BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against OKX−0.130%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.186%+$19 · spread now −0.130%, 7d avg +0.014%

Together, before fees+0.189%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.144% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BNB-USDT-SWAP	798.70	0.0100	pay 0.0100% / 8h	7h 16m	$54.2M	$111.0M	50x
Short	BingX BNB-USDC	797.66	0.0007	get 0.0007% / 8h	7h 16m	—	$13.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.130%Rate

Funding earned: −$19.53
Price spread: −0.130% → +0.014%: −$14.42
Slippage, 4 orders: −$6.24
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$60.19
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 7 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, 3 min ago	0.63 bp	5.6 bp −$6	7.4 bp −$74	18.8 bp −$1,881	doesn't fit
Sell BingX live order book, 7 min ago	0.31 bp	6.8 bp −$7	9.3 bp −$93	17.9 bp −$1,791	64.7 bp −$32.4K

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 −0.0159% / S +0.0335%	1h	798.65	−0.007%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.89	+0.024%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.43	−0.034%	$4K	$239	25x	as long as short
Gate BNB_USDT	0.0000%	8h	798.50	−0.025%	$35.9M	$56.8M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.85	+0.019%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.98	+0.035%	$863K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	−0.034%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDCshort	+0.0007%	8h	797.66	−0.130%	—	$13.3M	—
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.65	−0.006%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0023%	8h	799.53	+0.104%	$69.8M	$50.2M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BNBUSDT	+0.0030%	8h	798.70	0.000%	$138.7M	$76.3M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.800%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.046%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	799.40	+0.088%	$6.1M	$19.4M	200x	as long as short
MEXC BNB_USDT	+0.0074%	8h	799.80	+0.138%	$83.2M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0075%	8h	799.43	+0.091%	$496.4M	$811.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.12	+0.052%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.13	+0.054%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.45	−0.031%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.98	+0.035%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAPlong	+0.0100%	8h	798.70	long leg	$54.2M	$111.0M	50x
Arcus BNB-USD	+0.0100%	1h	799.10	+0.050%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.72	+0.003%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.51	−0.024%	$78.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.91	+0.026%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.95	+0.031%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.67	−0.004%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.73	+0.004%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.86	+0.020%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.43	+0.091%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.90	+0.025%	$393K	$997K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.45	−0.032%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.39	+0.086%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.53	−0.021%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.82	+0.015%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.113%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.90	+0.025%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.30	+0.075%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0195%	8h	798.84	+0.018%	$18.1M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0198%	1h	798.51	−0.024%	$161K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	799.33	+0.079%	$28K	$1K	10x	as long as short
Hibachi BNB/USDT-P	+0.0280%	1h	797.79	−0.114%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0293%	1h	799.60	+0.113%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.24	+0.068%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.46	−0.030%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0426%	1h	799.14	+0.055%	$2.7M	$5.7M	40x	as long as short