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Funding arb · Price arb /

BNB

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against edgeX−0.253%84s7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as 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−$280.282% of the position
Long on edgeXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 7 days+0.155%+$16 · spread now −0.253%, 7d avg −0.094%
Together, before fees+0.111%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.159% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.094%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC800.040.0100pay 0.0050% / 4h3h 20m$4.2M$76.7M30x
ShortBitget BNBUSDT798.020.0100get 0.0100% / 8h7h 20m$78.2M$28.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$0
Price spread: −0.253% → −0.094%
−$15.89
Slippage, 4 orders
−$7.23
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$44.11
Costs to cover
0.282%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Bitget: live order book, 4 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 edgeX live order book, 4 min ago2.50 bp7.0 bp −$77.0 bp −$7011.0 bp −$1,100doesn't fit
Sell Bitget live order book, 4 min ago0.06 bp6.8 bp −$79.2 bp −$9214.1 bp −$1,408doesn'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%1h798.39−0.206%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.48−0.195%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.54−0.188%$4K$23925xas long as short
BingX BNB-USDT−0.0007%8h798.44−0.200%—$35.0M—as long as short
Gate BNB_USDT−0.0002%8h798.25−0.224%$35.9M$56.8M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.63+0.074%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.19−0.106%$864K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72−0.290%$4.1M$5.0M—as long as short
Bybit BNBUSDT+0.0006%8h798.30−0.218%$138.6M$76.3M75xas long as short
Phemex BNBUSDT+0.0006%8h799.12−0.115%$69.8M$50.2M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.43−0.201%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.631%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07−0.121%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0055%8h798.65−0.174%$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.0076%8h799.05−0.124%$496.1M$811.4M75xas long as short
MEXC BNB_USDT+0.0077%8h799.50−0.068%$83.1M$13.7M200xas long as short
Lighter BNB+0.0096%1h798.74−0.162%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13−0.114%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.85−0.274%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.37−0.209%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.40−0.205%$54.2M$111.0M50xas long as short
Arcus BNB-USD+0.0100%1h798.60−0.180%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.38−0.208%$27.9M$10.0M75xas long as short
Bitget BNBUSDTshort+0.0100%8h798.02−0.253%$78.2M$28.1M75x
edgeX BNBUSDClong+0.0100%4h800.04long leg$4.2M$76.7M30x
ApeX Omni BNBUSDT+0.0100%1h799.98−0.008%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.15−0.236%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.54−0.188%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.64−0.175%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.62−0.178%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.70−0.168%$393K$997K10xas long as short
HTX BNB-USDT+0.0100%8h798.09−0.244%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.75−0.161%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.12−0.240%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.57−0.184%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28−0.095%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.26−0.222%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h799.10−0.118%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0197%8h798.81−0.154%$18.0M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.82−0.153%$28K$1K10xas long as short
dYdX BNB-USD+0.0201%1h798.40−0.205%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h799.00−0.130%$68K$38K12xas long as short
Hyperliquid BNB+0.0299%1h799.29−0.094%$53.1M$20.3M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.98−0.133%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0330%1h797.86−0.273%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0411%1h799.63−0.051%$2.7M$5.7M40xas long as short