BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: ApeX Omni against Lighter+0.045%78s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.238% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.045%, 7d avg +0.045%

Together, before fees+0.106%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter BNB	787.83	0.0096	pay 0.0012% / 1h	18m 18s	$2.7M	$3.9M	20x
Short	ApeX Omni BNBUSDT	788.19	0.0100	get 0.0013% / 1h	18m 18s	$159K	$438K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now +0.045%Rate

Funding earned: $0.84
Price spread: +0.045% → +0.045%: $0.05
Slippage, 4 orders: −$13.84
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$22.95
Costs to cover: 0.238%
Break-even: 198.2 days

Slippage from Lighter: live order book, 9 min ago; ApeX Omni: live order book, 24 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 Lighter live order book, 9 min ago	0.75 bp	1.4 bp −$1	3.8 bp −$38	15.4 bp −$1,543	65.8 bp −$32.9K
Sell ApeX Omni live order book, 24 min ago	5.15 bp	10.3 bp −$10	32.1 bp −$321	doesn't fit	doesn't fit

BNB on 45 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 −0.0170% / S +0.0337%	1h	787.70	−0.017%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.88	+0.006%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.38	+0.069%	$850K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.72	−0.015%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.190%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0051%	8h	788.40	+0.072%	$6.1M	$18.8M	200x	as long as short
BingX BNB-USDC	+0.0051%	8h	787.69	−0.018%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0062%	8h	788.90	+0.135%	$81.1M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	788.32	+0.062%	$491.0M	$819.9M	75x	as long as short
dYdX BNB-USD	+0.0065%	1h	787.95	+0.015%	$160K	$62K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0074%	8h	788.18	+0.044%	$68.9M	$51.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.30	−0.068%	$568K	$1.9M	50x	as long as short
Lighter BNBlong	+0.0096%	1h	787.83	long leg	$2.7M	$3.9M	20x
Nado BNB-PERP	+0.0100%	1h	787.35	−0.061%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.12	+0.036%	$51.6M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.63	−0.026%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.62	−0.027%	$138.6M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.70	−0.017%	$53.6M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.70	−0.017%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.60	−0.030%	$37.7M	$59.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.18	−0.083%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.52	−0.040%	$76.2M	$31.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.86	+0.003%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.41	−0.053%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.00	+0.021%	$4.1M	$76.3M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	788.19	+0.045%	$159K	$438K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	787.35	−0.061%	$132K	$951K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.72	−0.014%	$265K	$470K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.99	+0.019%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.80	−0.004%	$387K	$980K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.80	−0.005%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.10	+0.033%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.36	−0.060%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.71	−0.015%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0125%	8h	787.90	+0.009%	$170K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.70	−0.017%	$169K	$35K	10x	as long as short
BloFin BNB-USDT	+0.0183%	8h	788.12	+0.036%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.10	+0.034%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	787.81	−0.003%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0230%	8h	788.19	+0.046%	$2.9M	$29.6M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	788.03	+0.025%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0262%	1h	788.32	+0.062%	$639K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	787.21	−0.079%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	787.72	−0.014%	$1.1M	$914K	20x	as long as short
Hibachi BNB/USDT-P	+0.0504%	1h	787.77	−0.008%	$67K	$39K	12x	as long as short