BNB

Alert

Funding spread now, next payment 15:00 UTC−0.0263%/8h

next payment, per $10,000−$0.33paid, last 24h−0.039%paid, last 7 days−0.056%to open and close $10k−$12

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BNB	797.84	0.0359	pay 0.0045% / 1h	0m 39s	$50.6M	$19.9M	10x
Short	Lighter BNB	797.36	0.0096	get 0.0012% / 1h	0m 39s	$2.7M	$3.1M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee LighterbpOrdersRate

Funding earned: −$55.33
Slippage, 4 orders: −$2.71
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$67.04
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 4 min ago; Lighter: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.060%
Avg gap 7d: −0.017%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 4 min ago	0.25 bp	5.3 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	0.00 bp	0.0 bp $0	4.7 bp −$47	14.5 bp −$1,453	70.6 bp −$35.3K

BNB on 45 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff BNB-PERP	−0.0080%	1h	$4K	$1K	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	$161K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	$863K	$3.3M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0018%	8h	$4.4M	$6.1M	—	as long as short
BingX BNB-USDT	+0.0024%	8h	—	$32.9M	—	as long as short
GMX BNB/USD [WBTC.b-USDC]	L +0.0030% / S +0.0174%	1h	$54K	—	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	$19K	$620K	30x	as long as short
Bybit BNBUSDT	+0.0036%	8h	$139.0M	$84.3M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0071%	1h	$2.5M	$791K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0072%	1h	$600K	$860K	50x	as long as short
Lighter BNBshort	+0.0096%	1h	$2.7M	$3.1M	20x
Phemex BNBUSDT	+0.0096%	8h	$70.3M	$52.7M	50x	as long as short
MEXC BNB_USDT	+0.0098%	8h	$84.7M	$15.4M	200x	as long as short
Binance BNBUSDT	+0.0099%	8h	$517.3M	$736.6M	75x	as long as short
Nado BNB-PERP	+0.0100%	1h	$1.5M	$2.9M	20x	as long as short
Pacifica BNB	+0.0100%	1h	$1.2M	$803K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	$53.3M	$103.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	$52K	$242K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	$36.2M	$56.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	$28.2M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	$76.8M	$22.2M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	$4.2M	$68.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	$172K	$421K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	$104K	$845K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	$298K	$644K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	$13K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	$8.1M	$4.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	$78K	$673K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	$2.0M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	$383K	$37K	10x	as long as short
Aster BNBUSDT	+0.0106%	8h	$6.1M	$18.7M	200x	as long as short
Phoenix BNB	+0.0125%	1h	$170K	$52K	10x	as long as short
RISEx BNB/USDC	+0.0132%	1h	$1.2M	$1.5M	20x	as long as short
SoDEX BNB-USD	+0.0175%	1h	$392K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	$1.5M	$151K	25x	as long as short
BloFin BNB-USDT	+0.0219%	8h	$19.1M	$2.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0281%	1h	$2.6M	$2.3M	40x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	$9K	—	40x	as long as short
Hyperliquid BNBlong	+0.0359%	1h	$50.6M	$19.9M	10x
01 Exchange BNBUSD	+0.0368%	1h	$28K	$1K	10x	as long as short
Bulk BNB-USD	+0.0451%	1h	$637K	$84K	10x	as long as short
Hibachi BNB/USDT-P	+0.0480%	1h	$71K	$40K	12x	as long as short
dYdX BNB-USD	+0.0647%	1h	$173K	$54K	10x	as long as short