Funding you earn now, next payment 11:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.054%
Price spread now: Lighter against 01 Exchange−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.030% cheaper against 01 Exchange than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 787.98 | 0.0240 | pay 0.0030% / 1h | 58m 56s | $28K | $3K | 10x |
| Short | Lighter BNB | 787.75 | 0.0096 | get 0.0012% / 1h | 58m 56s | $2.7M | $3.3M | 20x |
01 Exchange BNBUSD
Lighter BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.24
- Price spread: −0.030% → 0.000%
- −$2.98
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$40.22
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 7 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 Lighter live order book, 7 min ago | 0.99 bp | 1.0 bp −$1 | 3.9 bp −$39 | 13.1 bp −$1,306 | 70.2 bp −$35.1K |
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 45 exchanges
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 −0.0166% / S +0.0336% | 1h | 787.50 | −0.061% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 787.52 | −0.058% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.09 | +0.014% | $4K | — | 25x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 788.24 | +0.033% | $6.0M | $17.2M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.90 | −0.010% | $2.9M | $26.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 788.00 | +0.003% | $139K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.59 | +0.077% | $850K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.65 | −0.042% | $9.5M | — | 150x | as long as short |
| MEXC BNB_USDT | +0.0017% | 8h | 789.30 | +0.168% | $83.4M | $11.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0017% | 8h | 788.16 | +0.023% | $481.8M | $769.7M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
MEXC BNB_USDT
Binance BNBUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.171% | $19K | $789K | 30x | as long as short |
| Bybit BNBUSDT | +0.0057% | 8h | 787.40 | −0.074% | $138.6M | $67.6M | 75x | as long as short |
| BloFin BNB-USDT | +0.0070% | 8h | 788.17 | +0.024% | $18.4M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0091% | 8h | 788.08 | +0.013% | $68.5M | $51.1M | 50x | as long as short |
| Phoenix BNB | +0.0094% | 1h | 787.98 | 0.000% | $158K | $44K | 10x | as long as short |
| Lighter BNBshort | +0.0096% | 1h | 787.75 | −0.030% | $2.7M | $3.3M | 20x | |
| Nado BNB-PERP | +0.0100% | 1h | 787.45 | −0.067% | $1.4M | $2.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.20 | +0.028% | $51.9M | $16.9M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.90 | −0.010% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.50 | −0.061% | $53.3M | $102.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.70 | −0.036% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.55 | −0.055% | $41.0M | $53.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.54 | −0.056% | $28.2M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.57 | −0.052% | $75.7M | $31.1M | 75x | as long as short |
| BingX BNB-USDC | +0.0100% | 8h | 787.72 | −0.033% | — | $13.4M | — | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.00 | +0.003% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.17 | −0.103% | $4.3M | $4.5M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.96 | −0.002% | $4.1M | $75.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.19 | +0.027% | $159K | $444K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.50 | −0.061% | $130K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.67 | −0.039% | $265K | $297K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.14 | +0.021% | $12K | $1.4M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.80 | −0.023% | $387K | $926K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 787.96 | −0.002% | $1.5M | $157K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.75 | −0.029% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.05 | +0.009% | $78K | $336K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.29 | −0.088% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.67 | −0.039% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 788.03 | +0.006% | $545K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSDlong | +0.0240% | 1h | 787.98 | long leg | $28K | $3K | 10x | |
| Bulk BNB-USD | +0.0277% | 1h | 788.58 | +0.076% | $639K | $0 | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0317% | 1h | 787.00 | −0.124% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0328% | 1h | 787.99 | +0.002% | $67K | $37K | 12x | as long as short |
| dYdX BNB-USD | +0.0377% | 1h | 788.12 | +0.018% | $158K | $34K | 10x | as long as short |
| RISEx BNB/USDC | +0.0393% | 1h | 787.79 | −0.024% | $1.1M | $901K | 20x | as long as short |
Injective BNB/USDC PERP
Bybit BNBUSDT
BloFin BNB-USDT
Phemex BNBUSDT
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
BingX BNB-USDC
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
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
Bulk BNB-USD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
dYdX BNB-USD
RISEx BNB/USDC