BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.019%

Price spread now: Bulk against Reya+0.195%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bulk is 0.195% dearer against Reya than usual: you sell high and buy low (spread +0.195% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya BNBRUSDPERP	788.59	0.0326	pay 0.0041% / 1h	18m 26s	$6K	$3K	40x
Short	Bulk BNB-USD	790.13	0.0222	get 0.0028% / 1h	18m 26s	$640K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Reya. 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 ReyabpFee BulkbpOrdersPrice spread, now +0.195%Rate

Funding earned: −$21.88
Price spread: +0.195% → 0.000%: $19.49
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$15.4
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Bulk: live order book, 41 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 Bulk live order book, 41 min ago	0.06 bp	3.6 bp −$4	3.6 bp −$36	6.0 bp −$601	15.9 bp −$7,951

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 −0.0187% / S +0.0352%	1h	788.82	+0.029%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.17	+0.073%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.43	+0.106%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.91	+0.040%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.092%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0038%	8h	789.53	+0.119%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0051%	8h	789.14	+0.070%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.76	+0.148%	$69.1M	$50.0M	50x	as long as short
Binance BNBUSDT	+0.0062%	8h	789.42	+0.106%	$492.6M	$789.6M	75x	as long as short
MEXC BNB_USDT	+0.0062%	8h	789.70	+0.141%	$80.1M	$12.4M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	+0.109%	$582K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.00	+0.052%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.96	+0.047%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.70	+0.014%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.43	+0.106%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.12	+0.067%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.74	+0.019%	$138.7M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.60	+0.001%	$53.4M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.20	+0.077%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.85	+0.033%	$35.5M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.84	+0.032%	$28.1M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.65	+0.007%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.43	+0.106%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.80	+0.027%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.71	+0.141%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.71	+0.142%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.78	+0.024%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.31	+0.092%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.82	+0.156%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.40	+0.103%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.11	+0.066%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.68	+0.139%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.69	+0.013%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.33	+0.094%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.49	+0.114%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0123%	1h	789.35	+0.096%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0148%	8h	789.97	+0.175%	$2.9M	$28.6M	10x	as long as short
Kalshi KXBNBPERP	+0.0176%	8h	789.80	+0.153%	$125K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0183%	8h	789.85	+0.160%	$18.2M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	789.61	+0.129%	$1.5M	$143K	25x	as long as short
Bulk BNB-USDshort	+0.0222%	1h	790.13	+0.195%	$640K	$9K	10x
01 Exchange BNBUSD	+0.0232%	1h	789.37	+0.099%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.01	+0.053%	$2.5M	$1.2M	50x	as long as short
Reya BNBRUSDPERPlong	+0.0326%	1h	788.59	long leg	$6K	$3K	40x
Hibachi BNB/USDT-P	+0.0400%	1h	789.48	+0.113%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.26	+0.085%	$1.1M	$967K	20x	as long as short