BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.017%

Price spread now: BingX against Bitget+0.038%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days+0.037%+$4 · spread now +0.038%, 7d avg +0.063%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.025% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.063%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	786.34	0.0100	pay 0.0100% / 8h	7h 51m	$75.4M	$32.5M	75x
Short	BingX BNB-USDT	786.64	0.0036	get 0.0036% / 8h	7h 51m	—	$22.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$13.44
Price spread: +0.038% → +0.063%: −$2.51
Slippage, 4 orders: −$2.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$40.15
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 2 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 Bitget live order book, 2 min ago	0.06 bp	6.9 bp −$7	11.6 bp −$116	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	0.13 bp	5.1 bp −$5	5.1 bp −$51	8.4 bp −$841	32.6 bp −$16.3K

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 −0.0168% / S +0.0337%	1h	786.20	−0.018%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.16	−0.023%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	785.88	−0.058%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	785.91	−0.055%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	786.90	+0.071%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.79	−0.070%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0029%	8h	786.94	+0.076%	$6.0M	$18.5M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.384%	$19K	$789K	30x	as long as short
BingX BNB-USDTshort	+0.0036%	8h	786.64	+0.038%	—	$22.1M	—
Binance BNBUSDT	+0.0045%	8h	786.96	+0.078%	$489.5M	$812.4M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0045%	8h	787.70	+0.173%	$81.9M	$12.1M	200x	as long as short
dYdX BNB-USD	+0.0052%	1h	786.35	+0.001%	$159K	$62K	10x	as long as short
Lighter BNB	+0.0096%	1h	786.56	+0.028%	$2.7M	$3.6M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.15	−0.024%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.77	+0.055%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.65	+0.039%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.28	−0.008%	$138.5M	$73.4M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.30	−0.005%	$53.5M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.90	+0.071%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.25	−0.011%	$39.1M	$55.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.20	−0.018%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	786.34	long leg	$75.4M	$32.5M	75x
Backpack BNB_USDC_PERP	+0.0100%	1h	786.61	+0.034%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.82	−0.066%	$4.1M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.95	−0.050%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.57	−0.098%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.56	+0.028%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.23	−0.014%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.49	+0.020%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.64	+0.038%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.20	−0.018%	$387K	$952K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	786.54	+0.025%	$1.5M	$141K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.44	+0.013%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.94	+0.076%	$78K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.25	−0.011%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.14	−0.025%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0110%	8h	786.40	+0.008%	$171K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	786.59	+0.032%	$548K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	786.53	+0.024%	$158K	$38K	10x	as long as short
BloFin BNB-USDT	+0.0165%	8h	786.74	+0.051%	$17.9M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0208%	1h	785.85	−0.062%	$637K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	786.97	+0.080%	$28K	$3K	10x	as long as short
Phemex BNBUSDT	+0.0249%	8h	786.89	+0.070%	$68.6M	$51.1M	50x	as long as short
Reya BNBRUSDPERP	+0.0320%	1h	786.11	−0.030%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	787.11	+0.098%	$1.1M	$911K	20x	as long as short
Hibachi BNB/USDT-P	+0.0432%	1h	786.50	+0.020%	$67K	$39K	12x	as long as short