BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%

Price spread now: MEXC against Bitget+0.196%7-day average +0.239% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$210.205% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 7 days+0.064%+$6 · spread now +0.196%, 7d avg +0.239%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.043% cheaper against Bitget than usual: you would sell low and buy high (spread +0.196% now, against its 7-day average of +0.239%). If the spread goes back, that is −$4 on $10k: about 8.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	799.73	0.0100	pay 0.0100% / 8h	1h 14m	$80.8M	$26.6M	75x
Short	MEXC BNB_USDT	801.30	0.0117	get 0.0117% / 8h	1h 14m	$83.3M	$13.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.196%Rate

Funding earned: $3.57
Price spread: +0.196% → +0.239%: −$4.28
Slippage, 4 orders: −$4.54
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$21.24
Costs to cover: 0.205%
Break-even: 48.7 days

Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	0.06 bp	7.5 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.62 bp	2.6 bp −$3	6.3 bp −$63	16.9 bp −$1,695	32.2 bp −$16.1K

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 −0.0201% / S +0.0372%	1h	800.09	+0.046%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.55	+0.103%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.94	+0.151%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	800.90	+0.146%	$147K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	800.90	+0.146%	$866K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.17	+0.055%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0035%	8h	799.95	+0.028%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0059%	8h	800.26	+0.066%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0069%	8h	799.70	−0.004%	$139.2M	$79.8M	75x	as long as short
Lighter BNB	+0.0096%	1h	800.47	+0.092%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	+0.180%	$610K	$995K	50x	as long as short
Aster BNBUSDT	+0.0097%	8h	800.75	+0.128%	$6.3M	$19.0M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.87	+0.017%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.38	+0.081%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.80	+0.009%	$54.6M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.50	+0.096%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	799.90	+0.021%	$35.7M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.99	+0.033%	$28.0M	$10.5M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	799.73	long leg	$80.8M	$26.6M	75x
edgeX BNBUSDC	+0.0100%	4h	801.22	+0.187%	$4.2M	$77.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.94	+0.151%	$161K	$443K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.11	+0.048%	$121K	$877K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.14	+0.051%	$387K	$527K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.31	+0.073%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.77	+0.130%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.30	+0.071%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.55	+0.103%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.76	+0.129%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.57	−0.020%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.20	+0.059%	$384K	$40K	10x	as long as short
Binance BNBUSDT	+0.0117%	8h	800.66	+0.116%	$502.9M	$817.9M	75x	as long as short
MEXC BNB_USDTshort	+0.0117%	8h	801.30	+0.196%	$83.3M	$13.8M	200x
Phemex BNBUSDT	+0.0119%	8h	800.73	+0.125%	$70.0M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.63	+0.238%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0192%	1h	800.13	+0.049%	$71K	$48K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	800.54	+0.102%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.11	+0.047%	$2.6M	$971K	50x	as long as short
BloFin BNB-USDT	+0.0237%	8h	800.50	+0.096%	$18.3M	$2.5M	75x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.670%	$19K	$789K	30x	as long as short
dYdX BNB-USD	+0.0314%	1h	799.94	+0.026%	$161K	$62K	10x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.371%	$652K	$21K	10x	as long as short
Hyperliquid BNB	+0.0318%	1h	801.12	+0.174%	$51.8M	$21.9M	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	800.37	+0.080%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	800.86	+0.141%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	799.76	+0.003%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0588%	1h	801.02	+0.161%	$2.7M	$5.7M	40x	as long as short