BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against Bybit+0.046%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

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

costs, in and out, $10k−$240.245% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.046%, 7d avg +0.048%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	804.34	0.0079	pay 0.0079% / 8h	2h 11m	$139.6M	$81.7M	75x
Short	BingX BNB-USDT	804.71	0.0055	get 0.0055% / 8h	2h 11m	—	$34.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$5.04
Price spread: +0.046% → +0.048%: −$0.19
Slippage, 4 orders: −$3.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$29.69
Costs to cover: 0.245%
Break-even: never at this rate

Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 12 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 Bybit live order book, 7 min ago	0.62 bp	6.7 bp −$7	9.7 bp −$97	25.0 bp −$2,498	139.7 bp −$69.9K
Sell BingX live order book, 12 min ago	0.12 bp	5.1 bp −$5	5.7 bp −$57	11.1 bp −$1,112	31.6 bp −$15.8K

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	804.70	+0.045%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.20	+0.107%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	807.11	+0.344%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.30	+0.119%	$114K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.50	+0.144%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.73	+0.048%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	804.85	+0.063%	$2.5M	$919K	50x	as long as short
Variational Omni BNB	+0.0050%	8h	805.71	+0.171%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDTshort	+0.0055%	8h	804.71	+0.046%	—	$34.5M	—
Bybit BNBUSDTlong	+0.0079%	8h	804.34	long leg	$139.6M	$81.7M	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	805.15	+0.101%	$608K	$881K	50x	as long as short
Lighter BNB	+0.0096%	1h	804.99	+0.080%	$2.8M	$4.2M	20x	as long as short
Aster BNBUSDT	+0.0097%	8h	805.29	+0.118%	$6.4M	$18.9M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.55	+0.026%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.04	+0.087%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.50	+0.020%	$55.2M	$116.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.30	+0.119%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	804.60	+0.032%	$36.1M	$59.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	804.54	+0.025%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.23	−0.014%	$79.0M	$24.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.79	+0.305%	$4.2M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.36	+0.251%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	804.66	+0.040%	$116K	$873K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.77	+0.053%	$389K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.99	+0.080%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.69	+0.167%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	805.23	+0.111%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.21	+0.108%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.53	+0.147%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	804.32	−0.002%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.95	+0.075%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0114%	8h	805.50	+0.144%	$84.6M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0114%	8h	805.34	+0.124%	$520.5M	$806.5M	75x	as long as short
Phoenix BNB	+0.0125%	1h	806.89	+0.317%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0133%	8h	805.43	+0.136%	$70.3M	$51.8M	50x	as long as short
SoDEX BNB-USD	+0.0193%	1h	804.80	+0.057%	$396K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	805.11	+0.095%	$1.1M	$1.5M	20x	as long as short
Hyperliquid BNB	+0.0214%	1h	805.36	+0.127%	$51.9M	$21.9M	10x	as long as short
Bulk BNB-USD	+0.0217%	1h	806.94	+0.323%	$652K	$11K	10x	as long as short
BloFin BNB-USDT	+0.0235%	8h	805.62	+0.159%	$18.9M	$3.1M	75x	as long as short
dYdX BNB-USD	+0.0238%	1h	804.86	+0.065%	$170K	$55K	10x	as long as short
Hibachi BNB/USDT-P	+0.0256%	1h	805.19	+0.106%	$71K	$48K	12x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	804.47	+0.017%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	805.67	+0.165%	$28K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	+0.068%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0651%	1h	805.79	+0.180%	$3.0M	$5.5M	40x	as long as short