Funding you earn now, next payment 07:00 UTC+0.0230%/8h= +25.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.074%
Price spread now: Bulk against StandX−0.120%7-day average +0.030% · 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−$43as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 4 days (all we have)+0.350%+$35 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.120%, 7d avg +0.030%
=Together, before fees+0.310%+ Points / potential airdropStandX: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.150% cheaper against StandX than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.030%). If the spread goes back, that is −$15 on $10k: about 2.2 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BNB-USD | 787.83 | 0 | get 0.0000% / 1h | 58m 54s | $850K | $2.7M | 30x |
| Short | Bulk BNB-USD | 786.88 | 0.0230 | get 0.0029% / 1h | 58m 54s | $638K | $831 | 10x |
StandX BNB-USD
Bulk BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against StandX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.2
- Price spread: −0.120% → +0.030%
- −$15.02
- Slippage, 4 orders
- −$13.03
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $5.15
- Costs to cover
- 0.280%
- Break-even
- 6.3 days
Slippage from StandX: live order book, 5 min ago; Bulk: live order book, 45 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 | 4.06 bp | 8.8 bp −$9 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 45 min ago | 0.06 bp | 3.6 bp −$4 | 4.5 bp −$45 | 7.1 bp −$714 | 14.2 bp −$7,112 |
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 −0.0170% / S +0.0337% | 1h | 786.48 | −0.171% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.89 | −0.119% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 786.50 | −0.168% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USDlong | 0.0000% | 1h | 787.83 | long leg | $850K | $2.7M | 30x | |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.50 | −0.169% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.191% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0047% | 8h | 786.51 | −0.168% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 787.01 | −0.104% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0057% | 8h | 787.70 | −0.017% | $81.0M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 787.01 | −0.104% | $489.1M | $821.4M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDC
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | +0.0067% | 1h | 786.64 | −0.151% | $159K | $62K | 10x | as long as short |
| Phemex BNBUSDT | +0.0075% | 8h | 787.13 | −0.089% | $68.8M | $51.3M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.72 | −0.140% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.35 | −0.188% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.05 | −0.099% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.76 | −0.136% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.40 | −0.182% | $138.4M | $75.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.20 | −0.207% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.80 | −0.131% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.40 | −0.182% | $38.0M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.06 | −0.225% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.20 | −0.207% | $76.7M | $31.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.88 | −0.121% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.243% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.76 | −0.135% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.93 | −0.114% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.43 | −0.178% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.53 | −0.165% | $265K | $454K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.05 | −0.099% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.09 | −0.094% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.70 | −0.143% | $387K | $977K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.93 | −0.115% | $1.5M | $145K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.63 | −0.152% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.06 | −0.098% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.13 | −0.215% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.52 | −0.166% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 787.43 | −0.051% | $564K | $1.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 787.00 | −0.105% | $171K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.67 | −0.147% | $169K | $34K | 10x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 787.39 | −0.056% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.06 | −0.098% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USDshort | +0.0230% | 1h | 786.88 | −0.120% | $638K | $831 | 10x | |
| 01 Exchange BNBUSD | +0.0288% | 1h | 787.18 | −0.083% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 786.20 | −0.206% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 786.79 | −0.131% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 786.61 | −0.155% | $67K | $39K | 12x | as long as short |
dYdX BNB-USD
Phemex BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Kalshi KXBNBPERP
Phoenix BNB
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P