Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.027%
Price spread now: Orderly against gTrade (Gains Network)+0.020%7-day average +0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.020%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 805.68 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 26m 17s | $9.8M | — | 150x |
| Short | Orderly PERP_BNB_USDC | 805.84 | 0.0100 | get 0.0100% / 8h | 2h 26m | $389K | $593K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against gTrade (Gains Network). 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
- $19.35
- Price spread: +0.020% → +0.038%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.57
- Costs to cover
- 0.160%
- Break-even
- 6.4 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Orderly: 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 −0.0195% / S +0.0371% | 1h | 805.63 | −0.006% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.10 | −0.072% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.60 | −0.134% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.30 | −0.047% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.43 | −0.155% | $869K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 805.68 | long leg | $9.8M | — | 150x | |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 805.82 | +0.017% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0049% | 8h | 803.71 | −0.244% | $4.0M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0053% | 8h | 805.78 | +0.012% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0075% | 8h | 805.38 | −0.037% | $139.7M | $82.5M | 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 | +0.0088% | 1h | 804.80 | −0.109% | $609K | $879K | 50x | as long as short |
| Aster BNBUSDT | +0.0092% | 8h | 806.21 | +0.066% | $6.4M | $18.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 806.02 | +0.042% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.20 | −0.060% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.68 | 0.000% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 805.70 | +0.002% | $55.2M | $115.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.80 | +0.015% | $53K | $165K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.50 | −0.022% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.30 | −0.047% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 805.39 | −0.036% | $79.3M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.62 | −0.132% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.73 | −0.118% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 805.39 | −0.036% | $119K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 805.84 | +0.020% | $389K | $593K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 805.94 | +0.032% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.19 | +0.064% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 805.12 | −0.070% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 806.16 | +0.060% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 805.45 | −0.029% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.91 | +0.029% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0108% | 8h | 806.50 | +0.102% | $84.6M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 806.41 | +0.091% | $520.7M | $803.7M | 75x | as long as short |
| Phemex BNBUSDT | +0.0124% | 8h | 806.38 | +0.087% | $70.4M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 804.63 | −0.130% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0170% | 1h | 806.19 | +0.063% | $51.8M | $21.3M | 10x | as long as short |
| SoDEX BNB-USD | +0.0196% | 1h | 805.80 | +0.015% | $396K | $1.0M | 10x | as long as short |
| Bulk BNB-USD | +0.0197% | 1h | 804.34 | −0.166% | $650K | $11K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 806.36 | +0.084% | $1.6M | $165K | 25x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.79 | +0.013% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 805.82 | +0.017% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 804.39 | −0.160% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0267% | 1h | 805.64 | −0.005% | $170K | $55K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 805.21 | −0.058% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0336% | 1h | 806.41 | +0.090% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.098% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 806.25 | +0.071% | $3.0M | $5.5M | 40x | as long as short |
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
SoDEX BNB-USD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP