BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.047%

Price spread now: RISEx against Hyperliquid−0.006%7-day average −0.021% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$190.188% of the position

Long on Hyperliquid Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.043%+$4 on $10k

Price spread, last 7 days+0.057%+$6 · spread now −0.006%, 7d avg −0.021%

Together, before fees+0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BNB	793.21	0.0113	pay 0.0014% / 1h	48m 25s	$52.6M	$19.8M	10x
Short	RISEx BNB/USDC	793.16	0.0131	get 0.0016% / 1h	48m 25s	$1.1M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Hyperliquid. 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 HyperliquidbpFee RISExbpOrdersPrice spread, now −0.006%Rate

Funding earned: $3.77
Price spread: −0.006% → −0.021%: $1.54
Slippage, 4 orders: −$3.77
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$13.46
Costs to cover: 0.188%
Break-even: 32.0 days

Slippage from Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago	0.50 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, just now	0.63 bp	3.6 bp −$4	7.1 bp −$71	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 −0.0161% / S +0.0334%	1h	792.45	−0.096%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.66	−0.069%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.04	+0.105%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0033%	8h	792.45	−0.096%	$35.5M	$55.2M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	792.87	−0.043%	$3.0M	$28.2M	10x	as long as short
StandX BNB-USD	0.0000%	1h	794.21	+0.126%	$858K	$3.0M	30x	as long as short
Variational Omni BNB	+0.0006%	8h	792.93	−0.036%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.45	−0.096%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.498%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	793.60	+0.049%	$6.1M	$20.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0036%	8h	792.59	−0.078%	—	$35.0M	—	as long as short
Phemex BNBUSDT	+0.0040%	8h	793.92	+0.090%	$69.4M	$50.3M	50x	as long as short
dYdX BNB-USD	+0.0041%	1h	793.28	+0.009%	$160K	$63K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.39	−0.229%	$607K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.10	−0.014%	$82.2M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	792.92	−0.037%	$493.3M	$817.1M	75x	as long as short
Bybit BNBUSDT	+0.0074%	8h	792.45	−0.096%	$138.0M	$77.0M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.142%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	793.43	+0.028%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.57	−0.081%	$383K	$468K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	792.75	−0.058%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	793.61	+0.051%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	792.40	−0.102%	$53.3M	$110.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.30	+0.011%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	793.11	−0.013%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.41	−0.101%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	792.62	−0.075%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.72	+0.064%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.88	−0.042%	$112K	$887K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	792.75	−0.058%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.16	−0.007%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	792.80	−0.052%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	793.30	+0.012%	$8.1M	$8.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.56	+0.044%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.35	−0.109%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.53	−0.086%	$381K	$110K	10x	as long as short
Hyperliquid BNBlong	+0.0113%	1h	793.21	long leg	$52.6M	$19.8M	10x
RISEx BNB/USDCshort	+0.0131%	1h	793.16	−0.006%	$1.1M	$1.4M	20x
Bulk BNB-USD	+0.0139%	1h	794.97	+0.222%	$646K	$10K	10x	as long as short
Kalshi KXBNBPERP	+0.0158%	8h	794.00	+0.100%	$105K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.107%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	793.66	+0.057%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	793.04	−0.022%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	791.96	−0.158%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0366%	1h	794.44	+0.155%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0456%	1h	793.77	+0.070%	$68K	$38K	12x	as long as short