Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.003%
Price spread now: MEXC against SoDEX+0.062%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)+0.254%+$25 · spread now +0.062%, 7d avg +0.154%
=Funding pays, the price is against you. MEXC is 0.092% cheaper against SoDEX than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.154%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BNB-USD | 800.90 | 0.0100 | pay 0.0013% / 1h | 39m 05s | $394K | $1.0M | 10x |
| Short | MEXC BNB_USDT | 801.40 | 0.0122 | get 0.0122% / 8h | 39m 05s | $83.3M | $13.5M | 200x |
SoDEX BNB-USD
MEXC BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SoDEX. 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
- $4.62
- Price spread: +0.062% → +0.154%
- −$9.18
- Slippage, 4 orders
- −$5.36
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$21.92
- Costs to cover
- 0.174%
- Break-even
- 40.2 days
Slippage from SoDEX: live order book, 5 min ago; MEXC: live order book, 5 min ago.
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 SoDEX live order book, 5 min ago | 0.62 bp | 5.0 bp −$5 | 9.2 bp −$92 | 78.1 bp −$7,814 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.87 bp | 3.9 bp −$4 | 6.7 bp −$67 | 13.4 bp −$1,340 | 29.0 bp −$14.5K |
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 | 800.67 | −0.028% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 801.12 | +0.027% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 800.51 | −0.049% | $2.6M | $970K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.40 | +0.187% | $3.0M | $28.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 801.98 | +0.135% | $867K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 800.76 | −0.017% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0025% | 8h | 801.45 | +0.069% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0048% | 8h | 800.55 | −0.044% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0056% | 8h | 800.20 | −0.087% | $138.9M | $78.5M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.022% | $607K | $994K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 800.83 | −0.008% | $2.8M | $4.1M | 20x | as long as short |
| Aster BNBUSDT | +0.0099% | 8h | 801.09 | +0.023% | $6.3M | $19.0M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 800.44 | −0.058% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 801.06 | +0.020% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 800.20 | −0.087% | $54.5M | $113.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 801.20 | +0.037% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 800.40 | −0.062% | $35.9M | $57.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 800.61 | −0.036% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 800.18 | −0.090% | $79.4M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 802.33 | +0.179% | $4.2M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.26 | +0.170% | $162K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 800.65 | −0.031% | $117K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 800.72 | −0.022% | $387K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 800.92 | +0.002% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 801.43 | +0.066% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USDlong | +0.0100% | 1h | 800.90 | long leg | $394K | $1.0M | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 801.80 | +0.112% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 801.55 | +0.082% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 800.13 | −0.096% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 800.89 | −0.001% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0114% | 8h | 801.27 | +0.046% | $70.0M | $50.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0115% | 8h | 801.70 | +0.100% | $110K | $2.9M | 4.8x | as long as short |
| Binance BNBUSDT | +0.0121% | 8h | 801.13 | +0.029% | $501.0M | $817.1M | 75x | as long as short |
| MEXC BNB_USDTshort | +0.0122% | 8h | 801.40 | +0.062% | $83.3M | $13.5M | 200x | |
| Phoenix BNB | +0.0127% | 1h | 802.03 | +0.141% | $172K | $36K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 801.11 | +0.026% | $1.6M | $165K | 25x | as long as short |
| Hyperliquid BNB | +0.0203% | 1h | 801.27 | +0.046% | $51.9M | $21.0M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0224% | 1h | 802.11 | +0.152% | $70K | $44K | 12x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 801.36 | +0.057% | $18.3M | $2.5M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 800.93 | +0.004% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0305% | 1h | 801.82 | +0.115% | $651K | $20K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.523% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 800.36 | −0.068% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0336% | 1h | 801.39 | +0.061% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0393% | 1h | 801.42 | +0.065% | $2.7M | $5.7M | 40x | as long as short |
| dYdX BNB-USD | +0.0422% | 1h | 801.50 | +0.074% | $162K | $62K | 10x | as long as short |
Lighter BNB
Aster BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Kalshi KXBNBPERP
Binance BNBUSDT
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Hibachi BNB/USDT-P
BloFin BNB-USDT
RISEx BNB/USDC
Bulk BNB-USD
Injective BNB/USDC PERP
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP
dYdX BNB-USD