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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.016%
Price spread now: OKX against RISEx−0.004%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Long on RISExShort on OKX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.102%−$10 on $10k
Price spread, last 7 days−0.059%−$6 · spread now −0.004%, 7d avg −0.025%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.021% dearer against RISEx than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.025%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC797.830.0155pay 0.0019% / 1h47m 59s$1.1M$1.4M20x
ShortOKX BNB-USDT-SWAP797.800.0100get 0.0100% / 8h7h 47m$54.1M$111.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$11.52
Price spread: −0.004% → −0.025%
$2.07
Slippage, 4 orders
−$4.62
Fee RISEx: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$30.07
Costs to cover
0.206%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 1 min ago1.63 bp4.6 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.63 bp5.6 bp −$67.5 bp −$7518.1 bp −$1,807doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h797.69−0.018%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.48−0.044%$2.5M$979K50xas long as short
Bybit BNBUSDT−0.0081%8h797.40−0.054%$138.4M$77.0M75xas long as short
Hotstuff BNB-PERP−0.0080%1h798.13+0.037%$4K$23925xas long as short
BingX BNB-USDC−0.0030%8h797.89+0.007%—$13.3M—as long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.136%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.40+0.071%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.86+0.003%$9.7M—150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.088%$4.1M$5.4M—as long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.910%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h798.28+0.056%$69.7M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00+0.021%$601K$987K50xas long as short
Gate BNB_USDT+0.0054%8h797.50−0.042%$35.7M$55.8M75xas long as short
Aster BNBUSDT+0.0069%8h798.18+0.044%$6.2M$19.3M200xas long as short
MEXC BNB_USDT+0.0091%8h798.90+0.134%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0091%8h798.37+0.067%$496.3M$816.9M75xas long as short
Lighter BNB+0.0096%1h797.88+0.006%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71+0.110%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.71−0.016%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.04+0.026%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h797.80−0.004%$54.1M$111.8M50x
Arcus BNB-USD+0.0100%1h798.10+0.034%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.78−0.007%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.65−0.023%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.122%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.41+0.072%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.78−0.007%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.79−0.005%$386K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.94+0.013%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.51+0.085%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90+0.008%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h797.53−0.038%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.64+0.102%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.57−0.033%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h797.88+0.006%$383K$108K10xas long as short
Bulk BNB-USD+0.0118%1h798.39+0.070%$648K$11K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h797.90+0.008%$70K$35K12xas long as short
Kalshi KXBNBPERP+0.0154%8h798.40+0.071%$89K$2.9M4.8xas long as short
RISEx BNB/USDClong+0.0155%1h797.83long leg$1.1M$1.4M20x
BloFin BNB-USDT+0.0211%8h798.50+0.084%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h798.27+0.055%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h798.27+0.055%$1.6M$160K25xas long as short
dYdX BNB-USD+0.0306%1h797.97+0.018%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h797.38−0.056%$6K$3K40xas long as short
Hyperliquid BNB+0.0359%1h798.36+0.066%$53.2M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0387%1h798.52+0.086%$2.7M$5.7M40xas long as short