Funding you earn now, next payment 05:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h −0.014%
Price spread now: RISEx against BloFin−0.008%7-day average −0.062% · 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−$17as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.008%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.055% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.062%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.009% in total (about 1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BNB-USDT | 788.00 | 0.0162 | pay 0.0162% / 8h | 3h 17m | $17.7M | $2.2M | 75x |
| Short | RISEx BNB/USDC | 787.94 | 0.0431 | get 0.0054% / 1h | 17m 03s | $1.1M | $893K | 20x |
BloFin BNB-USDT
RISEx BNB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against BloFin. 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
- $56.55
- Price spread: −0.008% → −0.062%
- $5.45
- Slippage, 4 orders
- −$4.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $39.29
- Costs to cover
- 0.227%
- Break-even
- 2.1 days
Slippage from BloFin: live order book, 7 min ago; RISEx: live order book, 2 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 BloFin live order book, 7 min ago | 0.06 bp | 6.1 bp −$6 | 7.1 bp −$71 | 11.8 bp −$1,183 | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.84 bp | 4.8 bp −$5 | 9.6 bp −$96 | doesn't fit | 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 −0.0192% / S +0.0356% | 1h | 787.61 | −0.050% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.73 | −0.034% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.97 | −0.004% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 788.20 | +0.025% | $126K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.04 | +0.005% | $850K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.68 | −0.041% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 787.93 | −0.009% | $6.1M | $18.8M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.169% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0036% | 8h | 787.74 | −0.033% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0042% | 8h | 788.30 | +0.038% | $79.9M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0042% | 8h | 787.85 | −0.019% | $491.2M | $801.5M | 75x | as long as short |
| Phemex BNBUSDT | +0.0043% | 8h | 788.00 | 0.000% | $68.9M | $50.6M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 787.19 | −0.103% | $588K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0089% | 1h | 787.91 | −0.012% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.84 | −0.020% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.83 | −0.021% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.72 | −0.036% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.55 | −0.057% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.87 | −0.016% | $51.7M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.98 | −0.003% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.24 | −0.096% | $138.5M | $73.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.20 | −0.102% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.80 | −0.025% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.35 | −0.082% | $36.0M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.43 | −0.072% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.99 | −0.128% | $76.2M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.72 | −0.036% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.41 | −0.075% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.05 | +0.006% | $4.1M | $74.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.89 | −0.014% | $159K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.52 | −0.061% | $132K | $955K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.74 | −0.033% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.20 | +0.026% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.90 | −0.013% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.63 | −0.048% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.03 | +0.004% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.33 | −0.085% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.70 | −0.038% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDTlong | +0.0162% | 8h | 788.00 | long leg | $17.7M | $2.2M | 75x | |
| GRVT BNB_USDT_Perp | +0.0175% | 8h | 788.39 | +0.049% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0193% | 1h | 788.28 | +0.036% | $638K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 788.25 | +0.032% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.11 | +0.013% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 787.40 | −0.076% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 787.73 | −0.034% | $67K | $39K | 12x | as long as short |
| RISEx BNB/USDCshort | +0.0431% | 1h | 787.94 | −0.008% | $1.1M | $893K | 20x |
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P