Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.041%
Price spread now: BloFin against Coinbase International+0.075%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Long on Coinbase InternationalShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 3 days (all we have)+0.077%+$8 · spread now +0.075%, 7d avg +0.103%
Together, before fees+0.359%+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.028% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.103%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX799.070.0048pay 0.0006% / 1h13m 01s$615K$1.1M50x
ShortBloFin BNB-USDT799.670.0194get 0.0194% / 8h7h 13m$18.1M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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

Funding earned
$30.73
Price spread: +0.075% → +0.103%
−$2.78
Slippage, 4 orders
−$7.59
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.64
Costs to cover
0.296%
Break-even
7.4 days
Slippage from Coinbase International: live order book, just now; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, just now3.00 bp8.1 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.19 bp6.6 bp −$77.7 bp −$7712.3 bp −$1,226doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0159% / S +0.0335%1h799.02−0.006%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.95−0.015%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.50+0.054%$4K$23925xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.73+0.083%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h800.28+0.151%$865K$2.9M30xas long as short
Variational Omni BNB+0.0005%8h798.43−0.081%$4.1M$5.0M—as long as short
Gate BNB_USDT+0.0007%8h798.60−0.059%$35.9M$56.9M75xas long as short
BingX BNB-USDT+0.0007%8h798.79−0.035%—$35.0M—as long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.11+0.005%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.753%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0040%8h799.58+0.064%$69.8M$50.1M50xas long as short
Coinbase International BNB-PERP-INTXlong+0.0048%1h799.07long leg$615K$1.1M50x
Bybit BNBUSDT+0.0052%8h798.44−0.079%$138.6M$76.1M75xas long as short
Aster BNBUSDT+0.0053%8h799.31+0.030%$6.1M$19.4M200xas long as short
MEXC BNB_USDT+0.0074%8h799.70+0.079%$83.2M$13.7M200xas long as short
Binance BNBUSDT+0.0074%8h799.15+0.010%$496.4M$810.9M75xas long as short
Lighter BNB+0.0096%1h799.04−0.003%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h800.04+0.121%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.15+0.010%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.58+0.064%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50−0.071%$54.2M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.50+0.054%$53K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.51−0.070%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.71−0.045%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h799.52+0.057%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.37+0.038%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.92−0.019%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.16+0.011%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.21+0.018%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.67+0.075%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.10+0.004%$393K$996K10xas long as short
HTX BNB-USDT+0.0100%8h798.64−0.054%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.93+0.107%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.32−0.094%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h799.12+0.007%$384K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.159%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h799.20+0.016%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0161%8h799.60+0.066%$90K$2.8M4.8xas long as short
BloFin BNB-USDTshort+0.0194%8h799.67+0.075%$18.1M$2.5M75x
dYdX BNB-USD+0.0195%1h799.16+0.012%$161K$63K10xas long as short
01 Exchange BNBUSD+0.0200%1h799.42+0.044%$28K$1K10xas long as short
Hyperliquid BNB+0.0291%1h799.33+0.033%$53.1M$20.3M10xas long as short
Hibachi BNB/USDT-P+0.0296%1h799.40+0.042%$68K$38K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h799.53+0.057%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0330%1h798.71−0.045%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0429%1h799.68+0.076%$2.7M$5.7M40xas long as short