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 07:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.026%
Price spread now: StandX against Phemex+0.024%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.355% of the position
Long on PhemexShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.024%, 7d avg −0.012%
Together, before fees−0.089%+ Points / potential airdropStandX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.037% dearer against Phemex than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.012%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BNBUSDT787.990.0075pay 0.0075% / 8h1h 13m$68.9M$51.2M50x
ShortStandX BNB-USD788.180get 0.0000% / 1h13m 17s$850K$2.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Phemex. 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
−$15.82
Price spread: +0.024% → −0.012%
$3.66
Slippage, 4 orders
−$15.52
Fee Phemex: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$47.69
Costs to cover
0.355%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; StandX: 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 Phemex live order book, 6 min ago0.57 bp6.8 bp −$77.2 bp −$7212.2 bp −$1,221doesn't fit
Sell StandX live order book, 1 min ago4.38 bp10.0 bp −$1012.6 bp −$12654.6 bp −$5,455doesn't fit

BNB on 45 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 −0.0170% / S +0.0337%1h787.34−0.083%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.59−0.051%$4K$4225xas long as short
StandX BNB-USDshort0.0000%1h788.18+0.024%$850K$2.8M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.34−0.082%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.170%$19K$789K30xas long as short
BingX BNB-USDT+0.0050%8h787.51−0.061%—$22.3M—as long as short
Aster BNBUSDT+0.0050%8h787.97−0.002%$6.1M$18.8M200xas long as short
MEXC BNB_USDT+0.0060%8h788.60+0.077%$81.1M$12.1M200xas long as short
Binance BNBUSDT+0.0060%8h787.90−0.011%$490.4M$819.9M75xas long as short
dYdX BNB-USD+0.0065%1h787.28−0.090%$160K$62K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDTlong+0.0075%8h787.99long leg$68.9M$51.2M50x
Coinbase International BNB-PERP-INTX+0.0080%1h787.30−0.088%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.53−0.059%$2.7M$3.9M20xas long as short
Nado BNB-PERP+0.0100%1h787.25−0.094%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h788.07+0.010%$51.6M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.65−0.043%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.100%$138.6M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.100%$53.6M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.60−0.049%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.40−0.075%$37.8M$59.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.09−0.114%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.20−0.100%$76.2M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.69−0.038%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.111%$4.1M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h787.77−0.027%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.72−0.034%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.30−0.088%$132K$951K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.42−0.072%$265K$470K50xas long as short
SunX BNB-USDT+0.0100%8h787.98−0.001%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.50−0.062%$387K$979K10xas long as short
HTX BNB-USDT+0.0100%8h787.55−0.056%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.00+0.002%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h787.02−0.123%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h787.42−0.072%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0120%8h787.80−0.024%$170K$2.7M4.8xas long as short
Phoenix BNB+0.0135%1h787.80−0.024%$169K$35K10xas long as short
BloFin BNB-USDT+0.0180%8h787.92−0.009%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.81−0.023%$1.5M$145K25xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h787.25−0.094%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h788.06+0.009%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0248%1h788.01+0.003%$28K$4K10xas long as short
Bulk BNB-USD+0.0262%1h788.32+0.042%$639K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h787.10−0.113%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h787.58−0.052%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0496%1h787.44−0.070%$67K$39K12xas long as short