BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: Binance against BloFin0.000%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 3 days (all we have)+0.087%+$9 · spread now 0.000%, 7d avg −0.004%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BNB-USDT	799.83	0.0236	pay 0.0236% / 8h	1h 06m	$18.3M	$2.5M	75x
Short	Binance BNBUSDT	799.83	0.0116	get 0.0116% / 8h	1h 06m	$500.3M	$818.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$25.2
Price spread: 0.000% → −0.004%: $0.43
Slippage, 4 orders: −$1.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$47.94
Costs to cover: 0.232%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 7 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 BloFin live order book, 7 min ago	0.06 bp	6.1 bp −$6	6.5 bp −$65	13.0 bp −$1,298	doesn't fit
Sell Binance live order book, 7 min ago	0.06 bp	5.2 bp −$5	7.2 bp −$72	10.0 bp −$1,001	10.6 bp −$5,304

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	799.09	−0.092%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.59	−0.030%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.27	+0.055%	$3.0M	$29.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.56	+0.091%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.05	−0.098%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0030%	8h	799.14	−0.086%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	799.26	−0.071%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0065%	8h	798.90	−0.116%	$138.8M	$78.7M	75x	as long as short
Aster BNBUSDT	+0.0096%	8h	799.81	−0.003%	$6.3M	$18.9M	200x	as long as short
Lighter BNB	+0.0096%	1h	799.52	−0.039%	$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	799.17	−0.083%	$605K	$994K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.80	−0.129%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.06	−0.096%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.00	−0.104%	$54.6M	$113.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.60	−0.029%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.90	−0.116%	$35.7M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.04	−0.099%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.97	−0.108%	$80.6M	$26.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.16	+0.041%	$4.2M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.53	+0.088%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.14	−0.086%	$121K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.07	−0.095%	$386K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.18	−0.081%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.79	−0.005%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	−0.066%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.99	−0.105%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.54	−0.036%	$78K	$19K	50x	as long as short
Kalshi KXBNBPERP	+0.0100%	8h	799.40	−0.054%	$116K	$2.9M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	798.83	−0.125%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.07	−0.095%	$384K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0116%	8h	800.30	+0.059%	$83.1M	$13.9M	200x	as long as short
Binance BNBUSDTshort	+0.0116%	8h	799.83	0.000%	$500.3M	$818.3M	75x
Phemex BNBUSDT	+0.0117%	8h	799.74	−0.011%	$69.9M	$51.2M	50x	as long as short
Phoenix BNB	+0.0155%	1h	800.03	+0.025%	$172K	$35K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.52	−0.039%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	799.19	−0.080%	$2.6M	$965K	50x	as long as short
Hibachi BNB/USDT-P	+0.0216%	1h	799.27	−0.070%	$71K	$48K	12x	as long as short
BloFin BNB-USDTlong	+0.0236%	8h	799.83	long leg	$18.3M	$2.5M	75x
Bulk BNB-USD	+0.0298%	1h	800.20	+0.047%	$650K	$21K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.658%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	799.45	−0.048%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0319%	1h	799.96	+0.016%	$51.7M	$21.6M	10x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	799.61	−0.028%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	798.81	−0.128%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0351%	1h	799.29	−0.068%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0567%	1h	800.06	+0.029%	$2.7M	$5.7M	40x	as long as short