BNB funding rates and arbitrage
Updated 2026-11-11 23:04 UTC
Best BNB arbitrage after every cost
No BNB pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
BNB funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Phoenix | BNB | 0.0022% | 1 h | +18.9% | +13.4% | — | 2026-11-12 00:00 |
| Bitunix | BNBUSDC | 0.0108% | 8 h | +11.8% | +8.6% | — | 2026-11-12 00:00 |
| BloFin | BNB-USDT | 0.0108% | 8 h | +11.8% | +14.5% | $14M | 2026-11-12 00:00 |
| Extended | BNB-USD | 0.0013% | 1 h | +11.4% | +10.4% | $1.3M | 2026-11-12 00:00 |
| Phemex | BNBUSDT | 0.0100% | 8 h | +11.0% | — | $63.6M | 2026-11-12 00:00 |
| Pacifica | BNB | 0.0013% | 1 h | +10.9% | +10.0% | $1.7M | 2026-11-12 00:00 |
| KuCoin | BNBUSDTM | 0.0100% | 8 h | +10.9% | −0.2% | $30.9M | 2026-11-12 00:00 |
| Backpack | BNB_USDC_PERP | 0.0013% | 1 h | +10.9% | +10.1% | $2.2M | 2026-11-12 00:00 |
| WhiteBIT | BNB_PERP | 0.0100% | 8 h | +10.9% | +11.0% | $33.3M | 2026-11-12 00:00 |
| ApeX | BNB-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $191.2K | 2026-11-12 00:00 |
| Nado | BNB-PERP_USDT0 | 0.0013% | 1 h | +10.9% | +11.6% | $517.6K | 2026-11-12 00:00 |
| PopDEX | BNBUSDT | 0.0013% | 1 h | +10.9% | +11.1% | — | 2026-11-12 00:00 |
| BingX | BNB-USDT | 0.0100% | 8 h | +10.9% | +6.2% | $10.5M | 2026-11-12 00:00 |
| TXFlow | BNB-USDC | 0.0013% | 1 h | +10.9% | — | $1.7M | 2026-11-11 23:00 |
| Arcus | BNB-USD | 0.0013% | 1 h | +10.9% | +11.0% | $176.9K | 2026-11-12 00:00 |
| Hyperliquid | BNB | 0.0013% | 1 h | +10.9% | +8.8% | $36.5M | 2026-11-12 00:00 |
| Paradex | BNB-USD-PERP | 0.0100% | 8 h | +10.9% | — | $78.9K | 2026-11-12 00:00 |
| Lighter | BNB | 0.0012% | 1 h | +10.5% | +10.0% | $3.3M | 2026-11-12 00:00 |
| OKX | BNB-USDT-SWAP | 0.0095% | 8 h | +10.4% | +5.2% | $40.8M | 2026-11-12 00:00 |
| Bitunix | BNBUSDT | 0.0091% | 8 h | +9.9% | +5.9% | — | 2026-11-12 00:00 |
| WOO X | PERP_BNB_USDT | 0.0083% | 8 h | +9.1% | +5.9% | $9.4K | 2026-11-12 00:00 |
| Binance | BNBUSDT | 0.0083% | 8 h | +9.1% | +5.9% | $363.2M | 2026-11-12 00:00 |
| MEXC | BNB_USDT | 0.0083% | 8 h | +9.1% | +5.9% | $46.5M | 2026-11-12 00:00 |
| LBank | BNBUSDT | 0.0083% | 8 h | +9.1% | +9.7% | — | 2026-11-12 00:00 |
| GRVT | BNB_USDT_Perp | 0.0083% | 8 h | +9.1% | +4.7% | $2.5M | 2026-11-12 00:00 |
| Kraken | PF_BNBUSD | 0.0010% | 1 h | +8.8% | +0.9% | $2.6M | 2026-11-12 00:00 |
| Aster | BNBUSDT | 0.0076% | 8 h | +8.4% | +5.7% | $6.5M | 2026-11-12 00:00 |
| Bybit | BNBUSDT | 0.0069% | 8 h | +7.5% | +3.2% | $90M | 2026-11-12 00:00 |
| Bitget | BNBUSDT | 0.0067% | 8 h | +7.3% | +6.1% | $63.4M | 2026-11-12 00:00 |
| Coinbase Derivatives | BNB-20DEC30-CDE | 0.0008% | 1 h | +7.0% | — | $632.4K | 2026-11-12 00:00 |
| Hibachi | BNB/USDT-P | 0.0006% | 1 h | +5.3% | +34.1% | $149.1K | 2026-11-12 00:00 |
| Gate | BNB_USDT | 0.0048% | 8 h | +5.3% | +8.9% | $76.6M | 2026-11-12 00:00 |
| Variational | BNB-PERP | 0.0046% | 8 h | +5.1% | +4.2% | $6.7M | 2026-11-12 00:00 |
| Bitfinex | tBNBF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $312.3K | 2026-11-12 00:00 |
| HTX | BNB-USDT | 0.0000% | 8 h | 0.0% | +1.7% | $6.5M | 2026-11-12 00:00 |
| dYdX | BNB-USD | 0.0000% | 1 h | 0.0% | +10.1% | $87.8K | 2026-11-12 00:00 |
| StandX | BNB-USD | 0.0000% | 1 h | 0.0% | — | $817 | 2026-11-12 00:00 |
| RISEx | BNB/USDC | -0.0002% | 1 h | −1.7% | — | $1M | 2026-11-12 00:00 |
Borrow BNB to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 1.54% | — |
| Binance | 2.95% | — |
| Gate | 4.02% | $2M |
| Bybit | 4.41% | — |
Cost to enter $10,000 of BNB
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | BNB | 1.1 bp | order-book snapshot, 50 min old |
| Nado | BNB-PERP_USDT0 | 3.6 bp | order-book snapshot, 47 min old |
| Aster | BNBUSDT | 4.5 bp | order-book snapshot, 5 min old |
| GRVT | BNB_USDT_Perp | 4.6 bp | order-book snapshot, 9 min old |
| ApeX | BNB-USDT | 5.1 bp * | order-book snapshot, 7 min old |
| Binance | BNBUSDT | 5.3 bp | order-book snapshot, 32 min old |
| BingX | BNB-USDT | 5.3 bp | order-book snapshot, 21 min old |
| OKX | BNB-USDT-SWAP | 5.4 bp | order-book snapshot, 31 min old |
| Pacifica | BNB | 5.5 bp | order-book snapshot, 56 min old |
| Bitunix | BNBUSDT | 6.1 bp * | order-book snapshot, 54 min old |
| LBank | BNBUSDT | 6.1 bp | order-book snapshot, 59 min old |
| Phemex | BNBUSDT | 6.2 bp | order-book snapshot, 57 min old |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on BNB
Questions
Is BNB funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no BNB pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest BNB funding rate?
Phoenix at +18.9% a year (0.0022% every 1 h); the lowest is RISEx at −1.7%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.