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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 21:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.053%
Price spread now: Reya against Binance−0.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Reya
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—+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.108% cheaper against Binance than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT806.330.0094pay 0.0094% / 8h3h 32m$519.1M$806.4M75x
ShortReya BNBRUSDPERP805.460.0336get 0.0042% / 1h32m 31s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$50.68
Price spread: −0.108% → 0.000%
−$10.78
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$23.89
Costs to cover
0.160%
Break-even
3.7 days
Slippage unknown: Binance: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

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, 2 min ago0.06 bp5.1 bp −$57.1 bp −$7115.5 bp −$1,553doesn't fit
Sell Reya no order-book sample—————
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h805.69−0.079%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.71+0.048%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.145%$3.0M$29.8M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.50+0.022%$115K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.73−0.198%$870K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h805.86−0.058%$9.8M—150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h804.75−0.195%$609K$902K50xas long as short
Variational Omni BNB+0.0069%8h804.46−0.231%$4.1M$5.5M—as long as short
BingX BNB-USDT+0.0074%8h806.03−0.037%—$33.9M—as long as short
Aster BNBUSDT+0.0093%8h806.53+0.025%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0094%8h806.55+0.028%$70.5M$51.3M50xas long as short
MEXC BNB_USDT+0.0094%8h807.00+0.084%$85.2M$14.9M200xas long as short
Binance BNBUSDTlong+0.0094%8h806.33long leg$519.1M$806.4M75x
Lighter BNB+0.0096%1h806.38+0.006%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h806.00−0.040%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.25−0.009%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h805.90−0.053%$139.3M$84.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.10−0.028%$55.2M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.10−0.028%$52K$222K10xas long as short
Bulk BNB-USD+0.0100%1h806.70+0.046%$652K$11K10xas long as short
Gate BNB_USDT+0.0100%8h805.90−0.053%$36.1M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.65−0.084%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.36−0.120%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.45−0.109%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.32−0.125%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.72−0.075%$119K$876K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.86−0.182%$389K$596K50xas long as short
Derive BNB-PERP+0.0100%1h805.05−0.158%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.40−0.115%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h804.90−0.177%$396K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h805.81−0.064%$8.2M$7.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.17+0.105%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.54−0.098%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h805.01−0.163%$387K$40K10xas long as short
Phoenix BNB+0.0110%1h805.55−0.096%$173K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h804.95−0.171%$2.5M$914K50xas long as short
RISEx BNB/USDC+0.0143%1h806.09−0.029%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.744%$19K$423K30xas long as short
Hyperliquid BNB+0.0209%1h806.59+0.033%$51.8M$21.5M10xas long as short
BloFin BNB-USDT+0.0214%8h806.63+0.038%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0224%1h805.20−0.139%$72K$48K12xas long as short
01 Exchange BNBUSD+0.0288%1h806.74+0.051%$29K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.34−0.123%$1.6M$160K25xas long as short
Reya BNBRUSDPERPshort+0.0336%1h805.46−0.108%$6K$3K40x
dYdX BNB-USD+0.0389%1h805.88−0.055%$171K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0618%1h807.05+0.090%$3.0M$5.3M40xas long as short