Funding you earn now, next payment 02:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: RISEx against Extended+0.077%7-day average +0.056% · 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−$12as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Funding, last 3 days (all we have)+0.121%+$12 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.077%, 7d avg +0.056%
=Together, before fees+0.087%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.021% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 793.04 | 0.0104 | pay 0.0013% / 1h | 18m 24s | $1.7M | $5.8M | 50x |
| Short | RISEx BNB/USDC | 793.65 | 0.0131 | get 0.0016% / 1h | 18m 24s | $1.1M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Extended. 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
- $5.74
- Price spread: +0.077% → +0.056%
- $2.1
- Slippage, 4 orders
- −$3.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$6.19
- Costs to cover
- 0.140%
- Break-even
- 14.6 days
Slippage from Extended: live order book, 6 min ago; RISEx: live order book, just now.
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, 6 min ago | 0.06 bp | 3.3 bp −$3 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell RISEx live order book, just now | 0.94 bp | 3.9 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
BNB on 45 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 −0.0167% / S +0.0335% | 1h | 793.55 | +0.063% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 793.42 | +0.048% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.80 | +0.096% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 793.90 | +0.108% | $858K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 793.69 | +0.082% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.519% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 794.13 | +0.137% | $6.1M | $19.7M | 200x | as long as short |
| Variational Omni BNB | +0.0038% | 8h | 794.10 | +0.134% | $4.1M | $4.9M | — | as long as short |
| BingX BNB-USDC | +0.0050% | 8h | 793.46 | +0.053% | — | $13.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 795.53 | +0.314% | $610K | $1.1M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BNB_USDT | +0.0058% | 8h | 793.30 | +0.033% | $35.4M | $56.6M | 75x | as long as short |
| Phemex BNBUSDT | +0.0059% | 8h | 793.80 | +0.096% | $69.4M | $50.7M | 50x | as long as short |
| Binance BNBUSDT | +0.0062% | 8h | 794.26 | +0.153% | $494.0M | $810.0M | 75x | as long as short |
| MEXC BNB_USDT | +0.0062% | 8h | 794.30 | +0.159% | $82.5M | $12.8M | 200x | as long as short |
| GRVT BNB_USDT_Perp | +0.0070% | 8h | 795.62 | +0.325% | $3.0M | $28.5M | 10x | as long as short |
| dYdX BNB-USD | +0.0077% | 1h | 793.68 | +0.080% | $160K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 794.99 | +0.246% | $171K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.92 | +0.111% | $2.8M | $4.0M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 793.45 | +0.051% | $383K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 793.65 | +0.077% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 794.02 | +0.123% | $52.0M | $19.3M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 794.06 | +0.128% | $1.2M | $915K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 793.60 | +0.070% | $138.7M | $75.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 793.40 | +0.045% | $53.2M | $110.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.60 | +0.070% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 793.31 | +0.034% | $27.7M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 793.35 | +0.039% | $77.3M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 794.91 | +0.235% | $4.1M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 794.60 | +0.196% | $160K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 793.33 | +0.036% | $111K | $886K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 793.75 | +0.090% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 793.91 | +0.109% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 793.80 | +0.096% | $390K | $996K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 793.07 | +0.003% | $8.1M | $8.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 794.54 | +0.189% | $77K | $17K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 793.04 | long leg | $1.7M | $5.8M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 793.74 | +0.088% | $381K | $110K | 10x | as long as short |
| RISEx BNB/USDCshort | +0.0131% | 1h | 793.65 | +0.077% | $1.1M | $1.1M | 20x | |
| Kalshi KXBNBPERP | +0.0154% | 8h | 793.80 | +0.096% | $113K | $2.7M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0195% | 1h | 795.93 | +0.364% | $644K | $16K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 794.02 | +0.123% | $28K | $3K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 794.15 | +0.140% | $1.6M | $160K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 793.03 | −0.001% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0385% | 1h | 794.37 | +0.167% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 793.58 | +0.068% | $68K | $38K | 12x | as long as short |
Extended BNB-USD
RISEx BNB/USDC
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
Variational Omni BNB
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
Gate BNB_USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
GRVT BNB_USDT_Perp
Phoenix BNB
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Kalshi KXBNBPERP
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Backpack BNB_USDC_PERP