BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%

Price spread now: Coinbase International against RISEx+0.261%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs+$5as in the Price arb table

costs, in and out, $10k−$250.245% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.179%−$18 on $10k

Price spread, last 3 days (all we have)−0.386%−$39 · spread now +0.261%, 7d avg −0.037%

Together, before fees−0.566%−$57 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.297% dearer against RISEx than usual: you sell high and buy low (spread +0.261% now, against its 7-day average of −0.037%): +$30 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 3 days (−0.179% in total) that is about 5.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	793.46	0.0131	pay 0.0016% / 1h	17m 16s	$1.1M	$1.1M	20x
Short	Coinbase International BNB-PERP-INTX	795.53	0.0056	get 0.0007% / 1h	17m 16s	$610K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now +0.261%Rate

Funding earned: −$15.82
Price spread: +0.261% → −0.037%: $29.74
Slippage, 4 orders: −$8.55
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$10.62
Costs to cover: 0.245%
Break-even: from the start

Slippage from RISEx: live order book, 1 min ago; Coinbase International: live order book, 1 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 RISEx live order book, 1 min ago	0.94 bp	3.9 bp −$4	8.4 bp −$84	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.21 bp	8.2 bp −$8	12.4 bp −$124	doesn't fit	doesn't fit

BNB on 45 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	793.12	−0.043%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	793.36	−0.012%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.57	+0.014%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	793.90	+0.055%	$858K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	793.19	−0.034%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.466%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	793.65	+0.024%	$6.1M	$19.7M	200x	as long as short
Variational Omni BNB	+0.0038%	8h	794.10	+0.081%	$4.1M	$4.9M	—	as long as short
Phemex BNBUSDT	+0.0049%	8h	793.89	+0.054%	$69.4M	$50.7M	50x	as long as short
BingX BNB-USDT	+0.0050%	8h	793.35	−0.014%	—	$34.9M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTXshort	+0.0056%	1h	795.53	+0.261%	$610K	$1.1M	50x
MEXC BNB_USDT	+0.0061%	8h	793.80	+0.043%	$82.4M	$12.8M	200x	as long as short
Gate BNB_USDT	+0.0062%	8h	793.10	−0.045%	$35.4M	$56.6M	75x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.85	+0.049%	$493.8M	$809.9M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0069%	8h	793.89	+0.054%	$3.0M	$28.4M	10x	as long as short
dYdX BNB-USD	+0.0080%	1h	792.96	−0.063%	$160K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	794.20	+0.093%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	793.52	+0.007%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.09	−0.047%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.06	−0.051%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	793.72	+0.033%	$52.0M	$19.3M	10x	as long as short
Pacifica BNB	+0.0100%	1h	793.52	+0.008%	$1.2M	$915K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	793.20	−0.033%	$138.6M	$75.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.00	−0.058%	$53.2M	$110.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.40	−0.008%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	793.01	−0.057%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	793.02	−0.055%	$77.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.72	+0.032%	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.68	+0.028%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	793.24	−0.028%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.37	−0.011%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.80	+0.043%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	793.40	−0.008%	$390K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.97	−0.062%	$8.1M	$8.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.95	+0.062%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.96	−0.062%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	793.42	−0.004%	$381K	$110K	10x	as long as short
RISEx BNB/USDClong	+0.0131%	1h	793.46	long leg	$1.1M	$1.1M	20x
Kalshi KXBNBPERP	+0.0155%	8h	793.50	+0.005%	$113K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0195%	1h	795.93	+0.311%	$644K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	793.67	+0.026%	$28K	$3K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	793.73	+0.034%	$1.6M	$160K	25x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	792.79	−0.085%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0389%	1h	794.11	+0.082%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	793.58	+0.015%	$68K	$38K	12x	as long as short