BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.038%

Price spread now: BloFin against Aster+0.003%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$24 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.003%, 7d avg +0.004%

Together, before fees+0.162%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	788.54	0.0027	pay 0.0027% / 8h	3h 28m	$6.1M	$18.8M	200x
Short	BloFin BNB-USDT	788.56	0.0167	get 0.0167% / 8h	3h 28m	$18.1M	$2.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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 AsterbpFee BloFinbpOrdersPrice spread, now +0.003%Rate

Funding earned: $29.35
Price spread: +0.003% → +0.004%: −$0.1
Slippage, 4 orders: −$3.67
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $5.59
Costs to cover: 0.237%
Break-even: 5.7 days

Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 5 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 Aster live order book, 5 min ago	0.44 bp	4.7 bp −$5	6.1 bp −$61	19.3 bp −$1,928	doesn't fit
Sell BloFin live order book, 5 min ago	1.01 bp	7.0 bp −$7	8.3 bp −$83	12.3 bp −$1,232	14.8 bp −$7,418

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 −0.0192% / S +0.0356%	1h	787.94	−0.076%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	787.94	−0.076%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.73	+0.024%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.01	+0.060%	$851K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.96	−0.073%	$9.5M	—	150x	as long as short
Aster BNBUSDTlong	+0.0027%	8h	788.54	long leg	$6.1M	$18.8M	200x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.099%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0040%	8h	788.11	−0.055%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0046%	8h	789.00	+0.058%	$80.0M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0047%	8h	788.55	+0.001%	$491.8M	$798.3M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0051%	8h	788.51	−0.004%	$69.0M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	790.26	+0.218%	$580K	$1.9M	50x	as long as short
Phoenix BNB	+0.0092%	1h	788.66	+0.015%	$169K	$35K	10x	as long as short
dYdX BNB-USD	+0.0096%	1h	788.56	+0.002%	$160K	$64K	10x	as long as short
Lighter BNB	+0.0096%	1h	788.22	−0.041%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.01	−0.067%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.95	−0.075%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.64	+0.013%	$51.7M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.28	−0.033%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.00	−0.068%	$138.6M	$73.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.90	−0.081%	$53.5M	$111.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.30	−0.030%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.05	−0.062%	$35.9M	$57.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.72	−0.104%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.71	−0.105%	$76.3M	$30.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.39	−0.019%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.21	−0.042%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.67	+0.017%	$4.1M	$73.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.63	+0.011%	$159K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.88	−0.084%	$130K	$953K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.09	−0.057%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.63	+0.012%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.20	−0.043%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.16	−0.048%	$8.1M	$9.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.34	−0.025%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.67	−0.111%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.96	−0.073%	$379K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0124%	8h	788.90	+0.046%	$126K	$2.7M	4.8x	as long as short
BloFin BNB-USDTshort	+0.0167%	8h	788.56	+0.003%	$18.1M	$2.2M	75x
GRVT BNB_USDT_Perp	+0.0174%	8h	789.03	+0.063%	$2.9M	$28.7M	10x	as long as short
Bulk BNB-USD	+0.0219%	1h	788.52	−0.003%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.51	−0.004%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	788.46	−0.011%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0325%	1h	787.74	−0.102%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	788.50	−0.005%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	788.38	−0.021%	$1.1M	$893K	20x	as long as short