BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.002%

Price spread now: OKX against MEXC−0.114%7-day average −0.215% · 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−$9as in the Price arb table

costs, in and out, $10k−$190.191% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.148%−$15 · spread now −0.114%, 7d avg −0.215%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.101% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.215%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	792.40	0.0060	pay 0.0060% / 8h	6h 39m	$82.1M	$12.7M	200x
Short	OKX BNB-USDT-SWAP	791.50	0.0100	get 0.0100% / 8h	6h 39m	$53.1M	$111.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.114%Rate

Funding earned: $8.4
Price spread: −0.114% → −0.215%: $10.13
Slippage, 4 orders: −$5.1
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$0.57
Costs to cover: 0.191%
Break-even: 7.5 days

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	1.26 bp	3.9 bp −$4	6.0 bp −$60	25.3 bp −$2,535	43.8 bp −$21.9K
Sell OKX live order book, 5 min ago	0.63 bp	5.7 bp −$6	8.7 bp −$87	19.3 bp −$1,929	doesn't fit

BNB on 46 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 −0.0167% / S +0.0335%	1h	791.46	−0.119%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	791.80	−0.076%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.94	−0.184%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0008%	8h	791.55	−0.107%	$35.3M	$55.6M	75x	as long as short
StandX BNB-USD	0.0000%	1h	790.95	−0.183%	$855K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.61	−0.100%	$9.6M	—	150x	as long as short
Variational Omni BNB	+0.0016%	8h	791.83	−0.072%	$4.1M	$5.0M	—	as long as short
GRVT BNB_USDT_Perp	+0.0023%	8h	792.65	+0.031%	$3.0M	$28.6M	10x	as long as short
Aster BNBUSDT	+0.0028%	8h	792.03	−0.047%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.601%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0039%	1h	791.10	−0.165%	$160K	$63K	10x	as long as short
BingX BNB-USDC	+0.0049%	8h	790.94	−0.184%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.155%	$607K	$1.1M	50x	as long as short
MEXC BNB_USDTlong	+0.0060%	8h	792.40	long leg	$82.1M	$12.7M	200x
Binance BNBUSDT	+0.0061%	8h	792.33	−0.008%	$492.9M	$817.2M	75x	as long as short
Phemex BNBUSDT	+0.0075%	8h	792.18	−0.028%	$69.3M	$50.5M	50x	as long as short
Phoenix BNB	+0.0088%	1h	793.58	+0.149%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	791.75	−0.082%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.47	−0.117%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.10	−0.164%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	791.56	−0.106%	$1.2M	$926K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.57	−0.105%	$138.1M	$77.4M	75x	as long as short
OKX BNB-USDT-SWAPshort	+0.0100%	8h	791.50	−0.114%	$53.1M	$111.2M	50x
Arcus BNB-USD	+0.0100%	1h	791.40	−0.126%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.47	−0.117%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	791.40	−0.126%	$77.1M	$28.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.83	+0.181%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.01	+0.203%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.52	−0.111%	$111K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.69	−0.089%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.21	−0.024%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.70	−0.088%	$389K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.89	−0.191%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	791.59	−0.103%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	791.21	−0.150%	$1.7M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	791.60	−0.101%	$380K	$110K	10x	as long as short
Hyperliquid BNB	+0.0111%	1h	792.07	−0.042%	$52.0M	$19.7M	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	791.25	−0.145%	$1.1M	$1.3M	20x	as long as short
Kalshi KXBNBPERP	+0.0163%	8h	791.70	−0.088%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.102%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.209%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	791.51	−0.112%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	791.26	−0.144%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0394%	1h	792.52	+0.015%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	792.10	−0.038%	$1.5M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0504%	1h	790.50	−0.240%	$68K	$38K	12x	as long as short