Funding you earn now, next payment 00:00 UTC−0.0453%/8h= −49.6% APRpaid last 24h −0.134%
Price spread now: GMX against Aster−0.047%51s7-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
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.047% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | Aster BNBUSDT | 798.65 | 0.0082 | pay 0.0082% / 8h | 9m 34s | $6.2M | $19.1M | 200x |
| Short | GMX BNB/USD [WBTC.b-USDC] | 798.27 | L −0.0201% / S +0.0372% | pay 0.0046% / 1h | 9m 34s | $47K | — | 200x |
Aster BNBUSDT
GMX BNB/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aster. 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
- −$95.17
- Price spread: −0.047% → 0.000%
- −$4.72
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$119.88
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 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 Aster live order book, 4 min ago | 1.00 bp | 5.0 bp −$5 | 5.4 bp −$54 | 17.8 bp −$1,782 | 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 −0.0201% / S +0.0372% | 1h | 798.27 | −0.047% | $47K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.89 | +0.030% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 798.18 | −0.058% | $2.5M | $974K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.45 | −0.025% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.86 | +0.026% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.36 | −0.036% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.53 | −0.140% | $4.0M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 798.20 | −0.056% | — | $34.7M | — | as long as short |
| Bybit BNBUSDT | +0.0037% | 8h | 797.80 | −0.106% | $138.5M | $76.9M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.14 | −0.064% | $601K | $984K | 50x | as long as short |
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDTlong | +0.0082% | 8h | 798.65 | long leg | $6.2M | $19.1M | 200x | |
| Lighter BNB | +0.0096% | 1h | 798.36 | −0.036% | $2.8M | $4.1M | 20x | as long as short |
| Phemex BNBUSDT | +0.0099% | 8h | 798.81 | +0.020% | $69.9M | $50.6M | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.87 | −0.097% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.36 | −0.037% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.90 | −0.094% | $54.3M | $112.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.40 | −0.031% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 797.95 | −0.088% | $35.7M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.02 | −0.079% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.01 | −0.080% | $79.0M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.97 | +0.040% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.19 | +0.068% | $161K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.20 | −0.056% | $116K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.28 | −0.046% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.48 | −0.021% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.85 | +0.025% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.50 | −0.019% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.42 | −0.029% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.68 | +0.004% | $78K | $19K | 50x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 798.62 | −0.003% | $497.4M | $817.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0103% | 8h | 799.00 | +0.044% | $83.0M | $13.6M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.66 | −0.124% | $1.7M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.49 | −0.020% | $384K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 799.20 | +0.069% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0143% | 8h | 798.90 | +0.031% | $90K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0168% | 1h | 798.13 | −0.066% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0191% | 1h | 798.83 | +0.022% | $649K | $17K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 798.80 | +0.019% | $1.6M | $165K | 25x | as long as short |
| BloFin BNB-USDT | +0.0224% | 8h | 798.50 | −0.019% | $18.1M | $2.5M | 75x | as long as short |
| Hyperliquid BNB | +0.0230% | 1h | 799.09 | +0.055% | $52.4M | $20.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.15 | −0.062% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 798.61 | −0.005% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.806% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.79 | −0.107% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0342% | 1h | 798.04 | −0.077% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0343% | 1h | 799.09 | +0.055% | $2.7M | $5.7M | 40x | as long as short |
Lighter BNB
Phemex BNBUSDT
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Binance BNBUSDT
MEXC BNB_USDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
Hibachi BNB/USDT-P
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Reya BNBRUSDPERP
dYdX BNB-USD
Backpack BNB_USDC_PERP