BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h −0.001%

Price spread now: HTX against Aster−0.062%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.062%, 7d avg −0.093%

Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.031% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	787.99	0.0050	pay 0.0050% / 8h	1h 30m	$6.1M	$18.8M	200x
Short	HTX BNB-USDT	787.50	0.0100	get 0.0100% / 8h	1h 30m	$8.0M	$10.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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 AsterbpFee HTXbpOrdersPrice spread, now −0.062%Rate

Funding earned: $10.4
Price spread: −0.062% → −0.093%: $3.11
Slippage, 4 orders: −$8.52
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$15
Costs to cover: 0.285%
Break-even: 17.1 days

Slippage from Aster: live order book, 4 min ago; HTX: live order book, 4 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 Aster live order book, 4 min ago	0.25 bp	4.9 bp −$5	6.3 bp −$63	18.2 bp −$1,824	doesn't fit
Sell HTX live order book, 4 min ago	1.74 bp	7.8 bp −$8	11.4 bp −$114	41.8 bp −$4,178	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 −0.0170% / S +0.0337%	1h	786.45	−0.196%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.94	−0.133%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.19	−0.102%	$849K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.52	−0.187%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.170%	$19K	$789K	30x	as long as short
Aster BNBUSDTlong	+0.0050%	8h	787.99	long leg	$6.1M	$18.8M	200x
BingX BNB-USDT	+0.0051%	8h	786.93	−0.135%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0064%	8h	788.90	+0.115%	$81.2M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0065%	8h	788.06	+0.008%	$491.0M	$816.2M	75x	as long as short
dYdX BNB-USD	+0.0073%	1h	786.36	−0.207%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0077%	8h	787.70	−0.037%	$68.9M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.00	−0.126%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.17	−0.104%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.45	−0.196%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.13	−0.109%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.84	−0.146%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.49	−0.064%	$138.6M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.050%	$53.5M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.60	−0.177%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.75	−0.158%	$37.4M	$59.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.30	−0.088%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.52	−0.060%	$76.2M	$31.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.98	−0.128%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.11	−0.238%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.71	−0.163%	$4.1M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.63	−0.173%	$158K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.50	−0.189%	$131K	$951K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.11	−0.112%	$265K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.03	−0.249%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.18	−0.103%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.10	−0.113%	$387K	$982K	10x	as long as short
HTX BNB-USDTshort	+0.0100%	8h	787.50	−0.062%	$8.0M	$10.2M	75x
Paradex BNB-USD-PERP	+0.0101%	8h	787.24	−0.096%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.66	−0.169%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.11	−0.112%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0135%	1h	786.26	−0.220%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	787.20	−0.100%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0185%	8h	787.15	−0.107%	$17.7M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	787.21	−0.099%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0229%	8h	787.25	−0.094%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	787.13	−0.109%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0291%	1h	787.29	−0.089%	$638K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.49	−0.064%	$1.5M	$145K	25x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.31	−0.214%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.84	−0.147%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	786.61	−0.175%	$67K	$39K	12x	as long as short