BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%

Price spread now: Coinbase International against RISEx+0.027%7-day average −0.037% · 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−$18as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.179%−$18 on $10k

Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.027%, 7d avg −0.037%

Together, before fees−0.332%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.063% dearer against RISEx than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.037%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 3 days (−0.179% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	795.32	0.0131	pay 0.0016% / 1h	22m 30s	$1.1M	$1.1M	20x
Short	Coinbase International BNB-PERP-INTX	795.53	0.0056	get 0.0007% / 1h	22m 30s	$610K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$15.82
Price spread: +0.027% → −0.037%: $6.31
Slippage, 4 orders: −$8.16
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$33.67
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Coinbase International: 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 RISEx live order book, 1 min ago	0.57 bp	4.1 bp −$4	7.4 bp −$74	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.58 bp	8.7 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%	1h	794.86	−0.058%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	794.86	−0.058%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	795.41	+0.011%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	795.71	+0.049%	$860K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	794.89	−0.054%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	795.62	+0.038%	$4.1M	$4.8M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.229%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0037%	8h	795.66	+0.043%	$6.1M	$19.7M	200x	as long as short
BingX BNB-USDC	+0.0050%	8h	795.32	0.000%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0052%	8h	795.48	+0.020%	$69.6M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BNB_USDT	+0.0052%	8h	794.80	−0.065%	$35.4M	$56.4M	75x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0056%	1h	795.53	+0.027%	$610K	$1.1M	50x
MEXC BNB_USDT	+0.0063%	8h	795.70	+0.048%	$82.6M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	795.43	+0.014%	$494.8M	$810.0M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0068%	8h	796.16	+0.106%	$3.0M	$28.5M	10x	as long as short
dYdX BNB-USD	+0.0078%	1h	795.36	+0.006%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	795.80	+0.061%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.35	+0.004%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	794.81	−0.064%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	795.15	−0.021%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	795.66	+0.043%	$52.1M	$19.3M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.41	+0.011%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	794.90	−0.053%	$139.0M	$75.7M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	794.70	−0.078%	$53.3M	$110.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	795.30	−0.002%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	794.85	−0.059%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	794.77	−0.069%	$77.4M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	795.83	+0.064%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	795.67	+0.044%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	794.99	−0.041%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	795.13	−0.024%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	795.40	+0.010%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	795.10	−0.027%	$391K	$998K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	795.34	+0.002%	$8.2M	$8.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.74	+0.053%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	794.80	−0.065%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	795.01	−0.038%	$382K	$110K	10x	as long as short
RISEx BNB/USDClong	+0.0131%	1h	795.32	long leg	$1.1M	$1.1M	20x
Kalshi KXBNBPERP	+0.0155%	8h	795.40	+0.010%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0195%	1h	795.93	+0.076%	$644K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	795.39	+0.009%	$28K	$2K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	795.42	+0.013%	$1.6M	$160K	25x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	794.75	−0.071%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0383%	1h	795.76	+0.055%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	795.40	+0.010%	$68K	$38K	12x	as long as short