BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$1.49 per $10,000 · paid last 24h +0.013%

Price spread now: Orderly against BingX−0.001%7-day average +0.022% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.001%, 7d avg +0.022%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Orderly is 0.023% cheaper against BingX than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.022%). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.047% in total) that is about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	799.54	−0.0049	get 0.0049% / 8h	7h 42m	—	$13.3M	—
Short	Orderly PERP_BNB_USDC	799.53	0.0100	get 0.0100% / 8h	7h 42m	$386K	$459K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee OrderlybpOrdersPrice spread, now −0.001%Rate

Funding earned: $31.29
Price spread: −0.001% → +0.022%: −$2.31
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $12.98
Costs to cover: 0.160%
Break-even: 4.1 days

Slippage unknown: BingX: live order book, 6 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 BingX live order book, 6 min ago	0.31 bp	6.7 bp −$7	8.1 bp −$81	18.9 bp −$1,892	58.3 bp −$29.2K
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 −0.0201% / S +0.0372%	1h	799.52	−0.003%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0120%	1h	799.42	−0.015%	$2.5M	$980K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.61	+0.009%	$4K	$239	25x	as long as short
Bybit BNBUSDT	−0.0069%	8h	799.30	−0.030%	$138.8M	$76.4M	75x	as long as short
BingX BNB-USDClong	−0.0049%	8h	799.54	long leg	—	$13.3M	—
GRVT BNB_USDT_Perp	0.0000%	8h	799.28	−0.033%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.52	−0.003%	$864K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	800.05	+0.064%	$69.9M	$50.5M	50x	as long as short
Variational Omni BNB	+0.0006%	8h	797.73	−0.227%	$4.1M	$5.4M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.45	−0.012%	$9.7M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.694%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.00	−0.193%	$601K	$979K	50x	as long as short
Aster BNBUSDT	+0.0069%	8h	800.12	+0.073%	$6.2M	$19.2M	200x	as long as short
MEXC BNB_USDT	+0.0089%	8h	800.40	+0.108%	$83.2M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0089%	8h	800.17	+0.079%	$497.1M	$811.4M	75x	as long as short
Gate BNB_USDT	+0.0095%	8h	799.45	−0.011%	$35.8M	$56.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.88	+0.042%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.69	−0.106%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.01	−0.066%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.83	+0.036%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.40	−0.018%	$54.2M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.90	+0.045%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.45	−0.011%	$28.0M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.36	−0.023%	$78.9M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.08	−0.058%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.20	−0.043%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.41	−0.016%	$118K	$871K	10x	as long as short
Orderly PERP_BNB_USDCshort	+0.0100%	8h	799.53	−0.001%	$386K	$459K	50x
Derive BNB-PERP	+0.0100%	1h	799.64	+0.013%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.08	+0.068%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.60	+0.008%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.09	−0.056%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.47	+0.116%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.24	−0.038%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.55	+0.002%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0118%	1h	798.39	−0.143%	$648K	$11K	10x	as long as short
Hibachi BNB/USDT-P	+0.0136%	1h	798.91	−0.079%	$70K	$34K	12x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.78	+0.030%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.70	+0.020%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0210%	8h	800.10	+0.070%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0216%	1h	800.16	+0.078%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	800.01	+0.059%	$1.6M	$160K	25x	as long as short
dYdX BNB-USD	+0.0303%	1h	799.47	−0.008%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0330%	1h	800.28	+0.093%	$53.2M	$20.9M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	799.08	−0.058%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0404%	1h	800.36	+0.103%	$2.7M	$5.7M	40x	as long as short