BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h +0.034%

Price spread now: RISEx against SoDEX+0.014%7-day average +0.005% · 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−$15as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.099%+$10 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.014%, 7d avg +0.005%

Together, before fees+0.138%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	787.50	0.0100	pay 0.0013% / 1h	48m 02s	$387K	$975K	10x
Short	RISEx BNB/USDC	787.61	0.0350	get 0.0044% / 1h	48m 02s	$1.1M	$907K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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 SoDEXbpFee RISExbpOrdersPrice spread, now +0.014%Rate

Funding earned: $52.4
Price spread: +0.014% → +0.005%: $0.87
Slippage, 4 orders: −$2.29
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $36.98
Costs to cover: 0.163%
Break-even: 2.1 days

Slippage from SoDEX: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago	0.63 bp	4.6 bp −$5	8.4 bp −$84	75.2 bp −$7,525	doesn't fit
Sell RISEx live order book, 1 min ago	0.51 bp	3.5 bp −$4	7.9 bp −$79	doesn't fit	doesn't fit

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 −0.0168% / S +0.0337%	1h	787.29	−0.027%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.20	−0.038%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	787.42	−0.011%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	787.23	−0.034%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.38	−0.015%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.234%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0045%	8h	787.50	0.000%	—	$22.3M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	787.89	+0.050%	$6.1M	$18.9M	200x	as long as short
MEXC BNB_USDT	+0.0056%	8h	788.40	+0.114%	$81.2M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0056%	8h	787.85	+0.044%	$489.5M	$821.7M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0059%	1h	787.24	−0.033%	$160K	$62K	10x	as long as short
Phemex BNBUSDT	+0.0077%	8h	787.95	+0.057%	$68.8M	$51.4M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.50	0.000%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	787.03	−0.060%	$169K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.10	−0.051%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.02	+0.066%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.53	+0.004%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.30	−0.025%	$138.5M	$74.7M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.10	−0.051%	$53.6M	$113.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.50	0.000%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.30	−0.025%	$38.2M	$57.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.04	−0.058%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.09	−0.052%	$76.4M	$31.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.85	+0.044%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.30	−0.153%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.24	−0.033%	$4.1M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.10	−0.051%	$158K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.21	−0.037%	$132K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.36	−0.018%	$265K	$439K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.54	+0.006%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.91	+0.052%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	787.50	long leg	$387K	$975K	10x
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	787.79	+0.037%	$1.5M	$145K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.34	−0.020%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.72	+0.028%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.99	−0.065%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.43	−0.009%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	787.02	−0.061%	$563K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	787.60	+0.013%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0176%	8h	787.39	−0.014%	$17.7M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0210%	1h	786.98	−0.066%	$638K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.42	−0.011%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0264%	1h	787.94	+0.056%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	787.05	−0.058%	$6K	$3K	40x	as long as short
RISEx BNB/USDCshort	+0.0350%	1h	787.61	+0.014%	$1.1M	$907K	20x
Hibachi BNB/USDT-P	+0.0456%	1h	787.19	−0.040%	$67K	$39K	12x	as long as short