BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.068%

Price spread now: Coinbase International against 01 Exchange+0.095%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.095% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BNBUSD	803.23	0.0320	pay 0.0040% / 1h	48m 13s	$28K	$1K	10x
Short	Coinbase International BNB-PERP-INTX	803.99	0.0088	get 0.0011% / 1h	48m 13s	$608K	$890K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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 01 ExchangebpFee Coinbase InternationalbpOrdersPrice spread, now +0.095%Rate

Funding earned: −$48.72
Price spread: +0.095% → 0.000%: $9.46
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$56.26
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 40 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 40 min ago	3.05 bp	8.6 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0195% / S +0.0371%	1h	802.58	−0.081%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.66	−0.071%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.08	−0.019%	$3.0M	$30.0M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	803.30	+0.009%	$116K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	803.05	−0.022%	$868K	$3.0M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	803.13	−0.013%	$1.6M	$167K	25x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.61	−0.078%	$9.7M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	802.89	−0.042%	$2.5M	$916K	50x	as long as short
Variational Omni BNB	+0.0063%	8h	802.15	−0.134%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0070%	8h	802.48	−0.093%	—	$13.3M	—	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0085%	8h	802.94	−0.036%	$6.4M	$18.9M	200x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0088%	1h	803.99	+0.095%	$608K	$890K	50x
Bybit BNBUSDT	+0.0096%	8h	802.13	−0.137%	$138.8M	$82.8M	75x	as long as short
Lighter BNB	+0.0096%	1h	802.91	−0.040%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.25	−0.122%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.65	−0.072%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	802.60	−0.078%	$54.9M	$115.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.70	−0.066%	$52K	$161K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.30	−0.116%	$35.9M	$58.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.51	−0.090%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.35	−0.110%	$78.9M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.76	+0.066%	$4.2M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.32	+0.011%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.45	−0.097%	$118K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.72	−0.063%	$388K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.85	−0.047%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	803.12	−0.014%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	802.70	−0.066%	$395K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.37	−0.107%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.09	−0.018%	$78K	$19K	50x	as long as short
Binance BNBUSDT	+0.0102%	8h	803.37	+0.017%	$518.2M	$806.7M	75x	as long as short
MEXC BNB_USDT	+0.0102%	8h	803.80	+0.071%	$84.3M	$13.5M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	802.35	−0.110%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.83	−0.049%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0121%	8h	803.10	−0.016%	$70.1M	$51.6M	50x	as long as short
Phoenix BNB	+0.0125%	1h	803.11	−0.015%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0161%	1h	803.16	−0.009%	$51.6M	$21.3M	10x	as long as short
Bulk BNB-USD	+0.0161%	1h	803.45	+0.028%	$649K	$11K	10x	as long as short
dYdX BNB-USD	+0.0207%	1h	802.35	−0.110%	$170K	$55K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	802.86	−0.046%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0222%	8h	802.79	−0.055%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	802.53	−0.088%	$71K	$48K	12x	as long as short
01 Exchange BNBUSDlong	+0.0320%	1h	803.23	long leg	$28K	$1K	10x
Reya BNBRUSDPERP	+0.0335%	1h	802.26	−0.121%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.210%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0682%	1h	803.45	+0.027%	$3.0M	$5.3M	40x	as long as short