BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h +0.042%

Price spread now: 01 Exchange against Deribit+0.033%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on 01 Exchange

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. 01 Exchange is 0.033% dearer against Deribit than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit BNB_USDC-PERPETUAL	795.67	0.0300	pay 0.0037% / 1h	27m 19s	$1.6M	$160K	25x
Short	01 Exchange BNBUSD	795.93	0.0256	get 0.0032% / 1h	27m 19s	$28K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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 DeribitbpFee 01 ExchangebpOrdersPrice spread, now +0.033%Rate

Funding earned: −$9.24
Price spread: +0.033% → 0.000%: $3.3
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$19.94
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 2 min ago; 01 Exchange: 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 Deribit live order book, 2 min ago	2.89 bp	8.4 bp −$8	13.8 bp −$138	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 45 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 −0.0167% / S +0.0335%	1h	795.24	−0.054%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	794.95	−0.090%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	795.75	+0.010%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	795.55	−0.015%	$860K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	795.29	−0.047%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0025%	8h	793.33	−0.294%	$4.1M	$4.9M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.184%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0038%	8h	795.57	−0.012%	$6.1M	$19.7M	200x	as long as short
Gate BNB_USDT	+0.0042%	8h	795.30	−0.046%	$35.3M	$56.1M	75x	as long as short
Phemex BNBUSDT	+0.0044%	8h	795.63	−0.005%	$69.6M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0050%	8h	795.53	−0.017%	—	$34.9M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.565%	$607K	$1.1M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0059%	8h	795.02	−0.081%	$3.0M	$28.4M	10x	as long as short
MEXC BNB_USDT	+0.0064%	8h	796.10	+0.054%	$82.6M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	795.55	−0.015%	$495.0M	$811.1M	75x	as long as short
dYdX BNB-USD	+0.0064%	1h	795.36	−0.038%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	795.15	−0.065%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.20	−0.059%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	795.14	−0.066%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	795.30	−0.046%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	795.97	+0.038%	$52.2M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.68	+0.002%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	795.03	−0.080%	$139.0M	$75.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	794.90	−0.096%	$53.3M	$110.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	795.60	−0.008%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	795.16	−0.064%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	794.88	−0.099%	$77.4M	$28.2M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	795.11	−0.071%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.74	−0.117%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	795.35	−0.040%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	795.36	−0.038%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	795.80	+0.016%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	795.20	−0.059%	$391K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	794.97	−0.087%	$8.2M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.81	+0.018%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	794.94	−0.091%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	795.25	−0.052%	$382K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	795.69	+0.003%	$1.1M	$1.2M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	795.60	−0.008%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.386%	$642K	$16K	10x	as long as short
01 Exchange BNBUSDshort	+0.0256%	1h	795.93	+0.033%	$28K	$2K	10x
Deribit BNB_USDC-PERPETUALlong	+0.0300%	1h	795.67	long leg	$1.6M	$160K	25x
Reya BNBRUSDPERP	+0.0329%	1h	795.10	−0.071%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0392%	1h	796.13	+0.058%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	795.00	−0.084%	$68K	$38K	12x	as long as short