BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.003%

Price spread now: Orderly against Bybit+0.057%7-day average +0.063% · you sell dearer than you buy

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.057%, 7d avg +0.063%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	801.80	0.0066	pay 0.0066% / 8h	57m 20s	$139.3M	$78.6M	75x
Short	Orderly PERP_BNB_USDC	802.26	0.0100	get 0.0100% / 8h	57m 20s	$388K	$489K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 BybitbpFee OrderlybpOrdersPrice spread, now +0.057%Rate

Funding earned: $7.09
Price spread: +0.057% → +0.063%: −$0.56
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$10.47
Costs to cover: 0.170%
Break-even: 17.3 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.62 bp	7.4 bp −$7	10.1 bp −$101	23.8 bp −$2,376	160.2 bp −$80.1K
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	802.22	+0.053%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.34	+0.067%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	802.20	+0.050%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	−0.101%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.02	+0.152%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.23	+0.054%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	800.04	−0.219%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	802.28	+0.060%	—	$34.8M	—	as long as short
Bybit BNBUSDTlong	+0.0066%	8h	801.80	long leg	$139.3M	$78.6M	75x
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.135%	$607K	$998K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.40	+0.075%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.67	−0.017%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.08	+0.035%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.90	+0.012%	$54.8M	$113.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.30	+0.062%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.95	+0.019%	$35.8M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.73	−0.009%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.92	+0.015%	$79.8M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.60	−0.025%	$4.2M	$77.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.48	−0.040%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.00	+0.025%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDCshort	+0.0100%	8h	802.26	+0.057%	$388K	$489K	50x
Derive BNB-PERP	+0.0100%	1h	802.43	+0.079%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.93	+0.141%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.16	+0.045%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.55	+0.093%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0101%	8h	802.87	+0.133%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.78	−0.003%	$1.9M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.53	+0.090%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	802.81	+0.126%	$70.2M	$51.1M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	802.40	+0.075%	$109K	$2.9M	4.8x	as long as short
MEXC BNB_USDT	+0.0120%	8h	803.00	+0.150%	$83.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0122%	8h	802.88	+0.135%	$502.4M	$819.3M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	−0.128%	$172K	$34K	10x	as long as short
BloFin BNB-USDT	+0.0242%	8h	802.83	+0.128%	$18.2M	$2.5M	75x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	801.96	+0.021%	$71K	$49K	12x	as long as short
SoDEX BNB-USD	+0.0254%	1h	802.30	+0.062%	$394K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	802.09	+0.036%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	−0.081%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.74	+0.117%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.410%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.71	−0.011%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0343%	1h	802.82	+0.127%	$51.9M	$21.6M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0431%	1h	802.42	+0.077%	$2.7M	$5.7M	40x	as long as short
01 Exchange BNBUSD	+0.0432%	1h	802.89	+0.136%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0465%	1h	802.23	+0.054%	$162K	$62K	10x	as long as short