BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%

Price spread now: SoDEX against RISEx+0.006%7-day average −0.001% · 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−$17as in the Price arb table

costs, in and out, $10k−$170.172% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.078%−$8 on $10k

Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.006%, 7d avg −0.001%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, 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	RISEx BNB/USDC	793.05	0.0131	pay 0.0016% / 1h	45m 50s	$1.1M	$1.4M	20x
Short	SoDEX BNB-USD	793.10	0.0100	get 0.0013% / 1h	45m 50s	$390K	$995K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$6.58
Price spread: +0.006% → −0.001%: $0.67
Slippage, 4 orders: −$3.18
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$23.09
Costs to cover: 0.172%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; SoDEX: live order book, 38 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	0.63 bp	3.6 bp −$4	8.0 bp −$80	doesn't fit	doesn't fit
Sell SoDEX live order book, 38 min ago	0.63 bp	4.9 bp −$5	8.6 bp −$86	81.8 bp −$8,184	doesn't fit

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 −0.0161% / S +0.0334%	1h	792.73	−0.040%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.99	−0.009%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.03	−0.003%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0024%	8h	792.55	−0.064%	$35.4M	$55.4M	75x	as long as short
StandX BNB-USD	0.0000%	1h	793.57	+0.065%	$858K	$3.0M	30x	as long as short
GRVT BNB_USDT_Perp	+0.0002%	8h	793.91	+0.108%	$3.0M	$28.4M	10x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.91	−0.018%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0010%	8h	792.53	−0.067%	$4.1M	$5.0M	—	as long as short
Aster BNBUSDT	+0.0033%	8h	793.40	+0.044%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.518%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0033%	8h	793.54	+0.061%	$69.3M	$50.3M	50x	as long as short
dYdX BNB-USD	+0.0039%	1h	793.14	+0.011%	$160K	$63K	10x	as long as short
BingX BNB-USDT	+0.0050%	8h	792.91	−0.018%	—	$35.0M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	792.52	−0.067%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.50	+0.056%	$82.3M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.27	+0.027%	$493.5M	$815.3M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.123%	$170K	$36K	10x	as long as short
Bybit BNBUSDT	+0.0089%	8h	792.80	−0.032%	$138.1M	$77.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	792.92	−0.017%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.95	−0.013%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	792.75	−0.038%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	793.16	+0.013%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	792.60	−0.057%	$53.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.10	+0.006%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	792.81	−0.031%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.84	−0.027%	$77.4M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.89	+0.106%	$4.1M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.99	+0.118%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.66	−0.050%	$112K	$887K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.19	+0.017%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.39	+0.042%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USDshort	+0.0100%	1h	793.10	+0.006%	$390K	$995K	10x
HTX BNB-USDT	+0.0100%	8h	792.75	−0.039%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.49	+0.055%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.50	−0.070%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	793.08	+0.003%	$381K	$110K	10x	as long as short
Hyperliquid BNB	+0.0124%	1h	793.42	+0.046%	$52.6M	$19.8M	10x	as long as short
RISEx BNB/USDClong	+0.0131%	1h	793.05	long leg	$1.1M	$1.4M	20x
Kalshi KXBNBPERP	+0.0160%	8h	793.40	+0.044%	$112K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.020%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.127%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	793.55	+0.062%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.51	−0.069%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0371%	1h	793.78	+0.091%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	793.57	+0.065%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0472%	1h	793.05	0.000%	$68K	$38K	12x	as long as short