BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0471%/8h= −51.6% APRnext payment −$0.59 per $10,000 · paid last 24h −0.120%

Price spread now: GMX against Derive−0.016%56s7-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 GMX

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate. The two prices were read 56 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	Derive BNB-PERP	802.86	0.0100	pay 0.0013% / 1h	46m 27s	$32K	$5K	10x
Short	GMX BNB/USD [WBTC.b-USDC]	802.73	L −0.0195% / S +0.0371%	pay 0.0046% / 1h	46m 27s	$48K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$99.01
Price spread: −0.016% → 0.000%: −$1.64
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$118.65
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Derive and 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 −0.0195% / S +0.0371%	1h	802.73	−0.016%	$48K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	803.36	+0.062%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	802.69	−0.021%	$3.0M	$30.0M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	803.20	+0.042%	$116K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	803.32	+0.057%	$868K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.78	−0.010%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	802.76	−0.013%	$2.5M	$909K	50x	as long as short
Variational Omni BNB	+0.0063%	8h	802.15	−0.088%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0069%	8h	802.84	−0.003%	—	$13.3M	—	as long as short
Aster BNBUSDT	+0.0086%	8h	803.35	+0.061%	$6.3M	$18.8M	200x	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	+0.0088%	1h	803.99	+0.140%	$608K	$888K	50x	as long as short
Bybit BNBUSDT	+0.0091%	8h	802.07	−0.099%	$138.7M	$82.6M	75x	as long as short
Lighter BNB	+0.0096%	1h	803.03	+0.021%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.63	−0.029%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.99	+0.016%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	802.50	−0.045%	$54.9M	$115.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	803.00	+0.017%	$52K	$161K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.55	−0.039%	$35.9M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.67	−0.024%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.47	−0.049%	$79.0M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.91	+0.006%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.32	+0.057%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.74	−0.015%	$118K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.65	−0.026%	$388K	$593K	50x	as long as short
Derive BNB-PERPlong	+0.0100%	1h	802.86	long leg	$32K	$5K	10x
SunX BNB-USDT	+0.0100%	8h	803.29	+0.053%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	802.80	−0.008%	$395K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	803.20	+0.042%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.95	+0.011%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.65	+0.098%	$78K	$19K	50x	as long as short
MEXC BNB_USDT	+0.0101%	8h	803.70	+0.104%	$84.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0102%	8h	803.37	+0.063%	$518.2M	$803.5M	75x	as long as short
Extended BNB-USD	+0.0104%	1h	802.50	−0.045%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.95	+0.011%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0121%	8h	803.22	+0.045%	$70.1M	$51.6M	50x	as long as short
Phoenix BNB	+0.0125%	1h	802.78	−0.010%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0161%	1h	803.34	+0.059%	$51.6M	$21.3M	10x	as long as short
Bulk BNB-USD	+0.0161%	1h	803.45	+0.073%	$649K	$11K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	803.22	+0.044%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0222%	8h	803.39	+0.066%	$18.8M	$3.0M	75x	as long as short
dYdX BNB-USD	+0.0224%	1h	803.00	+0.017%	$170K	$55K	10x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	802.79	−0.009%	$71K	$48K	12x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	803.69	+0.103%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0335%	1h	802.52	−0.042%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.256%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0698%	1h	803.75	+0.111%	$3.0M	$5.3M	40x	as long as short