BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.010%

Price spread now: MEXC against OKX+0.137%7-day average +0.216% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.117%+$12 · spread now +0.137%, 7d avg +0.216%

Together, before fees+0.101%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.079% cheaper against OKX than usual: you would sell low and buy high (spread +0.137% now, against its 7-day average of +0.216%). If the spread goes back, that is −$8 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BNB-USDT-SWAP	801.40	0.0100	pay 0.0100% / 8h	41m 55s	$54.6M	$113.4M	50x
Short	MEXC BNB_USDT	802.50	0.0124	get 0.0124% / 8h	41m 55s	$83.4M	$13.5M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.137%Rate

Funding earned: $5.04
Price spread: +0.137% → +0.216%: −$7.91
Slippage, 4 orders: −$5.3
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$22.17
Costs to cover: 0.193%
Break-even: 37.8 days

Slippage from OKX: live order book, 2 min ago; MEXC: 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 OKX live order book, 2 min ago	0.62 bp	5.9 bp −$6	7.7 bp −$77	20.0 bp −$1,999	doesn't fit
Sell MEXC live order book, 2 min ago	1.87 bp	3.9 bp −$4	6.7 bp −$67	13.4 bp −$1,340	29.0 bp −$14.5K

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 −0.0201% / S +0.0372%	1h	801.70	+0.038%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.12	+0.090%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	801.53	+0.016%	$2.6M	$970K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.47	+0.258%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.34	+0.242%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.76	+0.045%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0027%	8h	802.45	+0.131%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	802.31	+0.114%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0059%	8h	801.30	−0.012%	$139.1M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.085%	$607K	$995K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	801.91	+0.063%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.36	−0.005%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.05	+0.082%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAPlong	+0.0100%	8h	801.40	long leg	$54.6M	$113.4M	50x
Arcus BNB-USD	+0.0100%	1h	802.20	+0.100%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.50	+0.012%	$35.9M	$57.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.49	+0.011%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.48	+0.010%	$79.5M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.59	+0.274%	$4.2M	$77.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.34	+0.242%	$162K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.61	+0.026%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.67	+0.034%	$387K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.94	+0.068%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.36	+0.120%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	801.80	+0.050%	$394K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.26	+0.108%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.40	+0.125%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0102%	8h	802.27	+0.109%	$6.4M	$19.0M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.11	−0.036%	$1.8M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.85	+0.057%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0113%	8h	802.37	+0.121%	$70.1M	$50.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	802.40	+0.125%	$110K	$2.9M	4.8x	as long as short
Binance BNBUSDT	+0.0123%	8h	802.22	+0.103%	$501.7M	$817.1M	75x	as long as short
MEXC BNB_USDTshort	+0.0124%	8h	802.50	+0.137%	$83.4M	$13.5M	200x
Phoenix BNB	+0.0127%	1h	803.09	+0.211%	$173K	$36K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	802.13	+0.091%	$1.6M	$165K	25x	as long as short
Hyperliquid BNB	+0.0220%	1h	802.36	+0.120%	$52.0M	$21.4M	10x	as long as short
Hibachi BNB/USDT-P	+0.0224%	1h	803.19	+0.223%	$71K	$43K	12x	as long as short
BloFin BNB-USDT	+0.0245%	8h	802.88	+0.185%	$18.2M	$2.5M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	801.90	+0.062%	$1.1M	$1.4M	20x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.460%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0309%	1h	803.58	+0.272%	$653K	$20K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.24	−0.020%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	802.40	+0.125%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0364%	1h	802.48	+0.135%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USD	+0.0441%	1h	802.20	+0.099%	$162K	$62K	10x	as long as short