BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h −0.003%

Price spread now: Aster against MEXC−0.135%7-day average −0.103% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.005%+$1 · spread now −0.135%, 7d avg −0.103%

Together, before fees−0.014%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.032% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.103%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	789.00	0.0016	pay 0.0016% / 8h	5h 54m	$83.4M	$11.7M	200x
Short	Aster BNBUSDT	787.93	0	get 0.0000% / 8h	5h 54m	$5.9M	$17.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$3.36
Price spread: −0.135% → −0.103%: −$3.23
Slippage, 4 orders: −$4.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.66
Costs to cover: 0.161%
Break-even: never at this rate

Slippage from MEXC: 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 MEXC live order book, 2 min ago	0.63 bp	2.6 bp −$3	4.9 bp −$49	16.6 bp −$1,656	33.9 bp −$16.9K
Sell Aster live order book, 2 min ago	0.95 bp	5.0 bp −$5	5.9 bp −$59	20.3 bp −$2,026	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	787.23	−0.224%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0085%	1h	787.20	−0.228%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.09	−0.115%	$4K	—	25x	as long as short
Aster BNBUSDTshort	0.0000%	8h	787.93	−0.135%	$5.9M	$17.1M	200x
GRVT BNB_USDT_Perp	0.0000%	8h	787.88	−0.142%	$2.9M	$26.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.70	−0.165%	$139K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.25	−0.095%	$850K	$2.9M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	787.62	−0.175%	$1.5M	$157K	25x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.45	−0.196%	$9.5M	—	150x	as long as short
Binance BNBUSDT	+0.0016%	8h	787.73	−0.161%	$481.4M	$766.5M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDTlong	+0.0016%	8h	789.00	long leg	$83.4M	$11.7M	200x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.039%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0048%	8h	787.10	−0.241%	$138.5M	$67.2M	75x	as long as short
BloFin BNB-USDT	+0.0065%	8h	788.01	−0.125%	$18.4M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0089%	8h	787.98	−0.129%	$68.5M	$51.1M	50x	as long as short
Phoenix BNB	+0.0094%	1h	787.95	−0.133%	$158K	$45K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.47	−0.194%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.09	−0.242%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.92	−0.137%	$51.8M	$16.9M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.62	−0.175%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.00	−0.253%	$53.3M	$102.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.50	−0.190%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.25	−0.222%	$41.1M	$53.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.11	−0.240%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.92	−0.264%	$75.6M	$30.7M	75x	as long as short
BingX BNB-USDT	+0.0100%	8h	787.48	−0.193%	—	$50.2M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.75	−0.158%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.85	−0.273%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.81	−0.151%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.98	−0.129%	$159K	$444K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.35	−0.209%	$130K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.34	−0.210%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.90	−0.139%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.50	−0.190%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.60	−0.178%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.90	−0.139%	$78K	$356K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.84	−0.273%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.21	−0.227%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	788.03	−0.123%	$545K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.87	−0.143%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0282%	1h	788.09	−0.115%	$639K	$0	10x	as long as short
Reya BNBRUSDPERP	+0.0317%	1h	786.86	−0.271%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	787.54	−0.185%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	787.81	−0.150%	$1.1M	$901K	20x	as long as short
dYdX BNB-USD	+0.1022%	1h	787.47	−0.193%	$158K	$34K	10x	as long as short