BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.007%

Price spread now: Aster against HTX+0.067%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 4 days (all we have)+0.135%+$13 · spread now +0.067%, 7d avg +0.091%

Together, before fees+0.059%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.024% cheaper against HTX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.091%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BNB-USDT	786.52	0.0100	pay 0.0100% / 8h	5h 30m	$8.0M	$9.9M	75x
Short	Aster BNBUSDT	787.04	0	get 0.0000% / 8h	5h 30m	$6.0M	$16.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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 HTXbpFee AsterbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$21
Price spread: +0.067% → +0.091%: −$2.44
Slippage, 4 orders: −$7.1
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$50.53
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; Aster: 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 HTX live order book, 2 min ago	1.41 bp	8.6 bp −$9	10.7 bp −$107	36.5 bp −$3,648	doesn't fit
Sell Aster live order book, 2 min ago	0.38 bp	4.5 bp −$5	5.4 bp −$54	18.2 bp −$1,819	doesn't fit

BNB on 45 exchanges

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 −0.0166% / S +0.0336%	1h	786.48	−0.004%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0086%	1h	786.38	−0.018%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.49	+0.124%	$4K	—	25x	as long as short
Aster BNBUSDTshort	0.0000%	8h	787.04	+0.067%	$6.0M	$16.9M	200x
GRVT BNB_USDT_Perp	0.0000%	8h	786.58	+0.008%	$2.9M	$26.2M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	786.80	+0.036%	$155K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	786.86	+0.043%	$849K	$3.0M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	786.81	+0.038%	$1.5M	$148K	25x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.78	−0.094%	$9.5M	—	150x	as long as short
Bybit BNBUSDT	+0.0009%	8h	786.16	−0.046%	$138.5M	$65.7M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0010%	8h	786.58	+0.008%	—	$50.3M	—	as long as short
MEXC BNB_USDT	+0.0012%	8h	788.00	+0.188%	$83.3M	$11.8M	200x	as long as short
Binance BNBUSDT	+0.0012%	8h	787.14	+0.079%	$480.7M	$760.0M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.361%	$19K	$789K	30x	as long as short
BloFin BNB-USDT	+0.0051%	8h	786.47	−0.006%	$18.5M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0087%	8h	787.07	+0.070%	$68.3M	$50.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.60	+0.010%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.11	−0.052%	$1.4M	$2.3M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.11	+0.075%	$51.9M	$16.9M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.51	−0.001%	$1.2M	$929K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.30	−0.028%	$53.4M	$101.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.50	−0.002%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.55	+0.004%	$41.6M	$54.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.25	−0.034%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.28	−0.030%	$75.7M	$31.0M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.41	−0.014%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.47	−0.134%	$4.3M	$4.4M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.25	−0.035%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.07	+0.070%	$158K	$459K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.27	−0.032%	$128K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.57	+0.007%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.16	+0.081%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.60	+0.010%	$387K	$926K	10x	as long as short
HTX BNB-USDTlong	+0.0100%	8h	786.52	long leg	$8.0M	$9.9M	75x
Paradex BNB-USD-PERP	+0.0100%	8h	786.69	+0.022%	$78K	$899K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.04	−0.060%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.40	−0.014%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	786.27	−0.032%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.08	+0.071%	$548K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	786.83	+0.040%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.61	+0.139%	$638K	$811	10x	as long as short
Reya BNBRUSDPERP	+0.0316%	1h	786.09	−0.055%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0336%	1h	786.10	−0.053%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	786.18	−0.043%	$1.1M	$903K	20x	as long as short
dYdX BNB-USD	+0.1165%	1h	786.11	−0.052%	$158K	$34K	10x	as long as short