BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: Deribit against Extended+0.101%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.101%, 7d avg +0.099%

Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BNB-USD	804.04	0.0104	pay 0.0013% / 1h	7m 12s	$1.9M	$5.9M	50x
Short	Deribit BNB_USDC-PERPETUAL	804.85	0.0100	get 0.0013% / 1h	7m 12s	$1.6M	$165K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. 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 ExtendedbpFee DeribitbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$0.84
Price spread: +0.101% → +0.099%: $0.17
Slippage, 4 orders: −$12.11
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$24.78
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Deribit: 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 Extended live order book, 2 min ago	0.06 bp	2.8 bp −$3	3.8 bp −$38	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	1.74 bp	10.7 bp −$11	15.5 bp −$155	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 −0.0195% / S +0.0371%	1h	804.33	+0.036%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.11	+0.133%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.17	+0.141%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.10	+0.132%	$114K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.76	+0.090%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.40	+0.046%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	804.15	+0.013%	$2.5M	$919K	50x	as long as short
Variational Omni BNB	+0.0049%	8h	804.63	+0.073%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0056%	8h	804.21	+0.021%	—	$34.5M	—	as long as short
Bybit BNBUSDT	+0.0080%	8h	803.90	−0.017%	$139.5M	$81.7M	75x	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-INTX	+0.0088%	1h	805.15	+0.138%	$608K	$881K	50x	as long as short
Lighter BNB	+0.0096%	1h	804.39	+0.043%	$2.8M	$4.2M	20x	as long as short
Aster BNBUSDT	+0.0098%	8h	804.86	+0.102%	$6.4M	$18.8M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.23	+0.023%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	804.82	+0.097%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.00	−0.005%	$55.1M	$116.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.00	+0.120%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	804.00	−0.005%	$36.1M	$59.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	804.20	+0.020%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	803.74	−0.037%	$78.9M	$24.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.38	+0.166%	$4.2M	$76.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	804.81	+0.096%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	804.38	+0.042%	$116K	$873K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.38	+0.042%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.58	+0.067%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.05	+0.126%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUALshort	+0.0100%	1h	804.85	+0.101%	$1.6M	$165K	25x
HTX BNB-USDT	+0.0100%	8h	804.90	+0.107%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.30	+0.157%	$79K	$19K	50x	as long as short
Extended BNB-USDlong	+0.0104%	1h	804.04	long leg	$1.9M	$5.9M	50x
Aevo BNB-PERP	+0.0104%	1h	804.49	+0.057%	$386K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0115%	8h	805.00	+0.120%	$84.5M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0115%	8h	804.73	+0.086%	$519.9M	$805.8M	75x	as long as short
Phoenix BNB	+0.0125%	1h	805.62	+0.197%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0137%	8h	804.88	+0.105%	$70.2M	$51.8M	50x	as long as short
SoDEX BNB-USD	+0.0191%	1h	804.30	+0.032%	$396K	$1.0M	10x	as long as short
Hyperliquid BNB	+0.0203%	1h	804.69	+0.081%	$51.8M	$22.0M	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	804.86	+0.101%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0235%	8h	805.16	+0.139%	$18.9M	$3.1M	75x	as long as short
dYdX BNB-USD	+0.0237%	1h	804.86	+0.102%	$170K	$55K	10x	as long as short
Hibachi BNB/USDT-P	+0.0256%	1h	804.99	+0.119%	$71K	$48K	12x	as long as short
Bulk BNB-USD	+0.0258%	1h	805.37	+0.166%	$651K	$14K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	804.08	+0.005%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	805.39	+0.168%	$28K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	+0.106%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0650%	1h	805.27	+0.153%	$3.0M	$5.5M	40x	as long as short