Funding you earn now, next payment 04:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.048%
Price spread now: Bulk against edgeX+0.034%56s7-day average +0.019% · 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—prices read too far apart to compare
costs, in and out, $10k−$210.213% of the position
Funding, last 4 days (all we have)+0.235%+$23 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now +0.034%, 7d avg +0.019%
=Together, before fees+0.374%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 56 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 | edgeX BNBUSDC | 789.56 | 0.0100 | pay 0.0050% / 4h | 30m 19s | $4.1M | $73.6M | 30x |
| Short | Bulk BNB-USD | 789.82 | 0.0245 | get 0.0031% / 1h | 30m 19s | $640K | $9K | 10x |
edgeX BNBUSDC
Bulk BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against edgeX. 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
- $30.46
- Price spread: +0.034% → +0.019%
- $1.42
- Slippage, 4 orders
- −$5.35
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $10.54
- Costs to cover
- 0.213%
- Break-even
- 4.6 days
Slippage from edgeX: live order book, 4 min ago; Bulk: live order book, 29 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 edgeX live order book, 4 min ago | 2.53 bp | 7.0 bp −$7 | 7.0 bp −$70 | 10.7 bp −$1,069 | doesn't fit |
| Sell Bulk live order book, 29 min ago | 0.06 bp | 3.6 bp −$4 | 3.6 bp −$36 | 6.0 bp −$601 | 15.9 bp −$7,951 |
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 −0.0186% / S +0.0351% | 1h | 791.40 | +0.234% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 792.31 | +0.349% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 791.66 | +0.267% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 791.44 | +0.239% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.967% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0043% | 8h | 792.18 | +0.332% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0052% | 8h | 791.23 | +0.212% | — | $13.4M | — | as long as short |
| Phemex BNBUSDT | +0.0060% | 8h | 792.07 | +0.318% | $69.3M | $49.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −0.013% | $582K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 792.40 | +0.360% | $80.4M | $12.3M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0066% | 8h | 792.09 | +0.321% | $494.4M | $788.7M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 792.03 | +0.313% | $2.8M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.70 | +0.272% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 791.40 | +0.234% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 792.05 | +0.316% | $52.0M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 792.16 | +0.330% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 791.40 | +0.234% | $139.2M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.40 | +0.234% | $53.5M | $111.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 792.00 | +0.310% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 791.40 | +0.234% | $35.4M | $56.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.34 | +0.226% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 791.20 | +0.208% | $76.5M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.93 | +0.301% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 791.31 | +0.222% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDClong | +0.0100% | 4h | 789.56 | long leg | $4.1M | $73.6M | 30x | |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.95 | +0.177% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 791.40 | +0.234% | $134K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 791.77 | +0.281% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 792.19 | +0.334% | $13K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.80 | +0.284% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 791.11 | +0.196% | $8.1M | $9.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 792.55 | +0.379% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 791.24 | +0.213% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.70 | +0.272% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.61 | +0.007% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0134% | 1h | 791.21 | +0.209% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0139% | 8h | 789.87 | +0.040% | $2.9M | $28.3M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0179% | 8h | 791.90 | +0.297% | $125K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 792.10 | +0.322% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 792.21 | +0.336% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USDshort | +0.0245% | 1h | 789.82 | +0.034% | $640K | $9K | 10x | |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 791.55 | +0.253% | $2.5M | $1.2M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 791.20 | +0.209% | $6K | $3K | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 792.10 | +0.323% | $1.5M | $143K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 791.58 | +0.256% | $68K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 792.13 | +0.325% | $1.1M | $973K | 20x | as long as short |
Binance BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
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
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Reya BNBRUSDPERP
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P
RISEx BNB/USDC