Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.2% APRnext payment +$1.21 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC−0.057%64s7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as 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−$200.197% of the position
Long on MEXCShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.227%+$23 on $10k
Price spread, last 4 days (all we have)−0.394%−$39 · spread now −0.057%, 7d avg −0.086%
Together, before fees−0.167%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.029% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.086%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT791.400.0070pay 0.0070% / 8h5h 04m$80.4M$12.5M200x
ShortBloFin BNB-USDT790.950.0191get 0.0191% / 8h5h 04m$18.2M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.37
Price spread: −0.057% → −0.086%
$2.94
Slippage, 4 orders
−$3.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.65
Costs to cover
0.197%
Break-even
4.6 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.63 bp3.9 bp −$46.7 bp −$6726.3 bp −$2,62544.3 bp −$22.2K
Sell BloFin live order book, 5 min ago0.06 bp6.1 bp −$67.6 bp −$7616.5 bp −$1,649doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0181% / S +0.0346%1h790.20−0.151%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.66−0.094%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.62−0.099%$854K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.16−0.157%$9.6M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.730%$19K$789K30xas long as short
Aster BNBUSDT+0.0046%8h790.60−0.101%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h790.10−0.164%$590K$1.9M50xas long as short
Phemex BNBUSDT+0.0058%8h790.73−0.085%$69.3M$50.3M50xas long as short
BingX BNB-USDC+0.0058%8h790.61−0.100%—$13.4M—as long as short
MEXC BNB_USDTlong+0.0070%8h791.40long leg$80.4M$12.5M200x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0071%8h790.89−0.064%$493.9M$791.7M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h790.26−0.144%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.47−0.117%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.25−0.145%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.95−0.183%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.00−0.051%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h790.46−0.119%$1.2M$914K20xas long as short
Bybit BNBUSDT+0.0100%8h790.13−0.160%$139.1M$76.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.10−0.164%$53.4M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h790.40−0.126%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.20−0.152%$35.4M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h790.13−0.160%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.99−0.178%$76.6M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.74−0.083%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.30−0.266%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h791.12−0.035%$4.1M$74.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.37−0.004%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.10−0.164%$133K$949K10xas long as short
Derive BNB-PERP+0.0100%1h790.40−0.127%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.72−0.086%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.40−0.126%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.17−0.155%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.89−0.065%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.75−0.208%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.10−0.165%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h790.39−0.128%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0141%8h791.87+0.060%$2.9M$27.9M10xas long as short
Kalshi KXBNBPERP+0.0184%8h790.60−0.101%$104K$2.7M4.8xas long as short
dYdX BNB-USD+0.0189%1h790.34−0.134%$160K$64K10xas long as short
BloFin BNB-USDTshort+0.0191%8h790.95−0.057%$18.2M$2.2M75x
01 Exchange BNBUSD+0.0280%1h790.79−0.077%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.67−0.092%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h789.75−0.208%$6K$3K40xas long as short
Bulk BNB-USD+0.0338%1h790.78−0.078%$640K$9K10xas long as short
RISEx BNB/USDC+0.0361%1h790.55−0.108%$1.1M$979K20xas long as short
Hibachi BNB/USDT-P+0.0576%1h790.19−0.153%$67K$38K12xas long as short