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Funding arb · Price arb /

BNB

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against edgeX−0.179%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Long on edgeXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 7 days+0.083%+$8 · spread now −0.179%, 7d avg −0.095%
Together, before fees+0.039%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.084% cheaper against edgeX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC787.750.0100pay 0.0050% / 4h3h 02m$4.1M$74.5M30x
ShortBitget BNBUSDT786.340.0100get 0.0100% / 8h3h 02m$76.1M$30.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.179% → −0.095%
−$8.43
Slippage, 4 orders
−$5.28
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.71
Costs to cover
0.263%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Bitget: live order book, 1 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 edgeX live order book, 1 min ago1.90 bp6.4 bp −$66.4 bp −$6410.0 bp −$1,003doesn't fit
Sell Bitget live order book, 1 min ago0.06 bp6.1 bp −$68.9 bp −$8920.6 bp −$2,060doesn'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 −0.0192% / S +0.0356%1h786.54−0.153%$46K—200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h786.72−0.130%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.99+0.030%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.50−0.032%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.43+0.086%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.62−0.144%$9.5M—150xas long as short
Aster BNBUSDT+0.0023%8h787.31−0.056%$6.1M$19.1M200xas long as short
BingX BNB-USDC+0.0033%8h787.25−0.064%—$13.4M—as long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.201%$19K$789K30xas long as short
MEXC BNB_USDT+0.0043%8h787.80+0.006%$79.9M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.29−0.059%$490.0M$804.7M75xas long as short
Phemex BNBUSDT+0.0047%8h787.27−0.061%$68.9M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.21−0.069%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0075%1h787.22−0.068%$159K$62K10xas long as short
Phoenix BNB+0.0092%1h787.46−0.037%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.79−0.122%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.71−0.132%$265K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.75−0.127%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.18−0.073%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h787.01−0.094%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.70−0.133%$138.2M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60−0.146%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.00−0.095%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.70−0.133%$36.2M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.71−0.132%$27.6M$10.3M75xas long as short
Bitget BNBUSDTshort+0.0100%8h786.34−0.179%$76.1M$30.7M75x
Backpack BNB_USDC_PERP+0.0100%1h787.13−0.079%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.081%$4.1M$4.6M—as long as short
edgeX BNBUSDClong+0.0100%4h787.75long leg$4.1M$74.5M30x
ApeX Omni BNBUSDT+0.0100%1h787.00−0.095%$158K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.53−0.155%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h786.75−0.128%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.27−0.061%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.90−0.108%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h786.57−0.150%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.98−0.097%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.55−0.153%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h786.71−0.133%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h787.38−0.047%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0185%8h787.96+0.027%$2.9M$28.9M10xas long as short
Bulk BNB-USD+0.0201%1h787.88+0.016%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0248%1h787.33−0.053%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.08−0.085%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.40−0.171%$6K$3K40xas long as short
RISEx BNB/USDC+0.0431%1h787.01−0.094%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h787.70−0.007%$67K$39K12xas long as short