BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.033%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$180.176% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.118%−$12 · spread now −0.033%, 7d avg −0.109%

Together, before fees−0.117%−$12 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: Binance is 0.076% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	798.80	0.0101	pay 0.0101% / 8h	5m 50s	$83.0M	$13.6M	200x
Short	Binance BNBUSDT	798.54	0.0100	get 0.0100% / 8h	5m 50s	$497.4M	$818.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.033%Rate

Funding earned: −$0.15
Price spread: −0.033% → −0.109%: $7.62
Slippage, 4 orders: −$3.64
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.17
Costs to cover: 0.176%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 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 MEXC live order book, 3 min ago	0.63 bp	2.6 bp −$3	5.0 bp −$50	23.3 bp −$2,328	41.0 bp −$20.5K
Sell Binance live order book, 8 min ago	0.06 bp	6.4 bp −$6	8.0 bp −$80	19.0 bp −$1,905	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 −0.0201% / S +0.0372%	1h	797.87	−0.116%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.46	−0.043%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	797.97	−0.104%	$2.5M	$975K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.60	−0.024%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.74	−0.008%	$863K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0007%	8h	797.54	−0.157%	$4.1M	$5.4M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	797.93	−0.109%	$9.7M	—	150x	as long as short
BingX BNB-USDT	+0.0030%	8h	798.15	−0.081%	—	$34.7M	—	as long as short
Bybit BNBUSDT	+0.0037%	8h	797.70	−0.138%	$138.4M	$76.9M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	798.14	−0.083%	$601K	$984K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0079%	8h	798.41	−0.049%	$6.2M	$19.2M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.22	−0.072%	$2.8M	$4.1M	20x	as long as short
Phemex BNBUSDT	+0.0098%	8h	798.44	−0.045%	$69.8M	$50.6M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.90	−0.113%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.39	−0.051%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	797.70	−0.138%	$54.3M	$112.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.50	−0.038%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	797.80	−0.125%	$35.7M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.07	−0.091%	$28.0M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	797.89	−0.114%	$79.0M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.68	−0.015%	$4.1M	$76.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.23	+0.054%	$161K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.05	−0.094%	$116K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	797.78	−0.128%	$385K	$494K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	797.97	−0.104%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.38	−0.053%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.10	−0.088%	$392K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	798.27	−0.067%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.43	−0.046%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.77	−0.003%	$78K	$19K	50x	as long as short
Binance BNBUSDTshort	+0.0100%	8h	798.54	−0.033%	$497.4M	$818.1M	75x
MEXC BNB_USDTlong	+0.0101%	8h	798.80	long leg	$83.0M	$13.6M	200x
Extended BNB-USD	+0.0104%	1h	797.75	−0.132%	$1.7M	$6.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	797.98	−0.102%	$383K	$40K	10x	as long as short
Phoenix BNB	+0.0127%	1h	798.58	−0.028%	$172K	$36K	10x	as long as short
Kalshi KXBNBPERP	+0.0148%	8h	798.80	0.000%	$90K	$2.9M	4.8x	as long as short
Hibachi BNB/USDT-P	+0.0160%	1h	798.62	−0.023%	$70K	$43K	12x	as long as short
Bulk BNB-USD	+0.0191%	1h	798.83	+0.003%	$649K	$17K	10x	as long as short
BloFin BNB-USDT	+0.0221%	8h	798.81	+0.001%	$18.1M	$2.5M	75x	as long as short
Hyperliquid BNB	+0.0241%	1h	798.88	+0.010%	$52.4M	$20.8M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	798.24	−0.070%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	798.71	−0.011%	$28K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.787%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	797.57	−0.154%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0333%	1h	798.04	−0.096%	$161K	$63K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0343%	1h	798.86	+0.008%	$2.7M	$5.7M	40x	as long as short