BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%

Price spread now: RISEx against Coinbase International+0.029%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$260.265% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.176%+$18 on $10k

Price spread, last 3 days (all we have)+0.145%+$14 · spread now +0.029%, 7d avg +0.037%

Together, before fees+0.320%+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BNB-PERP-INTX	798.00	0.0048	pay 0.0006% / 1h	52m 22s	$601K	$983K	50x
Short	RISEx BNB/USDC	798.24	0.0155	get 0.0019% / 1h	52m 22s	$1.1M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Coinbase International. 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 Coinbase InternationalbpFee RISExbpOrdersPrice spread, now +0.029%Rate

Funding earned: $22.44
Price spread: +0.029% → +0.037%: −$0.76
Slippage, 4 orders: −$10.48
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$4.79
Costs to cover: 0.265%
Break-even: 8.5 days

Slippage from Coinbase International: live order book, 21 min ago; RISEx: live order book, 1 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 Coinbase International live order book, 21 min ago	2.63 bp	9.6 bp −$10	13.8 bp −$138	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	1.63 bp	4.6 bp −$5	8.0 bp −$80	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 −0.0201% / S +0.0372%	1h	798.20	+0.025%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	797.00	−0.126%	$2.5M	$976K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.48	+0.060%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0047%	8h	798.10	+0.013%	$35.7M	$55.7M	75x	as long as short
Bybit BNBUSDT	−0.0032%	8h	796.94	−0.133%	$138.3M	$77.1M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.17	+0.147%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.16	+0.145%	$864K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.22	+0.027%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0010%	8h	798.14	+0.018%	$4.1M	$5.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.888%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTXlong	+0.0048%	1h	798.00	long leg	$601K	$983K	50x
Aster BNBUSDT	+0.0071%	8h	798.40	+0.050%	$6.2M	$19.3M	200x	as long as short
BingX BNB-USDT	+0.0077%	8h	798.23	+0.029%	—	$35.2M	—	as long as short
Binance BNBUSDT	+0.0093%	8h	797.85	−0.019%	$495.9M	$818.3M	75x	as long as short
MEXC BNB_USDT	+0.0093%	8h	799.00	+0.125%	$83.0M	$13.5M	200x	as long as short
Lighter BNB	+0.0096%	1h	797.48	−0.065%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.71	+0.089%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.75	−0.031%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.19	+0.024%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	797.30	−0.088%	$54.2M	$112.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.60	+0.075%	$53K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.01	+0.001%	$27.9M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	797.15	−0.107%	$78.7M	$27.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.16	+0.145%	$4.2M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.32	+0.165%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	797.98	−0.003%	$118K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	797.59	−0.051%	$385K	$481K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	797.89	−0.014%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.74	+0.092%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	797.40	−0.075%	$392K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.40	+0.050%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.89	+0.111%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	797.08	−0.115%	$1.8M	$6.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.39	+0.049%	$384K	$102K	10x	as long as short
Phemex BNBUSDT	+0.0131%	8h	797.88	−0.015%	$69.8M	$50.8M	50x	as long as short
Hibachi BNB/USDT-P	+0.0144%	1h	798.38	+0.048%	$70K	$43K	12x	as long as short
Kalshi KXBNBPERP	+0.0152%	8h	798.00	0.000%	$89K	$2.9M	4.8x	as long as short
RISEx BNB/USDCshort	+0.0155%	1h	798.24	+0.029%	$1.1M	$1.4M	20x
Bulk BNB-USD	+0.0158%	1h	799.24	+0.155%	$649K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	797.98	−0.003%	$1.6M	$160K	25x	as long as short
BloFin BNB-USDT	+0.0213%	8h	798.86	+0.108%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0216%	1h	798.76	+0.095%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0267%	1h	798.21	+0.026%	$161K	$63K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0325%	1h	799.03	+0.129%	$2.7M	$5.7M	40x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	797.73	−0.034%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0380%	1h	799.01	+0.127%	$53.0M	$20.6M	10x	as long as short