BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h −0.002%

Price spread now: Bitget against MEXC−0.201%7-day average −0.233% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$210.207% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.058%−$6 · spread now −0.201%, 7d avg −0.233%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.033% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.233%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	787.60	0.0056	pay 0.0056% / 8h	52m 36s	$81.1M	$11.9M	200x
Short	Bitget BNBUSDT	786.02	0.0100	get 0.0100% / 8h	52m 36s	$76.4M	$31.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.201%Rate

Funding earned: $9.24
Price spread: −0.201% → −0.233%: $3.28
Slippage, 4 orders: −$4.66
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$8.14
Costs to cover: 0.207%
Break-even: 13.2 days

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago	1.27 bp	3.3 bp −$3	9.6 bp −$96	21.7 bp −$2,171	38.6 bp −$19.3K
Sell Bitget live order book, 1 min ago	0.06 bp	6.6 bp −$7	9.3 bp −$93	18.7 bp −$1,870	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 −0.0170% / S +0.0337%	1h	786.24	−0.172%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.17	−0.055%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	786.29	−0.167%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	787.08	−0.066%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.27	−0.168%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.221%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0046%	8h	786.45	−0.146%	—	$13.4M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	787.05	−0.070%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDTlong	+0.0056%	8h	787.60	long leg	$81.1M	$11.9M	200x
Binance BNBUSDT	+0.0056%	8h	786.95	−0.083%	$489.0M	$821.5M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0078%	8h	786.89	−0.090%	$68.7M	$51.4M	50x	as long as short
dYdX BNB-USD	+0.0079%	1h	786.61	−0.125%	$159K	$62K	10x	as long as short
Lighter BNB	+0.0096%	1h	786.62	−0.124%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	787.08	−0.066%	$169K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.25	−0.171%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.08	−0.066%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.66	−0.119%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.30	−0.165%	$138.3M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.30	−0.165%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.70	−0.114%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.50	−0.140%	$38.1M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.11	−0.189%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDTshort	+0.0100%	8h	786.02	−0.201%	$76.4M	$31.7M	75x
Backpack BNB_USDC_PERP	+0.0100%	1h	786.81	−0.100%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.70	−0.241%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.65	−0.120%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.75	−0.108%	$158K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.35	−0.159%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.29	−0.166%	$264K	$449K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.41	−0.152%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.78	−0.104%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.50	−0.140%	$387K	$976K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.98	−0.079%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.87	−0.093%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.10	−0.191%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.32	−0.162%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	787.43	−0.022%	$564K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	786.70	−0.114%	$171K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0176%	8h	786.80	−0.102%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.73	−0.110%	$1.5M	$145K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.01	−0.075%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0230%	1h	786.88	−0.091%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	786.97	−0.080%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.04	−0.198%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	786.73	−0.110%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0448%	1h	786.98	−0.079%	$67K	$39K	12x	as long as short