BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.050%

Price spread now: 01 Exchange against Phoenix−0.075%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.075% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 32 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix BNB	785.13	0.0107	pay 0.0013% / 1h	27m 06s	$169K	$35K	10x
Short	01 Exchange BNBUSD	784.54	0.0296	get 0.0037% / 1h	27m 06s	$28K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. 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 PhoenixbpFee 01 ExchangebpOrdersPrice spread, now −0.075%Rate

Funding earned: $39.77
Price spread: −0.075% → 0.000%: −$7.51
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $18.25
Costs to cover: 0.140%
Break-even: 3.8 days

Slippage unknown: Phoenix: live order book, 14 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Phoenix live order book, 14 min ago	1.02 bp	12.4 bp −$12	50.9 bp −$509	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0192% / S +0.0356%	1h	783.15	−0.252%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	784.20	−0.118%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	784.86	−0.034%	$846K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	783.37	−0.224%	$9.4M	—	150x	as long as short
Aster BNBUSDT	+0.0031%	8h	784.16	−0.124%	$6.0M	$18.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.542%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0041%	8h	783.72	−0.180%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0054%	8h	784.04	−0.139%	$68.6M	$50.5M	50x	as long as short
MEXC BNB_USDT	+0.0054%	8h	784.50	−0.080%	$79.5M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0054%	8h	784.19	−0.120%	$488.5M	$810.2M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	783.56	−0.200%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	783.79	−0.171%	$567K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	783.69	−0.183%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	783.43	−0.217%	$264K	$489K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	783.75	−0.176%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	784.15	−0.125%	$51.3M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.19	−0.120%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	783.45	−0.214%	$137.6M	$74.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	783.40	−0.220%	$53.3M	$112.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.10	−0.131%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	783.55	−0.201%	$36.4M	$58.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	783.21	−0.245%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	783.24	−0.241%	$75.8M	$30.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	783.93	−0.153%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.13	−0.128%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.32	+0.024%	$4.1M	$75.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.72	+0.075%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	783.67	−0.186%	$131K	$954K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	783.49	−0.209%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.54	−0.075%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	783.60	−0.195%	$385K	$994K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	783.45	−0.214%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.22	−0.115%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	783.03	−0.267%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	783.73	−0.179%	$376K	$110K	10x	as long as short
Phoenix BNBlong	+0.0107%	1h	785.13	long leg	$169K	$35K	10x
Kalshi KXBNBPERP	+0.0146%	8h	784.20	−0.118%	$154K	$2.7M	4.8x	as long as short
dYdX BNB-USD	+0.0162%	1h	784.37	−0.097%	$159K	$61K	10x	as long as short
BloFin BNB-USDT	+0.0174%	8h	784.07	−0.135%	$17.6M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0208%	8h	785.52	+0.050%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSDshort	+0.0296%	1h	784.54	−0.075%	$28K	$4K	10x
Bulk BNB-USD	+0.0298%	1h	785.69	+0.071%	$637K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	783.88	−0.160%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	783.31	−0.232%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	784.18	−0.121%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0504%	1h	784.29	−0.107%	$67K	$39K	12x	as long as short