Funding you earn now, next payment 01:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.027%
Price spread now: BloFin against Reya+0.131%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. BloFin is 0.131% dearer against Reya than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya BNBRUSDPERP | 797.45 | 0.0331 | pay 0.0041% / 1h | 48m 53s | $6K | $3K | 40x |
| Short | BloFin BNB-USDT | 798.50 | 0.0211 | get 0.0211% / 8h | 7h 48m | $18.1M | $2.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- −$25.02
- Price spread: +0.131% → 0.000%
- $13.14
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.87
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 5 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 0.63 bp | 7.2 bp −$7 | 8.1 bp −$81 | 16.3 bp −$1,633 | doesn't fit |
Reya: 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 −0.0201% / S +0.0372% | 1h | 797.88 | +0.053% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 797.90 | +0.057% | $2.5M | $980K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.25 | +0.100% | $4K | $239 | 25x | as long as short |
| Bybit BNBUSDT | −0.0049% | 8h | 797.52 | +0.009% | $138.5M | $77.0M | 75x | as long as short |
| BingX BNB-USDC | −0.0030% | 8h | 797.96 | +0.064% | — | $13.4M | — | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.92 | +0.184% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.40 | +0.119% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 797.86 | +0.052% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.13 | −0.041% | $4.1M | $5.4M | — | as long as short |
| Gate BNB_USDT | +0.0024% | 8h | 797.65 | +0.025% | $35.7M | $55.8M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.958% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.00 | +0.069% | $601K | $987K | 50x | as long as short |
| Aster BNBUSDT | +0.0069% | 8h | 798.40 | +0.118% | $6.2M | $19.3M | 200x | as long as short |
| Phemex BNBUSDT | +0.0071% | 8h | 798.46 | +0.126% | $69.7M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0091% | 8h | 798.70 | +0.157% | $83.0M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0091% | 8h | 798.46 | +0.127% | $496.3M | $817.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.13 | +0.085% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.71 | +0.158% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.24 | −0.027% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 797.93 | +0.060% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.70 | +0.031% | $54.1M | $112.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.20 | +0.094% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.83 | +0.047% | $27.9M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.59 | +0.017% | $78.7M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.80 | +0.170% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.41 | +0.120% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 797.74 | +0.036% | $118K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 797.87 | +0.052% | $386K | $481K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.02 | +0.071% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 797.92 | +0.059% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.20 | +0.094% | $392K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.14 | +0.086% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.68 | +0.154% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.32 | −0.017% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.02 | +0.196% | $384K | $108K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0136% | 1h | 797.85 | +0.050% | $70K | $36K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 798.20 | +0.094% | $89K | $2.9M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.05 | +0.075% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0158% | 1h | 799.24 | +0.224% | $649K | $14K | 10x | as long as short |
| BloFin BNB-USDTshort | +0.0211% | 8h | 798.50 | +0.131% | $18.1M | $2.5M | 75x | |
| 01 Exchange BNBUSD | +0.0216% | 1h | 798.50 | +0.131% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0288% | 1h | 797.28 | −0.022% | $161K | $63K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 798.42 | +0.121% | $1.6M | $160K | 25x | as long as short |
| Reya BNBRUSDPERPlong | +0.0331% | 1h | 797.45 | long leg | $6K | $3K | 40x | |
| Hyperliquid BNB | +0.0370% | 1h | 798.62 | +0.146% | $53.2M | $20.8M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0386% | 1h | 798.65 | +0.150% | $2.7M | $5.7M | 40x | as long as short |
BloFin BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Bybit BNBUSDT
BingX BNB-USDC
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Gate BNB_USDT
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Pacifica BNB
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
Extended BNB-USD
Kalshi KXBNBPERP
RISEx BNB/USDC
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP