Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.092%
Price spread now: dYdX against Extended+0.014%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.436%+$44 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.014%, 7d avg +0.056%
=Together, before fees+0.469%+ Points / potential airdropExtended: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.042% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.056%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.436%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 785.79 | 0.0104 | pay 0.0013% / 1h | 8m 09s | $1.8M | $6.3M | 50x |
| Short | dYdX BNB-USD | 785.90 | 0.0079 | get 0.0010% / 1h | 8m 09s | $159K | $61K | 10x |
Extended BNB-USD
dYdX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.27
- Price spread: +0.014% → +0.056%
- −$4.19
- Slippage, 4 orders
- −$25.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$50.37
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; dYdX: live order book, 46 min ago.
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 Extended live order book, 6 min ago | 0.06 bp | 3.1 bp −$3 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 46 min ago | 9.99 bp | 17.2 bp −$17 | 55.0 bp −$550 | 113.1 bp −$11.3K | 168.7 bp −$84.3K |
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 −0.0192% / S +0.0356% | 1h | 786.01 | +0.028% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0125% | 1h | 786.14 | +0.044% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.09 | +0.038% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.60 | +0.103% | $122K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.52 | +0.220% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.01 | +0.028% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0021% | 8h | 786.40 | +0.077% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 786.37 | +0.074% | — | $22.3M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.456% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0041% | 8h | 787.10 | +0.166% | $79.8M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0041% | 8h | 786.83 | +0.132% | $489.8M | $803.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0041% | 8h | 786.59 | +0.102% | $68.8M | $50.7M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.281% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USDshort | +0.0079% | 1h | 785.90 | +0.014% | $159K | $61K | 10x | |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.248% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.14 | +0.045% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.21 | +0.053% | $264K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.30 | −0.063% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.77 | +0.124% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.05 | +0.033% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.20 | +0.052% | $138.1M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.20 | +0.052% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.00 | +0.027% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.15 | +0.046% | $36.1M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.75 | −0.005% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.94 | +0.019% | $76.1M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.79 | +0.127% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.154% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.249% | $4.1M | $74.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.52 | +0.220% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.64 | −0.019% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.26 | +0.059% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.38 | +0.075% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.30 | +0.065% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.92 | +0.016% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.08 | +0.037% | $76K | $17K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 785.79 | long leg | $1.8M | $6.3M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 786.21 | +0.053% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 786.39 | +0.076% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0178% | 8h | 787.99 | +0.280% | $2.9M | $28.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.266% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.47 | +0.086% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.61 | +0.104% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 785.69 | −0.012% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.02 | +0.029% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 785.94 | +0.019% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P