data as of
Settings8H · net · $10k
Funding arb /

BNB

all BNB markets
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Funding spread now, next payment 16:00 UTC+0.0298%/8h
paid, last 24h+0.046%paid, last 7 days+0.107%to open and close $10k−$29
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BNBUSDT804.540.0105pay 0.0105% / 8h8m 53s$70.7M$52.6M50x
ShortHyperliquid BNB805.510.0403get 0.0050% / 1h8m 53s$52.0M$21.2M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$62.55
Slippage, 4 orders
−$7.73
Fee Phemex: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$33.82
Break-even
3.2 days
Slippage from Phemex: live order book, 2 min ago; Hyperliquid: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.121%
Avg gap 7d
−0.032%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago1.55 bp7.6 bp −$89.6 bp −$9615.6 bp −$1,562doesn't fit
Sell Hyperliquid live order book, 6 min ago0.93 bp5.9 bp −$6doesn't fitdoesn't fitdoesn't fit

BNB on 45 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff BNB-PERP−0.0080%1h$4K$1K25xas long as short
Kalshi KXBNBPERP0.0000%8h$154K$2.6M4.8xas long as short
StandX BNB-USD0.0000%1h$869K$3.5M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h$9.8M150xas long as short
GMX BNB/USD [WBTC.b-USDC]L +0.0037% / S +0.0169%1h$54K200xas long as short
Variational Omni BNB+0.0041%8h$4.0M$6.6Mas long as short
BingX BNB-USDT+0.0056%8h$33.1Mas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h$603K$927K50xas long as short
Bybit BNBUSDT+0.0072%8h$140.2M$92.0M75xas long as short
Lighter BNB+0.0096%1h$2.6M$3.4M20xas long as short
Show all 45 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado BNB-PERP+0.0100%1h$1.5M$2.9M20xas long as short
Pacifica BNB+0.0100%1h$1.2M$907K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h$55.3M$113.9M50xas long as short
Arcus BNB-USD+0.0100%1h$52K$243K10xas long as short
Gate BNB_USDT+0.0100%8h$37.0M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h$78.4M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h$4.2M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h$159K$432K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h$114K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h$300K$641K50xas long as short
Derive BNB-PERP+0.0100%1h$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h$8.2M$5.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h$78K$553K50xas long as short
Extended BNB-USD+0.0104%1h$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h$386K$37K10xas long as short
Phemex BNBUSDTlong+0.0105%8h$70.7M$52.6M50x
Binance BNBUSDT+0.0123%8h$524.8M$792.1M75xas long as short
MEXC BNB_USDT+0.0123%8h$84.4M$16.4M200xas long as short
Aster BNBUSDT+0.0131%8h$6.2M$19.9M200xas long as short
Phoenix BNB+0.0172%1h$172K$30K10xas long as short
SoDEX BNB-USD+0.0183%1h$396K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h$1.6M$164K25xas long as short
RISEx BNB/USDC+0.0202%1h$1.2M$1.5M20xas long as short
BloFin BNB-USDT+0.0243%8h$19.6M$3.0M75xas long as short
Backpack BNB_USDC_PERP+0.0272%1h$2.9M$3.3M40xas long as short
Injective BNB/USDC PERP+0.0306%1h$19K$620K30xas long as short
Reya BNBRUSDPERP+0.0327%1h$9K40xas long as short
Bulk BNB-USD+0.0344%1h$653K$132K10xas long as short
01 Exchange BNBUSD+0.0352%1h$28K$1K10xas long as short
Hibachi BNB/USDT-P+0.0392%1h$71K$46K12xas long as short
Hyperliquid BNBshort+0.0403%1h$52.0M$21.2M10x
Kraken Futures PF_BNBUSD+0.0587%1h$2.5M$868K50xas long as short
dYdX BNB-USD+0.0623%1h$174K$54K10xas long as short