Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Arcus−0.025%7-day average −0.074% · 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−$22as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 4 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.405%−$40 · spread now −0.025%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.049% dearer against Arcus than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BNB-USD | 786.30 | 0.0100 | pay 0.0013% / 1h | 42m 22s | $52K | $125K | 10x |
| Short | SoDEX BNB-USD | 786.10 | 0.0100 | get 0.0013% / 1h | 42m 22s | $386K | $947K | 10x |
Arcus BNB-USD
SoDEX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.025% → −0.074%
- $4.86
- Slippage, 4 orders
- −$14.64
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$22.28
- Costs to cover
- 0.271%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 56 min ago; SoDEX: 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 Arcus live order book, 56 min ago | 3.18 bp | 8.0 bp −$8 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 1 min ago | 0.64 bp | 4.6 bp −$5 | 8.3 bp −$83 | 75.7 bp −$7,574 | 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 −0.0168% / S +0.0337% | 1h | 786.16 | −0.018% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.29 | +0.126% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 786.04 | −0.033% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.44 | +0.145% | $3.0M | $27.6M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.05 | +0.095% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.22 | −0.010% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0025% | 8h | 786.78 | +0.061% | $6.0M | $18.5M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.390% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0036% | 8h | 786.32 | +0.003% | — | $13.4M | — | as long as short |
| Binance BNBUSDT | +0.0041% | 8h | 786.70 | +0.051% | $489.5M | $812.4M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0042% | 8h | 787.90 | +0.203% | $82.5M | $12.2M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.18 | −0.015% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.85 | −0.057% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.87 | +0.072% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.26 | −0.006% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.10 | −0.025% | $138.4M | $73.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.10 | −0.025% | $53.5M | $111.2M | 50x | as long as short |
| Arcus BNB-USDlong | +0.0100% | 1h | 786.30 | long leg | $52K | $125K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 786.25 | −0.006% | $39.2M | $55.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.90 | −0.051% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.84 | −0.059% | $75.4M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.59 | +0.037% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.82 | +0.066% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.34 | +0.132% | $4.1M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.16 | +0.109% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.45 | +0.019% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.23 | −0.009% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.51 | +0.027% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.55 | +0.032% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 786.10 | −0.025% | $386K | $947K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.38 | +0.010% | $1.5M | $141K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.29 | −0.001% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.58 | +0.035% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.75 | −0.070% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.13 | −0.022% | $378K | $110K | 10x | as long as short |
| dYdX BNB-USD | +0.0106% | 1h | 786.39 | +0.012% | $157K | $64K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0113% | 8h | 786.80 | +0.064% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.037% | $548K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 787.48 | +0.150% | $158K | $38K | 10x | as long as short |
| Phemex BNBUSDT | +0.0127% | 8h | 786.69 | +0.050% | $68.6M | $51.1M | 50x | as long as short |
| BloFin BNB-USDT | +0.0163% | 8h | 786.56 | +0.033% | $17.7M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0215% | 1h | 787.68 | +0.176% | $638K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.77 | +0.060% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 785.96 | −0.044% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 786.38 | +0.011% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 786.70 | +0.051% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
dYdX BNB-USD
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
Phemex BNBUSDT
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P