BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.035%

Price spread now: StandX against SoDEX+0.271%7-day average +0.033% · 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−$6as in the Price arb table

costs, in and out, $10k−$300.295% of the position

Long on SoDEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.271%, 7d avg +0.033%

Together, before fees−0.069%+ Points / potential airdropStandX: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.239% dearer against SoDEX than usual: you sell high and buy low (spread +0.271% now, against its 7-day average of +0.033%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	789.20	0.0125	pay 0.0016% / 1h	27m 08s	$388K	$1.0M	10x
Short	StandX BNB-USD	791.34	0	get 0.0000% / 1h	27m 08s	$855K	$3.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.271%Rate

Funding earned: −$26.19
Price spread: +0.271% → +0.033%: $23.85
Slippage, 4 orders: −$13.52
Fee SoDEX: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$31.87
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; StandX: live order book, 2 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, 2 min ago	0.63 bp	4.6 bp −$5	8.6 bp −$86	75.7 bp −$7,574	doesn't fit
Sell StandX live order book, 2 min ago	4.43 bp	11.5 bp −$12	15.5 bp −$155	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 −0.0167% / S +0.0335%	1h	788.98	−0.028%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.98	+0.099%	$4K	$239	25x	as long as short
StandX BNB-USDshort	0.0000%	1h	791.34	+0.271%	$855K	$3.2M	30x
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	789.09	−0.013%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.013%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0048%	8h	789.75	+0.070%	$6.3M	$18.6M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.79	+0.075%	$617K	$1.8M	50x	as long as short
BingX BNB-USDC	+0.0059%	8h	789.78	+0.073%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0073%	8h	789.70	+0.063%	$69.2M	$51.1M	50x	as long as short
MEXC BNB_USDT	+0.0076%	8h	790.10	+0.114%	$80.3M	$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
Binance BNBUSDT	+0.0076%	8h	789.83	+0.080%	$493.8M	$803.0M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.07	−0.017%	$2.5M	$1.2M	50x	as long as short
Variational Omni BNB	+0.0096%	8h	790.49	+0.163%	$4.1M	$4.6M	—	as long as short
Lighter BNB	+0.0096%	1h	789.31	+0.014%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.07	−0.016%	$265K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.20	0.000%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.91	+0.090%	$51.8M	$18.1M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.69	+0.062%	$1.2M	$908K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.23	+0.004%	$138.9M	$77.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.40	+0.025%	$53.5M	$111.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.80	+0.076%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.15	−0.006%	$35.3M	$57.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.95	−0.032%	$27.7M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.05	−0.019%	$76.9M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.43	+0.029%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.99	+0.227%	$4.1M	$75.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	791.27	+0.262%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.28	+0.010%	$135K	$948K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.31	+0.014%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.08	+0.112%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.62	+0.053%	$8.1M	$9.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0103%	8h	790.22	+0.129%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.74	−0.059%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.19	−0.001%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	791.21	+0.255%	$170K	$35K	10x	as long as short
SoDEX BNB-USDlong	+0.0125%	1h	789.20	long leg	$388K	$1.0M	10x
GRVT BNB_USDT_Perp	+0.0141%	8h	791.10	+0.241%	$3.0M	$28.2M	10x	as long as short
Kalshi KXBNBPERP	+0.0190%	8h	789.90	+0.089%	$91K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0196%	8h	789.76	+0.071%	$18.1M	$2.3M	75x	as long as short
dYdX BNB-USD	+0.0236%	1h	789.57	+0.047%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	790.07	+0.110%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	789.03	−0.021%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	789.82	+0.079%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0383%	1h	789.79	+0.075%	$640K	$6K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.54	+0.043%	$1.5M	$143K	25x	as long as short
Hibachi BNB/USDT-P	+0.0600%	1h	790.75	+0.196%	$68K	$38K	12x	as long as short