Funding you earn now, next payment 08:00 UTC+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.048%
Price spread now: RISEx against Coinbase International+0.066%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 4 days (all we have)+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now +0.066%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.033% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BNB-PERP-INTX | 786.59 | 0.0120 | pay 0.0015% / 1h | 50m 48s | $548K | $1.9M | 50x |
| Short | RISEx BNB/USDC | 787.11 | 0.0355 | get 0.0044% / 1h | 50m 48s | $1.1M | $911K | 20x |
Coinbase International BNB-PERP-INTX
RISEx BNB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $49.25
- Price spread: +0.066% → +0.033%
- $3.3
- Slippage, 4 orders
- −$11.06
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $25.49
- Costs to cover
- 0.271%
- Break-even
- 3.4 days
Slippage from Coinbase International: live order book, 3 min ago; RISEx: 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 Coinbase International live order book, 3 min ago | 0.89 bp | 8.6 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 2.48 bp | 5.5 bp −$5 | 8.7 bp −$87 | doesn't fit | 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 −0.0168% / S +0.0337% | 1h | 786.85 | +0.033% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.17 | +0.074% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 786.80 | +0.027% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.65 | +0.007% | $3.0M | $27.6M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.07 | +0.061% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.89 | +0.038% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0029% | 8h | 787.53 | +0.120% | $6.0M | $18.5M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.352% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0037% | 8h | 787.22 | +0.080% | — | $13.4M | — | as long as short |
| Binance BNBUSDT | +0.0045% | 8h | 787.51 | +0.117% | $489.9M | $812.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0045% | 8h | 788.30 | +0.217% | $82.0M | $12.1M | 200x | as long as short |
| dYdX BNB-USD | +0.0059% | 1h | 787.07 | +0.061% | $158K | $63K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.12 | +0.067% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | −0.043% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.49 | +0.114% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.65 | +0.007% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.90 | +0.039% | $138.6M | $73.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.80 | +0.027% | $53.5M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.90 | +0.039% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.10 | +0.065% | $39.1M | $55.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.56 | −0.004% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.60 | +0.001% | $75.5M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.31 | +0.092% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.62 | +0.004% | $4.1M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.52 | −0.009% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.37 | −0.028% | $158K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.05 | +0.058% | $132K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.97 | +0.048% | $265K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.49 | −0.012% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.52 | +0.118% | $13K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.00 | +0.052% | $387K | $951K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.86 | +0.034% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.94 | +0.044% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.60 | +0.001% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.93 | +0.044% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0111% | 8h | 787.00 | +0.052% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTXlong | +0.0120% | 1h | 786.59 | long leg | $548K | $1.9M | 50x | |
| Phoenix BNB | +0.0120% | 1h | 786.53 | −0.008% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0165% | 8h | 787.43 | +0.107% | $17.8M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0176% | 8h | 787.55 | +0.122% | $68.7M | $51.1M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.40 | +0.103% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.85 | −0.094% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.41 | +0.104% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 786.61 | +0.002% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDCshort | +0.0355% | 1h | 787.11 | +0.066% | $1.1M | $911K | 20x | |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 786.50 | −0.012% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
dYdX BNB-USD
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Phoenix BNB
BloFin BNB-USDT
Phemex BNBUSDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P