BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against OKX+0.033%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.005%+$1 · spread now +0.033%, 7d avg +0.041%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BNB-USDT-SWAP	784.40	0.0100	pay 0.0100% / 8h	15m 28s	$53.3M	$111.7M	50x
Short	BingX BNB-USDT	784.66	0.0038	get 0.0038% / 8h	15m 28s	—	$22.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$13.02
Price spread: +0.033% → +0.041%: −$0.76
Slippage, 4 orders: −$3.54
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$37.32
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 3 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 OKX live order book, 3 min ago	0.64 bp	5.6 bp −$6	7.2 bp −$72	22.0 bp −$2,196	doesn't fit
Sell BingX live order book, 3 min ago	0.13 bp	6.0 bp −$6	6.4 bp −$64	12.2 bp −$1,217	26.4 bp −$13.2K

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 −0.0168% / S +0.0337%	1h	784.64	+0.030%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	784.94	+0.069%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	784.54	+0.018%	$2.5M	$1.2M	50x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	785.20	+0.102%	$170K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	785.56	+0.148%	$847K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	784.75	+0.045%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0033%	8h	785.11	+0.091%	$6.0M	$18.7M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.638%	$19K	$789K	30x	as long as short
BingX BNB-USDTshort	+0.0038%	8h	784.66	+0.033%	—	$22.1M	—
MEXC BNB_USDT	+0.0048%	8h	785.70	+0.166%	$80.8M	$12.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0048%	8h	785.08	+0.087%	$488.0M	$814.6M	75x	as long as short
Phemex BNBUSDT	+0.0076%	8h	785.25	+0.108%	$68.5M	$51.1M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.77	+0.047%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	785.13	+0.093%	$159K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.45	+0.006%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.10	+0.089%	$51.5M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.87	+0.059%	$1.2M	$938K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.32	−0.010%	$138.0M	$74.0M	75x	as long as short
OKX BNB-USDT-SWAPlong	+0.0100%	8h	784.40	long leg	$53.3M	$111.7M	50x
Arcus BNB-USD	+0.0100%	1h	784.80	+0.051%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.55	+0.019%	$38.3M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.21	−0.024%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.16	−0.031%	$75.2M	$32.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.96	+0.071%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.43	+0.004%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	784.96	+0.072%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.42	+0.130%	$158K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	784.42	+0.003%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.55	+0.019%	$264K	$388K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.56	+0.020%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	785.33	+0.118%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.90	+0.064%	$386K	$965K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.05	+0.083%	$8.0M	$10.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	785.18	+0.099%	$78K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.26	−0.017%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.85	+0.057%	$377K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	784.48	+0.010%	$546K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0113%	1h	784.27	−0.017%	$159K	$62K	10x	as long as short
BloFin BNB-USDT	+0.0169%	8h	785.10	+0.089%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	785.25	+0.109%	$1.5M	$141K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0217%	8h	785.43	+0.131%	$2.9M	$28.3M	10x	as long as short
Bulk BNB-USD	+0.0231%	1h	784.93	+0.068%	$636K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	785.34	+0.120%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0320%	1h	784.22	−0.023%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	784.92	+0.066%	$1.1M	$904K	20x	as long as short
Hibachi BNB/USDT-P	+0.0456%	1h	784.96	+0.072%	$67K	$39K	12x	as long as short