BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.035%

Price spread now: StandX against SoDEX+0.097%7-day average +0.033% · 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−$24as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on SoDEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.215%+$21 · spread now +0.097%, 7d avg +0.033%

Together, before fees+0.104%+ Points / potential airdropStandX: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.065% dearer against SoDEX than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.033%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	790.30	0.0100	pay 0.0013% / 1h	1m 58s	$389K	$1.0M	10x
Short	StandX BNB-USD	791.07	0	get 0.0000% / 1h	1m 58s	$855K	$3.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against SoDEX. 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 SoDEXbpFee StandXbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$21
Price spread: +0.097% → +0.033%: $6.48
Slippage, 4 orders: −$14.97
Fee SoDEX: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$45.49
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; StandX: 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 SoDEX live order book, 2 min ago	0.63 bp	5.0 bp −$5	8.5 bp −$85	77.3 bp −$7,727	doesn't fit
Sell StandX live order book, 2 min ago	4.93 bp	10.9 bp −$11	13.0 bp −$130	52.9 bp −$5,288	doesn't fit

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 −0.0181% / S +0.0347%	1h	790.10	−0.026%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.60	+0.038%	$4K	$239	25x	as long as short
StandX BNB-USDshort	0.0000%	1h	791.07	+0.097%	$855K	$3.1M	30x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	790.10	−0.025%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.871%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0047%	8h	790.58	+0.035%	$6.2M	$18.7M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	790.10	−0.025%	$590K	$1.9M	50x	as long as short
BingX BNB-USDT	+0.0057%	8h	790.24	−0.008%	—	$34.3M	—	as long as short
Phemex BNBUSDT	+0.0064%	8h	790.74	+0.056%	$69.3M	$50.3M	50x	as long as short
MEXC BNB_USDT	+0.0071%	8h	791.20	+0.114%	$80.4M	$12.5M	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	+0.0071%	8h	790.64	+0.043%	$493.5M	$791.3M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	790.08	−0.028%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	790.42	+0.015%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	790.25	−0.006%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	790.10	−0.025%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.79	+0.062%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	790.55	+0.031%	$1.2M	$914K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.80	−0.063%	$139.0M	$75.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.80	−0.063%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	790.50	+0.025%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	790.05	−0.032%	$35.4M	$57.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.94	−0.046%	$27.7M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.70	−0.076%	$76.5M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.49	+0.024%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.30	−0.127%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.24	−0.008%	$4.1M	$74.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.01	−0.037%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.99	−0.039%	$133K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	790.39	+0.011%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.90	+0.076%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	790.30	long leg	$389K	$1.0M	10x
HTX BNB-USDT	+0.0100%	8h	790.10	−0.025%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	790.95	+0.082%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.65	−0.082%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.95	−0.045%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	790.39	+0.011%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0138%	8h	790.45	+0.019%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0183%	8h	791.20	+0.114%	$105K	$2.7M	4.8x	as long as short
dYdX BNB-USD	+0.0191%	1h	789.65	−0.082%	$160K	$64K	10x	as long as short
BloFin BNB-USDT	+0.0191%	8h	790.74	+0.056%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	790.81	+0.065%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.67	+0.047%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	789.65	−0.083%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0338%	1h	790.78	+0.061%	$640K	$9K	10x	as long as short
RISEx BNB/USDC	+0.0361%	1h	790.59	+0.037%	$1.1M	$979K	20x	as long as short
Hibachi BNB/USDT-P	+0.0576%	1h	790.23	−0.009%	$67K	$38K	12x	as long as short