BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.035%

Price spread now: Arcus against StandX−0.038%7-day average +0.031% · 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−$46as in the Price arb table

costs, in and out, $10k−$400.396% of the position

Long on StandX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.170%+$17 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now −0.038%, 7d avg +0.031%

Together, before fees+0.054%+ Points / potential airdropStandX: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.068% cheaper against StandX than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.031%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BNB-USD	795.20	0	get 0.0000% / 1h	29m 22s	$859K	$3.1M	30x
Short	Arcus BNB-USD	794.90	0.0100	get 0.0013% / 1h	29m 22s	$52K	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against StandX. 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 StandXbpFee ArcusbpOrdersPrice spread, now −0.038%Rate

Funding earned: $21
Price spread: −0.038% → +0.031%: −$6.84
Slippage, 4 orders: −$27.07
Fee StandX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$25.41
Costs to cover: 0.396%
Break-even: 15.5 days

Slippage from StandX: live order book, 5 min ago; Arcus: live order book, 39 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 StandX live order book, 5 min ago	4.22 bp	8.5 bp −$8	11.7 bp −$117	doesn't fit	doesn't fit
Sell Arcus live order book, 39 min ago	4.39 bp	11.0 bp −$11	23.1 bp −$231	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	794.31	−0.112%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	794.59	−0.077%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.51	−0.087%	$4K	$239	25x	as long as short
StandX BNB-USDlong	0.0000%	1h	795.20	long leg	$859K	$3.1M	30x
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	794.26	−0.118%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0025%	8h	793.33	−0.236%	$4.1M	$4.9M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.244%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	795.02	−0.023%	$6.1M	$19.7M	200x	as long as short
Gate BNB_USDT	+0.0040%	8h	794.35	−0.107%	$35.4M	$55.9M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0044%	8h	793.45	−0.220%	$3.0M	$28.8M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0050%	8h	794.45	−0.094%	—	$35.0M	—	as long as short
Phemex BNBUSDT	+0.0052%	8h	794.89	−0.039%	$69.5M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.507%	$607K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0063%	8h	795.30	+0.013%	$82.5M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	794.86	−0.043%	$494.5M	$811.3M	75x	as long as short
dYdX BNB-USD	+0.0064%	1h	794.66	−0.067%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	793.37	−0.230%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.05	−0.018%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	794.13	−0.135%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	794.80	−0.050%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	795.15	−0.006%	$52.1M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.12	−0.011%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	794.30	−0.113%	$138.8M	$75.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	794.10	−0.138%	$53.2M	$110.5M	50x	as long as short
Arcus BNB-USDshort	+0.0100%	1h	794.90	−0.038%	$52K	$134K	10x
KuCoin BNBUSDTM	+0.0100%	8h	794.53	−0.084%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	794.39	−0.102%	$77.4M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	794.24	−0.121%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.07	−0.142%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	794.59	−0.077%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	794.58	−0.078%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	794.00	−0.151%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	794.70	−0.063%	$391K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	794.16	−0.130%	$8.1M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.18	−0.003%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	794.38	−0.103%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	794.58	−0.078%	$382K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	794.90	−0.037%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0160%	8h	795.20	0.000%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.327%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	795.32	+0.015%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	794.26	−0.119%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0392%	1h	795.45	+0.031%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	795.00	−0.025%	$1.6M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	794.30	−0.113%	$68K	$38K	12x	as long as short