Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo−0.028%7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.028%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.051% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BNB-PERP | 804.63 | 0.0104 | pay 0.0013% / 1h | 53m 10s | $387K | $40K | 10x |
| Short | Orderly PERP_BNB_USDC | 804.40 | 0.0100 | get 0.0100% / 8h | 1h 53m | $389K | $592K | 50x |
Aevo BNB-PERP
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aevo. 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
- −$0.84
- Price spread: −0.028% → +0.023%
- −$5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$27.96
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 31 min ago; Orderly: no order-book sample. 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 Aevo live order book, 31 min ago | 12.10 bp | 43.9 bp −$44 | 52.6 bp −$526 | 79.9 bp −$7,995 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 804.57 | −0.006% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.41 | +0.222% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.78 | +0.268% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.60 | +0.121% | $107K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.22 | +0.198% | $871K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.68 | +0.007% | $9.8M | — | 150x | as long as short |
| Hibachi BNB/USDT-P | +0.0024% | 1h | 806.08 | +0.180% | $71K | $48K | 12x | as long as short |
| Variational Omni BNB | +0.0044% | 8h | 805.28 | +0.082% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0056% | 8h | 804.42 | −0.026% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0081% | 8h | 803.99 | −0.079% | $139.1M | $82.0M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Hibachi BNB/USDT-P
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 804.56 | −0.008% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.76 | +0.141% | $608K | $882K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.15 | +0.065% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.63 | +0.125% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.10 | −0.065% | $55.1M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.50 | +0.109% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.30 | −0.040% | $36.2M | $57.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.33 | −0.037% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.90 | −0.090% | $78.8M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.63 | +0.249% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.32 | +0.211% | $162K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.87 | +0.030% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 804.40 | −0.028% | $389K | $592K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 804.65 | +0.004% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.09 | +0.057% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.82 | +0.024% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 806.07 | +0.180% | $79K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0103% | 8h | 805.13 | +0.063% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.02 | −0.075% | $1.9M | $5.9M | 50x | as long as short |
| Aevo BNB-PERPlong | +0.0104% | 1h | 804.63 | long leg | $387K | $40K | 10x | |
| MEXC BNB_USDT | +0.0117% | 8h | 805.30 | +0.084% | $84.5M | $13.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0118% | 8h | 804.89 | +0.033% | $519.7M | $806.0M | 75x | as long as short |
| Hyperliquid BNB | +0.0127% | 1h | 804.93 | +0.038% | $51.8M | $22.0M | 10x | as long as short |
| Phemex BNBUSDT | +0.0140% | 8h | 805.02 | +0.049% | $70.2M | $51.9M | 50x | as long as short |
| SoDEX BNB-USD | +0.0145% | 1h | 804.50 | −0.016% | $396K | $1.0M | 10x | as long as short |
| dYdX BNB-USD | +0.0153% | 1h | 805.74 | +0.138% | $162K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 805.95 | +0.165% | $173K | $35K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 804.84 | +0.027% | $1.6M | $165K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 804.45 | −0.022% | $2.5M | $933K | 50x | as long as short |
| BloFin BNB-USDT | +0.0238% | 8h | 805.07 | +0.055% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0273% | 1h | 805.26 | +0.079% | $650K | $14K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | +0.058% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.18 | +0.070% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 804.39 | −0.030% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0360% | 1h | 805.66 | +0.129% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0710% | 1h | 805.37 | +0.093% | $3.0M | $5.5M | 40x | as long as short |
Lighter BNB
Coinbase International BNB-PERP-INTX
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
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Hyperliquid BNB
Phemex BNBUSDT
SoDEX BNB-USD
dYdX BNB-USD
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Bulk BNB-USD
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP