDT	+0.0067%	8h	799.89	+0.124%	$6.2M	$19.1M	200x	as long as short
Gate BNB_USDT	+0.0080%	8h	799.40	+0.063%	$35.7M	$56.1M	75x	as long as short
MEXC BNB_USDT	+0.0088%	8h	800.00	+0.138%	$83.2M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0088%	8h	799.72	+0.103%	$496.5M	$809.3M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.96	+0.133%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.66	+0.095%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.46	+0.070%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.84	+0.118%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.90	0.000%	$54.2M	$110.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.70	+0.100%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.01	+0.014%	$28.0M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.88	−0.003%	$78.8M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.66	+0.095%	$4.2M	$76.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.38	+0.060%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.07	+0.021%	$118K	$871K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.69	+0.099%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.83	+0.116%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.16	+0.158%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.80	+0.113%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.87	+0.121%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.36	+0.182%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.84	−0.008%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.64	+0.092%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0118%	1h	798.39	−0.063%	$648K	$11K	10x	as long as short
Hibachi BNB/USDT-P	+0.0144%	1h	799.86	+0.120%	$69K	$36K	12x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.39	+0.061%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0157%	8h	799.70	+0.100%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDTshort	+0.0209%	8h	799.68	+0.098%	$18.1M	$2.5M	75x
01 Exchange BNBUSD	+0.0216%	1h	799.60	+0.088%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0275%	1h	799.47	+0.072%	$161K	$63K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	800.16	+0.158%	$1.6M	$160K	25x	as long as short
Hyperliquid BNB	+0.0314%	1h	799.95	+0.131%	$53.1M	$20.6M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.71	−0.024%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0401%	1h	800.52	+0.203%	$2.7M	$5.6M	40x	as long as short