Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Deribit against RISEx+0.080%7-day average +0.023% · 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−$19as in the Price arb table
costs, in and out, $10k−$240.245% of the position
Long on RISExShort on Deribit
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.088%−$9 on $10k
Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.080%, 7d avg +0.023%
Together, before fees−0.191%−$19 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 Deribit is 0.058% dearer against RISEx than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 3 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC798.140.0155pay 0.0019% / 1h8m 33s$1.1M$1.4M20x
ShortDeribit BNB_USDC-PERPETUAL798.780.0200get 0.0025% / 1h8m 33s$1.6M$161K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$9.48
Price spread: +0.080% → +0.023%
$5.77
Slippage, 4 orders
−$11.49
Fee RISEx: 3 bp × 2 orders
−$6
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$9.24
Costs to cover
0.245%
Break-even
13.8 days
Slippage from RISEx: live order book, 5 min ago; Deribit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 5 min ago0.38 bp3.4 bp −$37.7 bp −$77doesn't fitdoesn't fit
Sell Deribit live order book, 5 min ago3.94 bp7.4 bp −$713.4 bp −$134doesn't fitdoesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0159% / S +0.0335%1h798.34+0.025%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.95−0.023%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.55+0.052%$4K$23925xas long as short
Gate BNB_USDT−0.0003%8h797.60−0.067%$35.9M$57.0M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.74+0.200%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.57+0.179%$865K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h798.88+0.093%$69.8M$50.1M50xas long as short
Variational Omni BNB+0.0008%8h797.92−0.028%$4.1M$5.1M—as long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.33+0.025%$9.7M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.871%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDC+0.0035%8h798.30+0.020%—$13.3M—as long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.117%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0048%8h798.61+0.059%$6.1M$19.4M200xas long as short
Bybit BNBUSDT+0.0071%8h798.00−0.017%$138.6M$76.0M75xas long as short
MEXC BNB_USDT+0.0072%8h798.80+0.083%$83.1M$13.7M200xas long as short
Binance BNBUSDT+0.0072%8h798.59+0.057%$496.1M$808.1M75xas long as short
Lighter BNB+0.0096%1h798.15+0.002%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.02+0.110%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.95−0.024%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.26+0.015%$1.2M$930K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.90−0.030%$54.1M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h798.30+0.020%$52K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.01−0.016%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h797.68−0.057%$78.1M$28.0M75xas long as short
edgeX BNBUSDC+0.0100%4h798.74+0.076%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.57+0.054%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.97−0.021%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.33+0.024%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.44+0.038%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.09+0.119%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40+0.033%$393K$996K10xas long as short
HTX BNB-USDT+0.0100%8h798.40+0.033%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.54+0.050%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h797.57−0.071%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.33+0.024%$383K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.042%$648K$10K10xas long as short
RISEx BNB/USDClong+0.0155%1h798.14long leg$1.1M$1.4M20x
Kalshi KXBNBPERP+0.0161%8h799.10+0.121%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0189%1h798.50+0.046%$161K$63K10xas long as short
BloFin BNB-USDT+0.0192%8h799.07+0.117%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.56+0.053%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUALshort+0.0200%1h798.78+0.080%$1.6M$161K25x
Hyperliquid BNB+0.0286%1h798.96+0.103%$53.1M$20.1M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.86−0.035%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0344%1h798.94+0.100%$68K$39K12xas long as short
Backpack BNB_USDC_PERP+0.0431%1h799.02+0.110%$2.7M$5.7M40xas long as short