BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.099%

Price spread now: dYdX against Derive−0.035%7-day average — · you buy dearer than you sell

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

Long on Derive Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. dYdX is 0.035% cheaper against Derive than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive BNB-PERP	789.52	0.0100	pay 0.0013% / 1h	0m 47s	$31K	$12K	10x
Short	dYdX BNB-USD	789.25	0.0122	get 0.0015% / 1h	0m 47s	$160K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Derive. 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 DerivebpFee dYdXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $4.71
Price spread: −0.035% → 0.000%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$14.77
Costs to cover: 0.160%
Break-even: 28.9 days

Slippage unknown: Derive: no order-book sample; dYdX: live order book, 58 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell dYdX live order book, 58 min ago	11.42 bp	17.6 bp −$18	44.4 bp −$444	55.7 bp −$5,566	166.8 bp −$83.4K

Derive: 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 −0.0190% / S +0.0354%	1h	789.29	−0.030%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.39	−0.017%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.04	−0.061%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.39	−0.018%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.971%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	790.19	+0.084%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0047%	8h	789.11	−0.053%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0057%	8h	790.60	+0.136%	$80.2M	$12.4M	200x	as long as short
Phemex BNBUSDT	+0.0058%	8h	790.08	+0.070%	$69.1M	$50.3M	50x	as long as short
Binance BNBUSDT	+0.0058%	8h	790.22	+0.088%	$493.3M	$791.6M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0064%	1h	788.26	−0.160%	$579K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.81	+0.037%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.50	−0.003%	$266K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.95	−0.073%	$1.5M	$2.5M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.10	+0.073%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.58	+0.007%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.51	−0.002%	$138.9M	$74.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.60	+0.010%	$53.5M	$111.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.40	−0.016%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.55	+0.003%	$35.6M	$57.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.44	−0.011%	$28.1M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.33	−0.025%	$76.4M	$30.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.00	+0.060%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.11	−0.052%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.18	−0.044%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.32	−0.026%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.36	−0.021%	$133K	$950K	10x	as long as short
Derive BNB-PERPlong	+0.0100%	1h	789.52	long leg	$31K	$12K	10x
SunX BNB-USDT	+0.0100%	8h	790.07	+0.070%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.50	−0.003%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.25	−0.035%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	789.68	+0.020%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.29	−0.030%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.47	−0.007%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.25	−0.035%	$170K	$35K	10x	as long as short
dYdX BNB-USDshort	+0.0122%	1h	789.25	−0.035%	$160K	$64K	10x
GRVT BNB_USDT_Perp	+0.0157%	8h	789.58	+0.008%	$2.9M	$28.5M	10x	as long as short
Kalshi KXBNBPERP	+0.0177%	8h	789.80	+0.035%	$133K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0178%	8h	790.06	+0.068%	$18.1M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0216%	1h	788.57	−0.121%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	790.09	+0.072%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.41	−0.015%	$2.5M	$1.2M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.88	+0.045%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0325%	1h	789.15	−0.047%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0360%	1h	789.07	−0.058%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.75	+0.029%	$1.1M	$903K	20x	as long as short