BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.008%

Price spread now: Bybit against BingX−0.071%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.071%, 7d avg −0.048%

Together, before fees−0.032%−$3 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: Bybit is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDT	786.76	0.0010	pay 0.0010% / 8h	5h 29m	—	$50.4M	—
Short	Bybit BNBUSDT	786.20	0.0006	get 0.0006% / 8h	5h 29m	$138.5M	$65.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$0.86
Price spread: −0.071% → −0.048%: −$2.37
Slippage, 4 orders: −$3.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$27.34
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 3 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 BingX live order book, 3 min ago	0.13 bp	6.1 bp −$6	6.8 bp −$68	12.6 bp −$1,257	33.1 bp −$16.5K
Sell Bybit live order book, 3 min ago	0.64 bp	6.8 bp −$7	8.6 bp −$86	22.4 bp −$2,242	111.1 bp −$55.5K

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	786.63	−0.017%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0085%	1h	786.65	−0.014%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.49	+0.093%	$4K	—	25x	as long as short
Aster BNBUSDT	0.0000%	8h	787.20	+0.056%	$6.0M	$16.9M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	786.44	−0.041%	$2.9M	$26.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.10	+0.043%	$155K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	787.24	+0.061%	$849K	$3.0M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	786.91	+0.018%	$1.5M	$148K	25x	as long as short
Bybit BNBUSDTshort	+0.0006%	8h	786.20	−0.071%	$138.5M	$65.8M	75x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.78	−0.125%	$9.5M	—	150x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDTlong	+0.0010%	8h	786.76	long leg	—	$50.4M	—
MEXC BNB_USDT	+0.0012%	8h	788.00	+0.158%	$83.3M	$11.8M	200x	as long as short
Binance BNBUSDT	+0.0013%	8h	787.12	+0.046%	$480.7M	$759.7M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.330%	$19K	$789K	30x	as long as short
BloFin BNB-USDT	+0.0050%	8h	787.12	+0.046%	$18.5M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0085%	8h	787.23	+0.060%	$68.4M	$50.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.80	+0.005%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.50	−0.033%	$1.4M	$2.3M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.15	+0.050%	$51.9M	$16.9M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.87	+0.014%	$1.2M	$930K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.50	−0.033%	$53.4M	$101.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.80	+0.005%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.65	−0.014%	$41.6M	$54.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.55	−0.027%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.26	−0.064%	$75.7M	$31.0M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.06	+0.038%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.47	−0.165%	$4.3M	$4.4M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.31	−0.058%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.13	−0.080%	$158K	$460K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.51	−0.032%	$128K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.75	−0.001%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.21	+0.057%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	+0.005%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.99	+0.029%	$8.0M	$9.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.88	+0.015%	$78K	$899K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.23	−0.067%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.50	−0.033%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	786.99	+0.029%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.08	+0.041%	$548K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	787.13	+0.047%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.61	+0.108%	$638K	$811	10x	as long as short
Reya BNBRUSDPERP	+0.0316%	1h	786.09	−0.086%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0336%	1h	786.10	−0.084%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	786.18	−0.074%	$1.1M	$903K	20x	as long as short
dYdX BNB-USD	+0.1172%	1h	786.11	−0.082%	$158K	$34K	10x	as long as short