Funding you earn now, next payment 02:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.001%
Price spread now: Binance against Extended+0.088%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now +0.088%, 7d avg +0.138%
=Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.050% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.138%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 791.75 | 0.0104 | pay 0.0013% / 1h | 42m 54s | $1.7M | $6.0M | 50x |
| Short | Binance BNBUSDT | 792.45 | 0.0061 | get 0.0061% / 8h | 6h 42m | $492.6M | $816.2M | 75x |
Extended BNB-USD
Binance BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.97
- Price spread: +0.088% → +0.138%
- −$5
- Slippage, 4 orders
- −$2.42
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.39
- Costs to cover
- 0.174%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Binance: live order book, 16 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 Extended live order book, 1 min ago | 0.50 bp | 3.1 bp −$3 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.06 bp | 5.1 bp −$5 | 6.3 bp −$63 | 14.6 bp −$1,455 | 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 −0.0167% / S +0.0335% | 1h | 793.27 | +0.192% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 793.02 | +0.160% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.65 | +0.240% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0009% | 8h | 791.90 | +0.019% | $35.3M | $55.4M | 75x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 793.84 | +0.264% | $858K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 793.25 | +0.189% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0010% | 8h | 792.53 | +0.098% | $4.1M | $5.0M | — | as long as short |
| GRVT BNB_USDT_Perp | +0.0011% | 8h | 793.23 | +0.187% | $3.0M | $28.4M | 10x | as long as short |
| Phemex BNBUSDT | +0.0018% | 8h | 793.54 | +0.226% | $69.3M | $50.3M | 50x | as long as short |
| Aster BNBUSDT | +0.0031% | 8h | 792.84 | +0.138% | $6.1M | $19.9M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
GRVT BNB_USDT_Perp
Phemex BNBUSDT
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.685% | $19K | $789K | 30x | as long as short |
| dYdX BNB-USD | +0.0039% | 1h | 793.18 | +0.180% | $160K | $63K | 10x | as long as short |
| BingX BNB-USDC | +0.0050% | 8h | 792.59 | +0.106% | — | $13.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 792.52 | +0.097% | $608K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0061% | 8h | 792.70 | +0.120% | $82.2M | $12.7M | 200x | as long as short |
| Binance BNBUSDTshort | +0.0061% | 8h | 792.45 | +0.088% | $492.6M | $816.2M | 75x | |
| Phoenix BNB | +0.0088% | 1h | 793.02 | +0.160% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.23 | +0.186% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 793.06 | +0.165% | $383K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 793.25 | +0.189% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 793.70 | +0.246% | $1.2M | $932K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 792.00 | +0.031% | $138.0M | $77.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.90 | +0.019% | $53.1M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.50 | +0.221% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.96 | +0.026% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 791.68 | −0.009% | $77.3M | $28.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 793.14 | +0.175% | $4.1M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 793.32 | +0.198% | $160K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 793.25 | +0.189% | $111K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 793.23 | +0.187% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 794.07 | +0.292% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 793.20 | +0.183% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 793.04 | +0.162% | $8.1M | $8.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 793.89 | +0.270% | $77K | $17K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 791.75 | long leg | $1.7M | $6.0M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 793.15 | +0.176% | $381K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0121% | 1h | 793.18 | +0.180% | $52.6M | $19.9M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 793.47 | +0.217% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0160% | 8h | 793.80 | +0.259% | $111K | $2.8M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0167% | 1h | 793.21 | +0.184% | $644K | $10K | 10x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 794.06 | +0.292% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 793.90 | +0.271% | $28K | $2K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 793.06 | +0.165% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0386% | 1h | 793.52 | +0.223% | $2.7M | $5.7M | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 793.58 | +0.231% | $1.6M | $161K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0480% | 1h | 792.90 | +0.145% | $68K | $38K | 12x | as long as short |
Injective BNB/USDC PERP
dYdX BNB-USD
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Hyperliquid BNB
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P