Funding you earn now, next payment 06:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.001%
Price spread now: MEXC against Extended+0.131%7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$130.125% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now +0.131%, 7d avg +0.244%
=Together, before fees+0.037%+ Points / potential airdropExtended: Active · farm board+$4 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 MEXC is 0.114% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.244%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 788.07 | 0.0104 | pay 0.0013% / 1h | 8m 38s | $1.8M | $6.2M | 50x |
| Short | MEXC BNB_USDT | 789.10 | 0.0066 | get 0.0066% / 8h | 2h 08m | $81.0M | $12.1M | 200x |
Extended BNB-USD
MEXC BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$7.98
- Price spread: +0.131% → +0.244%
- −$11.36
- Slippage, 4 orders
- −$3.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$31.84
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage from Extended: 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 Extended live order book, 5 min ago | 0.32 bp | 2.9 bp −$3 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.63 bp | 2.6 bp −$3 | 3.4 bp −$34 | 15.9 bp −$1,586 | 29.5 bp −$14.8K |
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 −0.0192% / S +0.0356% | 1h | 787.46 | −0.078% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.09 | +0.002% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.59 | +0.066% | $850K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.40 | −0.085% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.160% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0043% | 8h | 788.85 | +0.099% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0050% | 8h | 788.50 | +0.054% | — | $22.2M | — | as long as short |
| Phemex BNBUSDT | +0.0066% | 8h | 787.90 | −0.022% | $68.9M | $50.8M | 50x | as long as short |
| MEXC BNB_USDTshort | +0.0066% | 8h | 789.10 | +0.131% | $81.0M | $12.1M | 200x | |
| Binance BNBUSDT | +0.0067% | 8h | 788.83 | +0.096% | $491.4M | $815.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 787.15 | −0.116% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 785.85 | −0.282% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.41 | +0.042% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.38 | −0.088% | $265K | $490K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.45 | −0.079% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.33 | +0.033% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.35 | +0.035% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.30 | +0.029% | $138.7M | $75.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.30 | +0.029% | $53.6M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.50 | +0.054% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.35 | +0.035% | $36.9M | $59.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.09 | +0.002% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.07 | 0.000% | $76.3M | $31.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.55 | −0.066% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.91 | −0.020% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.22 | +0.019% | $4.1M | $75.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.81 | −0.033% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.38 | −0.088% | $132K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.56 | −0.065% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.29 | +0.027% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.41 | −0.084% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 788.65 | +0.073% | $77K | $17K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 788.07 | long leg | $1.8M | $6.2M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 787.42 | −0.082% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 787.87 | −0.026% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0128% | 1h | 787.50 | −0.073% | $387K | $990K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0139% | 8h | 788.00 | −0.009% | $163K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0143% | 1h | 787.74 | −0.042% | $160K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 788.17 | +0.013% | $17.6M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0221% | 8h | 788.50 | +0.054% | $2.9M | $29.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.77 | −0.039% | $1.5M | $143K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 788.87 | +0.101% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 787.30 | −0.097% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0378% | 1h | 788.15 | +0.010% | $639K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 788.63 | +0.070% | $1.1M | $902K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0544% | 1h | 788.03 | −0.005% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Hibachi BNB/USDT-P