BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0237%/8h= −26.0% APRnext payment −$0.30 per $10,000 · paid last 24h −0.067%

Price spread now: Coinbase International against Reya+0.122%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 Coinbase International

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. Coinbase International is 0.122% dearer against Reya than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya BNBRUSDPERP	804.78	0.0333	pay 0.0042% / 1h	49m 34s	$6K	$3K	40x
Short	Coinbase International BNB-PERP-INTX	805.76	0.0096	get 0.0012% / 1h	49m 34s	$608K	$882K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$49.84
Price spread: +0.122% → 0.000%: $12.22
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$53.62
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 34 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 Coinbase International live order book, 34 min ago	2.42 bp	8.8 bp −$9	15.0 bp −$150	doesn't fit	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 −0.0195% / S +0.0371%	1h	804.95	+0.022%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.58	+0.100%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.78	+0.249%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.80	+0.127%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.94	+0.020%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.97	+0.024%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0047%	8h	804.38	−0.049%	$4.1M	$5.3M	—	as long as short
Hibachi BNB/USDT-P	+0.0048%	1h	805.11	+0.041%	$71K	$48K	12x	as long as short
BingX BNB-USDC	+0.0057%	8h	805.28	+0.063%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0084%	8h	804.78	0.000%	$139.5M	$82.0M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	805.44	+0.082%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0096%	1h	805.76	+0.122%	$608K	$882K	50x
Nado BNB-PERP	+0.0100%	1h	805.05	+0.034%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.33	+0.069%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.90	+0.015%	$55.1M	$116.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.50	+0.090%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.00	+0.028%	$36.2M	$57.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.05	+0.034%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.77	−0.001%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.44	+0.083%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.60	+0.102%	$162K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.08	+0.038%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.05	+0.034%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.30	+0.066%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.23	+0.056%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.15	+0.046%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.97	+0.148%	$79K	$19K	50x	as long as short
Aster BNBUSDT	+0.0103%	8h	805.76	+0.122%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	804.68	−0.012%	$1.9M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.22	+0.056%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0117%	8h	806.00	+0.152%	$84.6M	$13.3M	200x	as long as short
Binance BNBUSDT	+0.0118%	8h	805.78	+0.125%	$520.6M	$805.4M	75x	as long as short
Phemex BNBUSDT	+0.0134%	8h	805.64	+0.107%	$70.3M	$51.9M	50x	as long as short
Hyperliquid BNB	+0.0151%	1h	805.86	+0.135%	$51.8M	$22.0M	10x	as long as short
SoDEX BNB-USD	+0.0154%	1h	805.20	+0.053%	$396K	$1.0M	10x	as long as short
Phoenix BNB	+0.0155%	1h	805.39	+0.076%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0185%	1h	805.13	+0.044%	$162K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	805.03	+0.031%	$2.5M	$932K	50x	as long as short
BloFin BNB-USDT	+0.0238%	8h	805.41	+0.079%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0274%	1h	805.55	+0.096%	$651K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	805.54	+0.095%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.039%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	805.37	+0.073%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERPlong	+0.0333%	1h	804.78	long leg	$6K	$3K	40x
01 Exchange BNBUSD	+0.0344%	1h	805.89	+0.138%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0716%	1h	806.19	+0.176%	$3.0M	$5.5M	40x	as long as short