BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.071%

Price spread now: Bulk against StandX−0.016%7-day average +0.027% · 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−$31as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on StandX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.357%+$36 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.016%, 7d avg +0.027%

Together, before fees+0.516%+ Points / potential airdropStandX: Active · farm board+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.043% cheaper against StandX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.027%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BNB-USD	788.22	0	get 0.0000% / 1h	52m 12s	$850K	$2.9M	30x
Short	Bulk BNB-USD	788.09	0.0282	get 0.0035% / 1h	52m 12s	$639K	$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against StandX. 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 StandXbpFee BulkbpOrdersPrice spread, now −0.016%Rate

Funding earned: $59.18
Price spread: −0.016% → +0.027%: −$4.34
Slippage, 4 orders: −$11.71
Fee StandX: 4 bp × 2 orders: −$8
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: $28.13
Costs to cover: 0.267%
Break-even: 3.7 days

Slippage from StandX: live order book, 5 min ago; Bulk: live order book, 60 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 StandX live order book, 5 min ago	3.93 bp	9.7 bp −$10	12.6 bp −$126	doesn't fit	doesn't fit
Sell Bulk live order book, 60 min ago	0.06 bp	3.6 bp −$4	4.0 bp −$40	8.0 bp −$798	23.3 bp −$11.6K

BNB on 45 exchanges

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 −0.0166% / S +0.0336%	1h	787.06	−0.148%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0085%	1h	787.00	−0.155%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.09	−0.016%	$4K	—	25x	as long as short
Aster BNBUSDT	0.0000%	8h	787.72	−0.063%	$5.9M	$17.0M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.82	−0.051%	$3.0M	$26.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.90	−0.041%	$139K	$2.5M	4.8x	as long as short
StandX BNB-USDlong	0.0000%	1h	788.22	long leg	$850K	$2.9M	30x
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	787.43	−0.101%	$1.5M	$157K	25x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.21	−0.128%	$9.5M	—	150x	as long as short
MEXC BNB_USDT	+0.0015%	8h	788.70	+0.061%	$83.3M	$11.7M	200x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0015%	8h	787.70	−0.066%	$481.4M	$765.3M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.140%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0043%	8h	786.80	−0.180%	$138.5M	$67.0M	75x	as long as short
BloFin BNB-USDT	+0.0063%	8h	787.99	−0.029%	$18.4M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0093%	8h	787.76	−0.058%	$68.5M	$51.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.24	−0.124%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.85	−0.174%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.74	−0.061%	$51.9M	$16.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.29	−0.118%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.90	−0.167%	$53.3M	$102.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.40	−0.104%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.05	−0.148%	$41.2M	$53.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.99	−0.156%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.81	−0.179%	$75.6M	$30.7M	75x	as long as short
BingX BNB-USDT	+0.0100%	8h	787.28	−0.119%	—	$50.1M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.70	−0.066%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.85	−0.174%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.81	−0.052%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.94	−0.036%	$159K	$444K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.02	−0.152%	$130K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.11	−0.141%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.67	−0.069%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.50	−0.091%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.41	−0.103%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.60	−0.079%	$78K	$386K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.63	−0.202%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.95	−0.161%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	787.92	−0.038%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.48	−0.094%	$545K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.65	−0.072%	$28K	$3K	10x	as long as short
Bulk BNB-USDshort	+0.0282%	1h	788.09	−0.016%	$639K	$0	10x
Reya BNBRUSDPERP	+0.0317%	1h	786.68	−0.196%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	787.44	−0.099%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	787.41	−0.102%	$1.1M	$901K	20x	as long as short
dYdX BNB-USD	+0.1054%	1h	787.47	−0.095%	$158K	$34K	10x	as long as short