BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.013%

Price spread now: OKX against BingX−0.027%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$220.215% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.027%, 7d avg −0.041%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDT	787.41	0.0054	pay 0.0054% / 8h	1h 50m	—	$22.2M	—
Short	OKX BNB-USDT-SWAP	787.20	0.0100	get 0.0100% / 8h	1h 50m	$53.5M	$113.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $9.66
Price spread: −0.027% → −0.041%: $1.43
Slippage, 4 orders: −$1.53
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$10.44
Costs to cover: 0.215%
Break-even: 14.6 days

Slippage from BingX: live order book, 3 min ago; OKX: 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	5.1 bp −$5	5.7 bp −$57	11.9 bp −$1,194	27.5 bp −$13.7K
Sell OKX live order book, 3 min ago	0.64 bp	5.6 bp −$6	8.7 bp −$87	23.3 bp −$2,325	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	786.62	−0.100%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.57	−0.107%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	786.94	−0.060%	$849K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.66	−0.095%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.245%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0048%	8h	787.84	+0.055%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDTlong	+0.0054%	8h	787.41	long leg	—	$22.2M	—
dYdX BNB-USD	+0.0060%	1h	787.12	−0.036%	$159K	$62K	10x	as long as short
MEXC BNB_USDT	+0.0066%	8h	788.30	+0.113%	$81.0M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	787.95	+0.069%	$490.6M	$816.1M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0074%	8h	787.42	+0.001%	$68.9M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.56	−0.108%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.48	+0.009%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.79	−0.079%	$265K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.15	−0.160%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	787.61	+0.025%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.23	−0.023%	$138.5M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAPshort	+0.0100%	8h	787.20	−0.027%	$53.5M	$113.2M	50x
Arcus BNB-USD	+0.0100%	1h	787.60	+0.024%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.35	−0.008%	$37.1M	$58.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.05	−0.046%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.14	−0.034%	$76.2M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	786.52	−0.113%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.76	−0.083%	$4.1M	$75.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.43	−0.124%	$158K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.53	−0.112%	$131K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.93	−0.060%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.28	−0.016%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.90	−0.065%	$387K	$986K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.52	−0.113%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	787.80	+0.050%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.00	−0.052%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.81	−0.077%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0133%	8h	787.30	−0.014%	$169K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.00	−0.052%	$169K	$35K	10x	as long as short
Hyperliquid BNB	+0.0136%	1h	788.01	+0.076%	$51.6M	$17.6M	10x	as long as short
BloFin BNB-USDT	+0.0187%	8h	787.31	−0.013%	$17.8M	$2.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0197%	1h	787.34	−0.009%	$2.2M	$6.1M	40x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.62	−0.100%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.01	−0.050%	$2.9M	$29.6M	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	788.00	+0.075%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.19	−0.028%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.41	−0.127%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0328%	1h	787.20	−0.026%	$638K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0438%	1h	787.68	+0.034%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0560%	1h	786.62	−0.100%	$67K	$39K	12x	as long as short