Funding you earn now, next payment 08:00 UTC−0.0437%/8h= −47.8% APRnext payment −$0.55 per $10,000 · paid last 24h −0.120%
Price spread now: GMX against ApeX Omni−0.076%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and GMX is 0.076% cheaper against ApeX Omni than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BNBUSDT | 787.25 | 0.0100 | pay 0.0013% / 1h | 41m 56s | $158K | $438K | 50x |
| Short | GMX BNB/USD [WBTC.b-USDC] | 786.65 | L −0.0168% / S +0.0337% | pay 0.0042% / 1h | 41m 56s | $43K | — | 200x |
ApeX Omni BNBUSDT
GMX BNB/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- −$91.67
- Price spread: −0.076% → 0.000%
- −$7.59
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$121.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 61 min ago; GMX: 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 ApeX Omni live order book, 61 min ago | 5.15 bp | 10.3 bp −$10 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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]short | L −0.0168% / S +0.0337% | 1h | 786.65 | −0.076% | $43K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.19 | −0.008% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 786.66 | −0.075% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.35 | +0.013% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.64 | −0.077% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.266% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0045% | 8h | 786.77 | −0.061% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | +0.0046% | 8h | 787.17 | −0.011% | $6.0M | $18.9M | 200x | as long as short |
| dYdX BNB-USD | +0.0052% | 1h | 786.54 | −0.090% | $159K | $62K | 10x | as long as short |
| MEXC BNB_USDT | +0.0055% | 8h | 787.70 | +0.057% | $81.1M | $11.9M | 200x | as long as short |
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDC
Aster BNBUSDT
dYdX BNB-USD
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0055% | 8h | 787.19 | −0.008% | $489.4M | $821.6M | 75x | as long as short |
| Phemex BNBUSDT | +0.0077% | 8h | 787.26 | +0.001% | $68.8M | $51.4M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.77 | −0.061% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 787.73 | +0.061% | $169K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.35 | −0.114% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.26 | +0.001% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.68 | −0.073% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.60 | −0.083% | $138.4M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.50 | −0.095% | $53.6M | $113.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.70 | −0.070% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.60 | −0.083% | $38.3M | $57.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.30 | −0.121% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.36 | −0.113% | $76.4M | $31.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.07 | −0.023% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | −0.032% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.76 | +0.064% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDTlong | +0.0100% | 1h | 787.25 | long leg | $158K | $438K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.65 | −0.076% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.66 | −0.075% | $264K | $430K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.70 | −0.069% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.67 | −0.073% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.80 | −0.057% | $387K | $974K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.59 | −0.083% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.00 | −0.032% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.24 | −0.128% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.72 | −0.067% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 786.37 | −0.112% | $556K | $1.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0114% | 8h | 786.90 | −0.044% | $170K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0175% | 8h | 787.18 | −0.009% | $17.7M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0210% | 1h | 786.98 | −0.034% | $638K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0225% | 8h | 787.62 | +0.047% | $2.9M | $28.7M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 787.06 | −0.024% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.10 | −0.019% | $1.5M | $145K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 786.55 | −0.089% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 787.05 | −0.025% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0456% | 1h | 786.91 | −0.043% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Kalshi KXBNBPERP
BloFin BNB-USDT
Bulk BNB-USD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P