BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against OKX+0.097%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.097%, 7d avg +0.107%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.107%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BNB-USDT-SWAP	805.20	0.0100	pay 0.0100% / 8h	1h 52m	$55.1M	$116.2M	50x
Short	Binance BNBUSDT	805.98	0.0118	get 0.0118% / 8h	1h 52m	$520.4M	$805.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.097%Rate

Funding earned: $3.75
Price spread: +0.097% → +0.107%: −$1.02
Slippage, 4 orders: −$2.43
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$19.7
Costs to cover: 0.224%
Break-even: 43.8 days

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 6 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 OKX live order book, 1 min ago	0.62 bp	5.6 bp −$6	6.9 bp −$69	20.1 bp −$2,009	doesn't fit
Sell Binance live order book, 6 min ago	0.06 bp	5.2 bp −$5	6.4 bp −$64	15.2 bp −$1,520	42.5 bp −$21.3K

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 −0.0195% / S +0.0371%	1h	804.57	−0.078%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.50	+0.037%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.78	+0.196%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.60	+0.050%	$107K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.15	−0.006%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.68	−0.065%	$9.8M	—	150x	as long as short
Hibachi BNB/USDT-P	+0.0024%	1h	806.08	+0.109%	$71K	$48K	12x	as long as short
Variational Omni BNB	+0.0044%	8h	805.28	+0.010%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0056%	8h	805.23	+0.004%	—	$34.5M	—	as long as short
Bybit BNBUSDT	+0.0083%	8h	805.06	−0.017%	$139.3M	$82.0M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	805.31	+0.013%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	805.76	+0.070%	$608K	$882K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.97	−0.029%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.22	+0.002%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAPlong	+0.0100%	8h	805.20	long leg	$55.1M	$116.2M	50x
Arcus BNB-USD	+0.0100%	1h	805.50	+0.037%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	804.95	−0.031%	$36.2M	$57.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	804.62	−0.072%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.85	−0.043%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.63	+0.177%	$4.2M	$76.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.32	+0.139%	$162K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	804.87	−0.041%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.40	−0.099%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.65	−0.068%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.09	−0.014%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.82	−0.048%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.76	+0.069%	$79K	$19K	50x	as long as short
Aster BNBUSDT	+0.0101%	8h	805.59	+0.049%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	804.65	−0.068%	$1.9M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.63	−0.071%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0117%	8h	806.10	+0.112%	$84.6M	$13.3M	200x	as long as short
Binance BNBUSDTshort	+0.0118%	8h	805.98	+0.097%	$520.4M	$805.9M	75x
Hyperliquid BNB	+0.0136%	1h	805.55	+0.043%	$51.8M	$22.0M	10x	as long as short
Phemex BNBUSDT	+0.0140%	8h	805.02	−0.022%	$70.2M	$51.9M	50x	as long as short
SoDEX BNB-USD	+0.0145%	1h	804.50	−0.087%	$396K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0151%	1h	804.38	−0.102%	$162K	$63K	10x	as long as short
Phoenix BNB	+0.0155%	1h	805.95	+0.093%	$173K	$35K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	804.84	−0.044%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	804.45	−0.093%	$2.5M	$933K	50x	as long as short
BloFin BNB-USDT	+0.0238%	8h	805.07	−0.016%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0273%	1h	805.26	+0.007%	$650K	$14K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.014%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	805.45	+0.030%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	804.39	−0.101%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	805.97	+0.096%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0710%	1h	805.37	+0.021%	$3.0M	$5.5M	40x	as long as short