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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.082%
Price spread now: dYdX against Binance−0.016%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Long on BinanceShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.478%+$48 on $10k
Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.016%, 7d avg −0.082%
Together, before fees+0.392%+$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.066% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT787.250.0067pay 0.0067% / 8h1h 49m$490.4M$816.5M75x
ShortdYdX BNB-USD787.120.0060get 0.0008% / 1h49m 45s$159K$62K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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

Funding earned
−$1.44
Price spread: −0.016% → −0.082%
$6.62
Slippage, 4 orders
−$41.92
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$56.74
Costs to cover
0.619%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; dYdX: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.06 bp5.1 bp −$55.6 bp −$5614.4 bp −$1,435doesn't fit
Sell dYdX live order book, 59 min ago11.80 bp25.5 bp −$2567.8 bp −$678112.2 bp −$11.2K148.7 bp −$74.4K

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0170% / S +0.0337%1h787.27+0.003%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.57−0.086%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.31+0.008%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.40+0.020%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.266%$19K$789K30xas long as short
Aster BNBUSDT+0.0048%8h787.36+0.015%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0054%8h787.05−0.025%—$22.2M—as long as short
dYdX BNB-USDshort+0.0060%1h787.12−0.016%$159K$62K10x
MEXC BNB_USDT+0.0066%8h787.70+0.057%$81.0M$12.0M200xas long as short
Binance BNBUSDTlong+0.0067%8h787.25long leg$490.4M$816.5M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0072%8h788.06+0.103%$68.9M$51.1M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.56−0.088%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.85−0.050%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.44+0.024%$265K$471K50xas long as short
Nado BNB-PERP+0.0100%1h786.15−0.140%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h787.00−0.032%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.70−0.070%$138.5M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60−0.082%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.60+0.045%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.95−0.038%$37.1M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.63−0.079%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.69−0.071%$76.2M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h786.52−0.093%$4.0M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h786.76−0.063%$4.1M$75.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.43−0.104%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.24−0.001%$132K$949K10xas long as short
Derive BNB-PERP+0.0100%1h787.57+0.040%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.92+0.085%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.50+0.032%$387K$986K10xas long as short
HTX BNB-USDT+0.0100%8h787.13−0.014%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.07−0.023%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.74−0.065%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h787.45+0.025%$378K$110K10xas long as short
Hyperliquid BNB+0.0133%1h787.50+0.032%$51.5M$17.6M10xas long as short
Kalshi KXBNBPERP+0.0134%8h787.90+0.083%$170K$2.7M4.8xas long as short
Phoenix BNB+0.0135%1h787.00−0.032%$169K$35K10xas long as short
BloFin BNB-USDT+0.0187%8h787.31+0.008%$17.8M$2.2M75xas long as short
Backpack BNB_USDC_PERP+0.0190%1h787.87+0.079%$2.2M$6.1M40xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h787.31+0.007%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.01−0.030%$2.9M$29.6M10xas long as short
01 Exchange BNBUSD+0.0272%1h788.00+0.095%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.79+0.069%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0322%1h787.11−0.018%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20−0.006%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h787.68+0.055%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0560%1h786.62−0.080%$67K$39K12xas long as short