BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0361%/8h= +39.5% APRnext payment +$0.45 per $10,000 · paid last 24h +0.013%

Price spread now: RISEx against SoDEX−0.018%7-day average +0.002% · 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−$19as in the Price arb table

costs, in and out, $10k−$170.170% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.082%+$8 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.018%, 7d avg +0.002%

Together, before fees+0.241%+$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.082% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	789.40	0.0100	pay 0.0013% / 1h	18m 38s	$388K	$1.0M	10x
Short	RISEx BNB/USDC	789.26	0.0461	get 0.0058% / 1h	18m 38s	$1.1M	$967K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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 SoDEXbpFee RISExbpOrdersPrice spread, now −0.018%Rate

Funding earned: $75.73
Price spread: −0.018% → +0.002%: −$1.98
Slippage, 4 orders: −$2.99
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $56.76
Costs to cover: 0.170%
Break-even: 1.8 days

Slippage from SoDEX: live order book, 5 min ago; RISEx: live order book, 5 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 SoDEX live order book, 5 min ago	0.63 bp	5.0 bp −$5	8.6 bp −$86	86.5 bp −$8,647	doesn't fit
Sell RISEx live order book, 5 min ago	0.70 bp	3.7 bp −$4	6.7 bp −$67	doesn't fit	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 −0.0187% / S +0.0352%	1h	789.21	−0.024%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.17	−0.029%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.38	−0.003%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.23	−0.022%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.988%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0038%	8h	789.42	+0.003%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDT	+0.0051%	8h	789.12	−0.035%	—	$34.4M	—	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.76	+0.046%	$69.1M	$50.0M	50x	as long as short
Binance BNBUSDT	+0.0062%	8h	789.46	+0.008%	$492.6M	$789.6M	75x	as long as short
MEXC BNB_USDT	+0.0062%	8h	789.70	+0.038%	$80.1M	$12.4M	200x	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	+0.0064%	1h	789.45	+0.006%	$582K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.00	−0.050%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.20	−0.025%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.10	−0.038%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.40	0.000%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.12	−0.036%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.80	−0.076%	$138.8M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.80	−0.076%	$53.4M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.20	−0.025%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.90	−0.063%	$35.5M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.84	−0.071%	$28.1M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.65	−0.095%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.43	+0.004%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.80	−0.075%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.71	+0.039%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.71	+0.039%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.05	−0.044%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.31	−0.011%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.82	+0.053%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	789.40	long leg	$388K	$1.0M	10x
HTX BNB-USDT	+0.0100%	8h	789.11	−0.036%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.68	+0.036%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.69	−0.090%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.33	−0.009%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.49	+0.011%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0123%	1h	789.35	−0.006%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0148%	8h	789.97	+0.072%	$2.9M	$28.6M	10x	as long as short
Kalshi KXBNBPERP	+0.0176%	8h	789.80	+0.051%	$125K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0183%	8h	789.85	+0.057%	$18.2M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	789.61	+0.026%	$1.5M	$143K	25x	as long as short
Bulk BNB-USD	+0.0222%	1h	790.13	+0.092%	$640K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	789.37	−0.004%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.01	−0.049%	$2.5M	$1.2M	50x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	788.89	−0.064%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0400%	1h	789.48	+0.010%	$67K	$38K	12x	as long as short
RISEx BNB/USDCshort	+0.0461%	1h	789.26	−0.018%	$1.1M	$967K	20x