BNB

Alert

Funding spread now, next payment 15:00 UTC−0.0209%/8h

next payment, per $10,000−$0.26paid, last 24h−0.031%paid, last 5 days+0.060%to open and close $10k−$36

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.060% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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	805.09	0.0381	pay 0.0048% / 1h	15m 09s	$51.3M	$20.8M	10x
Short	Phoenix BNB	803.78	0.0172	get 0.0022% / 1h	15m 09s	$171K	$30K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee PhoenixbpOrdersRate

Funding earned: −$43.8
Slippage, 4 orders: −$20.1
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$79.9
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; Phoenix: live order book, 31 min ago.

Price risk

price view

Price gap now: −0.163%
Avg gap 7d: +0.052%

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, 10 min ago	0.31 bp	6.4 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 31 min ago	0.99 bp	12.4 bp −$12	43.2 bp −$432	doesn't fit	doesn't fit

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	$163K	$2.6M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	$868K	$3.4M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	$9.8M	—	150x	as long as short
GMX BNB/USD [WBTC.b-USDC]	L +0.0037% / S +0.0170%	1h	$54K	—	200x	as long as short
Variational Omni BNB	+0.0038%	8h	$4.0M	$6.6M	—	as long as short
BingX BNB-USDT	+0.0054%	8h	—	$33.3M	—	as long as short
Bybit BNBUSDT	+0.0068%	8h	$140.0M	$91.4M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	$601K	$916K	50x	as long as short
Lighter BNB	+0.0096%	1h	$2.6M	$3.3M	20x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado BNB-PERP	+0.0100%	1h	$1.5M	$2.9M	20x	as long as short
Pacifica BNB	+0.0100%	1h	$1.2M	$906K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	$55.2M	$112.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	$52K	$243K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	$36.9M	$57.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	$77.2M	$23.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	$4.2M	$74.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	$162K	$430K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	$113K	$867K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	$300K	$641K	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	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	$8.2M	$5.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	$78K	$553K	50x	as long as short
Phemex BNBUSDT	+0.0102%	8h	$70.8M	$52.6M	50x	as long as short
Extended BNB-USD	+0.0104%	1h	$1.8M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	$386K	$37K	10x	as long as short
MEXC BNB_USDT	+0.0120%	8h	$84.1M	$16.3M	200x	as long as short
Binance BNBUSDT	+0.0121%	8h	$524.3M	$787.4M	75x	as long as short
Aster BNBUSDT	+0.0126%	8h	$6.1M	$19.7M	200x	as long as short
Phoenix BNBshort	+0.0172%	1h	$171K	$30K	10x
SoDEX BNB-USD	+0.0199%	1h	$396K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	$1.6M	$164K	25x	as long as short
RISEx BNB/USDC	+0.0202%	1h	$1.2M	$1.5M	20x	as long as short
Backpack BNB_USDC_PERP	+0.0231%	1h	$2.7M	$3.2M	40x	as long as short
BloFin BNB-USDT	+0.0241%	8h	$19.5M	$3.0M	75x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	$19K	$620K	30x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	$9K	—	40x	as long as short
Bulk BNB-USD	+0.0344%	1h	$653K	$132K	10x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	$28K	$1K	10x	as long as short
Hyperliquid BNBlong	+0.0381%	1h	$51.3M	$20.8M	10x
Hibachi BNB/USDT-P	+0.0400%	1h	$71K	$46K	12x	as long as short
Kraken Futures PF_BNBUSD	+0.0587%	1h	$2.5M	$868K	50x	as long as short
dYdX BNB-USD	+0.0634%	1h	$174K	$54K	10x	as long as short