BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against Bitget+0.146%7-day average +0.237% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$200.204% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.133%+$13 · spread now +0.146%, 7d avg +0.237%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.091% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.237%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	788.95	0.0100	pay 0.0100% / 8h	6h 01m	$77.3M	$29.9M	75x
Short	MEXC BNB_USDT	790.10	0.0067	get 0.0067% / 8h	6h 01m	$80.5M	$13.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$6.93
Price spread: +0.146% → +0.237%: −$9.13
Slippage, 4 orders: −$4.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$36.44
Costs to cover: 0.204%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: 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 Bitget live order book, 3 min ago	0.06 bp	7.4 bp −$7	9.7 bp −$97	12.9 bp −$1,288	doesn't fit
Sell MEXC live order book, 3 min ago	0.63 bp	2.6 bp −$3	3.8 bp −$38	15.0 bp −$1,498	30.2 bp −$15.1K

BNB on 45 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 −0.0167% / S +0.0335%	1h	789.61	+0.083%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	789.47	+0.066%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.93	+0.124%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.38	+0.181%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	789.32	+0.047%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.046%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	789.92	+0.123%	$6.2M	$18.9M	200x	as long as short
BingX BNB-USDC	+0.0051%	8h	789.34	+0.049%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0054%	8h	790.18	+0.156%	$69.1M	$50.8M	50x	as long as short
Variational Omni BNB	+0.0055%	8h	789.21	+0.033%	$4.1M	$4.8M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0056%	1h	789.66	+0.090%	$619K	$1.8M	50x	as long as short
Gate BNB_USDT	+0.0066%	8h	789.25	+0.038%	$35.2M	$58.0M	75x	as long as short
MEXC BNB_USDTshort	+0.0067%	8h	790.10	+0.146%	$80.5M	$13.2M	200x
Binance BNBUSDT	+0.0068%	8h	789.95	+0.127%	$494.4M	$812.8M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.43	+0.061%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	789.46	+0.065%	$2.8M	$4.1M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.153%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.59	+0.081%	$382K	$386K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.45	+0.063%	$1.5M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.82	+0.110%	$51.7M	$18.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.58	+0.080%	$1.2M	$920K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.30	+0.044%	$138.9M	$79.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.00	+0.006%	$53.3M	$113.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	+0.082%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.05	+0.013%	$27.8M	$10.4M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	788.95	long leg	$77.3M	$29.9M	75x
edgeX BNBUSDC	+0.0100%	4h	790.23	+0.163%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.07	+0.142%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.10	+0.019%	$137K	$947K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.70	+0.095%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.20	+0.158%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.66	+0.089%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.97	+0.129%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.91	−0.005%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.61	+0.083%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0114%	1h	789.70	+0.095%	$388K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0117%	1h	789.56	+0.077%	$160K	$64K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	789.60	+0.082%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0177%	8h	790.20	+0.158%	$92K	$2.9M	4.8x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.98	+0.131%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	+0.108%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.95	0.000%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0386%	1h	790.29	+0.170%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	790.09	+0.145%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0520%	1h	789.88	+0.118%	$67K	$39K	12x	as long as short