Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: SoDEX against Extended+0.051%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$150.154% of the position
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.051%, 7d avg +0.073%
=Together, before fees+0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 786.00 | 0.0104 | pay 0.0013% / 1h | 56m 33s | $1.8M | $5.8M | 50x |
| Short | SoDEX BNB-USD | 786.40 | 0.0100 | get 0.0013% / 1h | 56m 33s | $387K | $954K | 10x |
Extended BNB-USD
SoDEX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$0.84
- Price spread: +0.051% → +0.073%
- −$2.13
- Slippage, 4 orders
- −$2.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$18.35
- Costs to cover
- 0.154%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; SoDEX: live order book, 52 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, 2 min ago | 0.45 bp | 3.1 bp −$3 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 52 min ago | 0.63 bp | 4.6 bp −$5 | 8.5 bp −$85 | 76.7 bp −$7,668 | doesn't fit |
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 −0.0168% / S +0.0337% | 1h | 786.14 | +0.019% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.77 | −0.029% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 786.23 | +0.030% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.69 | +0.088% | $848K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.19 | +0.025% | $9.5M | — | 150x | as long as short |
| dYdX BNB-USD | +0.0008% | 1h | 786.34 | +0.044% | $159K | $62K | 10x | as long as short |
| Phemex BNBUSDT | +0.0024% | 8h | 786.84 | +0.107% | $68.6M | $51.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 787.01 | +0.129% | $6.0M | $18.6M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.429% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0038% | 8h | 786.17 | +0.022% | — | $13.4M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
dYdX BNB-USD
Phemex BNBUSDT
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDCShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0045% | 8h | 787.70 | +0.217% | $81.3M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0046% | 8h | 786.90 | +0.115% | $489.4M | $813.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.56 | +0.072% | $2.7M | $3.6M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | −0.043% | $158K | $38K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.30 | +0.039% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.94 | +0.120% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.65 | +0.083% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.23 | +0.030% | $138.5M | $73.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.20 | +0.026% | $53.5M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.50 | +0.064% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.45 | +0.058% | $38.7M | $55.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.11 | +0.015% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.95 | −0.006% | $75.4M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.68 | +0.087% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.64 | −0.172% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.31 | −0.087% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.42 | −0.073% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.21 | +0.027% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.37 | +0.048% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.49 | +0.063% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.81 | +0.104% | $13K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 786.40 | +0.051% | $387K | $954K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 786.12 | +0.016% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.85 | +0.109% | $78K | $17K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 786.00 | long leg | $1.8M | $5.8M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 786.31 | +0.040% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0106% | 8h | 786.90 | +0.115% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 785.84 | −0.020% | $547K | $1.9M | 50x | as long as short |
| BloFin BNB-USDT | +0.0166% | 8h | 786.83 | +0.106% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0185% | 8h | 785.57 | −0.054% | $2.9M | $27.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.75 | +0.096% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.85 | −0.018% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 787.01 | +0.129% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 785.82 | −0.022% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 786.70 | +0.090% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 785.19 | −0.102% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P