BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.013%

Price spread now: MEXC against Bybit+0.174%7-day average +0.224% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

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

costs, in and out, $10k−$200.195% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days+0.052%+$5 · spread now +0.174%, 7d avg +0.224%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.049% cheaper against Bybit than usual: you would sell low and buy high (spread +0.174% now, against its 7-day average of +0.224%). If the spread goes back, that is −$5 on $10k: about 5.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	803.50	0.0075	pay 0.0075% / 8h	2h 30m	$139.3M	$82.8M	75x
Short	MEXC BNB_USDT	804.90	0.0106	get 0.0106% / 8h	2h 30m	$84.4M	$13.6M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.174%Rate

Funding earned: $6.51
Price spread: +0.174% → +0.224%: −$4.93
Slippage, 4 orders: −$4.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$17.97
Costs to cover: 0.195%
Break-even: 26.3 days

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	0.62 bp	6.1 bp −$6	8.6 bp −$86	24.1 bp −$2,409	153.4 bp −$76.7K
Sell MEXC live order book, 4 min ago	0.62 bp	3.8 bp −$4	7.5 bp −$75	17.9 bp −$1,788	32.4 bp −$16.2K

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 −0.0195% / S +0.0371%	1h	803.78	+0.035%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	804.19	+0.086%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.90	+0.049%	$3.0M	$29.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	804.60	+0.137%	$112K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.20	+0.087%	$869K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	803.86	+0.045%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	803.90	+0.050%	$2.5M	$909K	50x	as long as short
Variational Omni BNB	+0.0049%	8h	803.71	+0.027%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0054%	8h	804.09	+0.073%	—	$13.3M	—	as long as short
Bybit BNBUSDTlong	+0.0075%	8h	803.50	long leg	$139.3M	$82.8M	75x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	804.19	+0.086%	$609K	$878K	50x	as long as short
Aster BNBUSDT	+0.0090%	8h	804.51	+0.126%	$6.4M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	804.05	+0.068%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	803.88	+0.047%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	804.34	+0.105%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	803.70	+0.025%	$55.1M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	804.30	+0.100%	$53K	$165K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	803.80	+0.037%	$35.9M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	803.74	+0.030%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	803.79	+0.036%	$79.1M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.49	+0.124%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	804.32	+0.102%	$159K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	803.74	+0.030%	$118K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	803.87	+0.046%	$388K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	803.97	+0.059%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	804.80	+0.162%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	804.31	+0.100%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.07	+0.071%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	804.81	+0.162%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	803.45	−0.006%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.04	+0.067%	$386K	$40K	10x	as long as short
MEXC BNB_USDTshort	+0.0106%	8h	804.90	+0.174%	$84.4M	$13.6M	200x
Binance BNBUSDT	+0.0106%	8h	804.52	+0.127%	$519.1M	$803.1M	75x	as long as short
Phemex BNBUSDT	+0.0125%	8h	804.52	+0.127%	$70.2M	$51.7M	50x	as long as short
Phoenix BNB	+0.0125%	1h	803.93	+0.054%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0157%	1h	804.49	+0.123%	$51.7M	$21.3M	10x	as long as short
SoDEX BNB-USD	+0.0175%	1h	803.90	+0.050%	$395K	$1.0M	10x	as long as short
Bulk BNB-USD	+0.0197%	1h	804.34	+0.105%	$650K	$11K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	804.38	+0.110%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0226%	8h	804.88	+0.172%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	804.11	+0.076%	$71K	$48K	12x	as long as short
dYdX BNB-USD	+0.0277%	1h	804.28	+0.097%	$170K	$55K	10x	as long as short
01 Exchange BNBUSD	+0.0328%	1h	804.86	+0.169%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	803.52	+0.002%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.177%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0660%	1h	805.11	+0.200%	$3.0M	$5.4M	40x	as long as short