BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against Binance−0.124%7-day average −0.114% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.124%, 7d avg −0.114%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BNBUSDT	806.92	0.0113	pay 0.0113% / 8h	2h 21m	$521.1M	$804.9M	75x
Short	Bybit BNBUSDT	805.92	0.0077	get 0.0077% / 8h	2h 21m	$139.8M	$82.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$7.47
Price spread: −0.124% → −0.114%: −$0.95
Slippage, 4 orders: −$3.33
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.75
Costs to cover: 0.243%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 3 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 Binance live order book, 8 min ago	0.06 bp	5.2 bp −$5	6.6 bp −$66	15.0 bp −$1,498	43.8 bp −$21.9K
Sell Bybit live order book, 3 min ago	0.62 bp	6.1 bp −$6	8.3 bp −$83	26.5 bp −$2,653	158.6 bp −$79.3K

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 −0.0195% / S +0.0371%	1h	806.17	−0.093%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.58	−0.042%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.55	−0.046%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.90	−0.002%	$114K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	806.16	−0.094%	$871K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	806.18	−0.092%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	806.28	−0.080%	$2.5M	$908K	50x	as long as short
Variational Omni BNB	+0.0048%	8h	805.22	−0.210%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0054%	8h	806.92	0.000%	—	$34.5M	—	as long as short
Bybit BNBUSDTshort	+0.0077%	8h	805.92	−0.124%	$139.8M	$82.4M	75x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	804.80	−0.263%	$609K	$879K	50x	as long as short
Aster BNBUSDT	+0.0096%	8h	806.82	−0.012%	$6.4M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	806.51	−0.051%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	806.12	−0.099%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	806.66	−0.032%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	806.10	−0.102%	$55.3M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	806.90	−0.002%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	806.15	−0.095%	$36.1M	$58.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	806.33	−0.073%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	806.33	−0.073%	$79.3M	$24.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.75	−0.020%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.35	−0.071%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	806.19	−0.090%	$119K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	806.23	−0.085%	$390K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	806.45	−0.058%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.74	−0.023%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	806.74	−0.022%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	806.11	−0.100%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	807.10	+0.023%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.90	−0.126%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	806.33	−0.073%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0111%	8h	807.20	+0.035%	$84.7M	$13.6M	200x	as long as short
Binance BNBUSDTlong	+0.0113%	8h	806.92	long leg	$521.1M	$804.9M	75x
Phemex BNBUSDT	+0.0123%	8h	806.85	−0.009%	$70.4M	$51.8M	50x	as long as short
Phoenix BNB	+0.0125%	1h	806.38	−0.067%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0187%	1h	807.53	+0.076%	$52.0M	$21.4M	10x	as long as short
SoDEX BNB-USD	+0.0206%	1h	806.30	−0.077%	$396K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	806.60	−0.040%	$1.2M	$1.5M	20x	as long as short
Bulk BNB-USD	+0.0217%	1h	806.94	+0.003%	$652K	$11K	10x	as long as short
BloFin BNB-USDT	+0.0233%	8h	806.96	+0.005%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	806.21	−0.088%	$71K	$48K	12x	as long as short
dYdX BNB-USD	+0.0251%	1h	806.37	−0.068%	$171K	$55K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	805.80	−0.139%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	807.24	+0.040%	$29K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	−0.252%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0650%	1h	807.80	+0.109%	$3.0M	$5.5M	40x	as long as short