Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRnext payment −$1.14 per $10,000 · paid last 24h −0.047%
Price spread now: OKX against BloFin−0.090%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Long on BloFinShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.204%−$20 on $10k
Price spread, last 3 days (all we have)+0.242%+$24 · spread now −0.090%, 7d avg −0.112%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.021% dearer against BloFin than usual: you sell high and buy low (spread −0.090% now, against its 7-day average of −0.112%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BNB-USDT806.630.0214pay 0.0214% / 8h3h 32m$18.8M$3.0M75x
ShortOKX BNB-USDT-SWAP805.900.0100get 0.0100% / 8h3h 32m$55.3M$115.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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

Funding earned
−$23.95
Price spread: −0.090% → −0.112%
$2.12
Slippage, 4 orders
−$2.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$45.87
Costs to cover
0.240%
Break-even
never at this rate
Slippage from BloFin: live order book, 17 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 17 min ago0.06 bp6.1 bp −$66.4 bp −$649.0 bp −$904doesn't fit
Sell OKX live order book, 2 min ago0.62 bp5.6 bp −$67.2 bp −$7218.5 bp −$1,847doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h805.02−0.199%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.71+0.010%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.182%$3.0M$29.8M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.50−0.016%$115K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.93−0.211%$870K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h805.03−0.198%$9.8M—150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h804.75−0.233%$609K$902K50xas long as short
Variational Omni BNB+0.0069%8h804.46−0.269%$4.1M$5.5M—as long as short
BingX BNB-USDC+0.0074%8h806.05−0.072%—$13.2M—as long as short
Aster BNBUSDT+0.0093%8h806.43−0.025%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0094%8h806.55−0.010%$70.5M$51.3M50xas long as short
MEXC BNB_USDT+0.0094%8h807.40+0.095%$85.3M$14.9M200xas long as short
Binance BNBUSDT+0.0094%8h806.37−0.032%$519.1M$806.4M75xas long as short
Lighter BNB+0.0096%1h806.38−0.031%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h804.39−0.278%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.25−0.047%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h805.50−0.140%$139.3M$84.0M75xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h805.90−0.090%$55.3M$115.9M50x
Arcus BNB-USD+0.0100%1h806.10−0.066%$52K$222K10xas long as short
Bulk BNB-USD+0.0100%1h806.70+0.009%$652K$11K10xas long as short
Gate BNB_USDT+0.0100%8h805.85−0.097%$36.1M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.22−0.051%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.48−0.143%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.45−0.147%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.32−0.162%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.64−0.247%$120K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.86−0.219%$389K$596K50xas long as short
Derive BNB-PERP+0.0100%1h805.05−0.196%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.40−0.152%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h804.90−0.214%$396K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h805.81−0.102%$8.2M$7.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.17+0.067%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.54−0.135%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h805.01−0.201%$387K$40K10xas long as short
Phoenix BNB+0.0110%1h805.55−0.134%$173K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h804.95−0.208%$2.5M$914K50xas long as short
RISEx BNB/USDC+0.0143%1h806.09−0.067%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.781%$19K$423K30xas long as short
Hyperliquid BNB+0.0210%1h807.25+0.077%$51.8M$21.5M10xas long as short
BloFin BNB-USDTlong+0.0214%8h806.63long leg$18.8M$3.0M75x
Hibachi BNB/USDT-P+0.0224%1h804.78−0.229%$72K$48K12xas long as short
01 Exchange BNBUSD+0.0288%1h806.74+0.014%$29K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.34−0.160%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0336%1h804.35−0.282%$6K$3K40xas long as short
dYdX BNB-USD+0.0389%1h805.88−0.092%$171K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0618%1h807.05+0.052%$3.0M$5.3M40xas long as short