Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.004%
Price spread now: Lighter against MEXC−0.084%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs+$1as in the Price arb table
costs, in and out, $10k−$100.095% of the position
Long on MEXCShort on Lighter
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.145%−$14 · spread now −0.084%, 7d avg −0.186%
Together, before fees−0.145%+ Points / potential airdropLighter: Season 3 · farm board−$14 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 Lighter is 0.102% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.186%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT787.800.0050pay 0.0050% / 8h2h 49m$79.8M$11.8M200x
ShortLighter BNB787.140.0096get 0.0012% / 1h49m 58s$2.7M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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

Funding earned
$9.66
Price spread: −0.084% → −0.186%
$10.21
Slippage, 4 orders
−$5.55
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$10.32
Costs to cover
0.095%
Break-even
from the start
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 3 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 MEXC live order book, 4 min ago0.63 bp3.9 bp −$48.9 bp −$8926.3 bp −$2,62742.8 bp −$21.4K
Sell Lighter live order book, 3 min ago0.75 bp1.5 bp −$25.0 bp −$5011.7 bp −$1,17166.3 bp −$33.2K

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%1h787.28−0.065%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.68−0.015%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.06+0.033%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.31−0.063%$9.5M—150xas long as short
Aster BNBUSDT+0.0028%8h787.73−0.009%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.195%$19K$789K30xas long as short
BingX BNB-USDC+0.0037%8h787.26−0.069%—$13.4M—as long as short
MEXC BNB_USDTlong+0.0050%8h787.80long leg$79.8M$11.8M200x
Binance BNBUSDT+0.0051%8h787.62−0.023%$490.7M$804.9M75xas long as short
Phemex BNBUSDT+0.0055%8h787.59−0.027%$68.9M$50.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0061%1h787.06−0.094%$159K$61K10xas long as short
Kraken Futures PF_BNBUSD+0.0069%1h786.98−0.104%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46−0.043%$578K$1.9M50xas long as short
Lighter BNBshort+0.0096%1h787.14−0.084%$2.7M$3.8M20x
Orderly PERP_BNB_USDC+0.0100%8h787.23−0.072%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.45−0.044%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.48−0.041%$51.6M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.78−0.003%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.02−0.099%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.00−0.102%$53.4M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h787.60−0.025%$52K$134K10xas long as short
Gate BNB_USDT+0.0100%8h787.05−0.095%$36.2M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.14−0.084%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.72−0.137%$76.2M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.39−0.052%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.087%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h787.81+0.002%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81+0.001%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.35−0.057%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.39−0.052%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.14+0.043%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.10−0.089%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.88+0.010%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.74−0.135%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.29−0.065%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.41−0.050%$169K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h787.30−0.063%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0131%8h787.90+0.013%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.85+0.006%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0197%8h788.13+0.041%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.63−0.022%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.047%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0320%1h788.18+0.048%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.30−0.063%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h787.82+0.002%$1.1M$908K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h787.89+0.011%$67K$39K12xas long as short