BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h +0.090%

Price spread now: dYdX against RISEx−0.112%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on RISEx Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.272%+$27 on $10k

Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.112%, 7d avg −0.021%

Together, before fees+0.364%+$36 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 dYdX is 0.090% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.272%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	801.48	0.0318	pay 0.0040% / 1h	25m 44s	$1.1M	$1.4M	20x
Short	dYdX BNB-USD	800.59	0.0212	get 0.0027% / 1h	25m 44s	$161K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$22.34
Price spread: −0.112% → −0.021%: −$9.02
Slippage, 4 orders: −$38.91
Fee RISEx: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$86.27
Costs to cover: 0.549%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; dYdX: live order book, 58 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, 3 min ago	1.25 bp	4.2 bp −$4	9.3 bp −$93	doesn't fit	doesn't fit
Sell dYdX live order book, 58 min ago	12.51 bp	19.7 bp −$20	155.0 bp −$1,550	267.1 bp −$26.7K	529.2 bp −$264.6K

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 −0.0201% / S +0.0372%	1h	800.81	−0.083%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.35	−0.016%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	801.71	+0.029%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	801.50	+0.002%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	801.64	+0.020%	$866K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.86	−0.077%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0040%	8h	800.85	−0.079%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0065%	8h	801.25	−0.029%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0078%	8h	800.50	−0.122%	$139.4M	$83.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	800.99	−0.061%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.039%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0099%	8h	801.28	−0.025%	$6.3M	$19.2M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	800.67	−0.101%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.08	−0.049%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.90	−0.072%	$54.8M	$117.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.50	+0.002%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.00	−0.060%	$35.8M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.74	−0.092%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.88	−0.075%	$81.0M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.89	+0.051%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.93	+0.056%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.77	−0.089%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.82	−0.082%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.10	−0.047%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.57	+0.011%	$12K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.84	−0.080%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.36	−0.015%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.65	−0.104%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.84	−0.080%	$385K	$40K	10x	as long as short
SoDEX BNB-USD	+0.0114%	1h	800.90	−0.072%	$394K	$1.0M	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	801.80	+0.040%	$83.4M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	801.38	−0.012%	$503.7M	$829.2M	75x	as long as short
Phemex BNBUSDT	+0.0124%	8h	801.19	−0.036%	$70.0M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.68	+0.025%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0160%	1h	801.15	−0.041%	$71K	$48K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.19	−0.036%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.62	−0.108%	$2.6M	$983K	50x	as long as short
dYdX BNB-USDshort	+0.0212%	1h	800.59	−0.112%	$161K	$62K	10x
BloFin BNB-USDT	+0.0239%	8h	801.70	+0.027%	$18.4M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0292%	1h	801.89	+0.051%	$51.9M	$22.3M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.450%	$19K	$789K	30x	as long as short
RISEx BNB/USDClong	+0.0318%	1h	801.48	long leg	$1.1M	$1.4M	20x
01 Exchange BNBUSD	+0.0328%	1h	801.35	−0.016%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	800.46	−0.127%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0354%	1h	801.59	+0.013%	$651K	$21K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0648%	1h	801.37	−0.014%	$2.7M	$5.7M	40x	as long as short