BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0286%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h +0.062%

Price spread now: Coinbase International against GMX+0.067%67s7-day average — · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.067% dearer against GMX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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	GMX BNB/USD [WBTC.b-USDC]	787.50	L −0.0166% / S +0.0336%	get 0.0021% / 1h	58m 10s	$43K	—	200x
Short	Coinbase International BNB-PERP-INTX	788.03	0.0120	get 0.0015% / 1h	58m 10s	$545K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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 GMXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.067%Rate

Funding earned: $60.16
Price spread: +0.067% → 0.000%: $6.69
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $44.85
Costs to cover: 0.220%
Break-even: 1.8 days

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 4 min ago	1.78 bp	6.8 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit

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 45 exchanges

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]long	L −0.0166% / S +0.0336%	1h	787.50	long leg	$43K	—	200x
Kraken Futures PF_BNBUSD	−0.0085%	1h	787.40	−0.014%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.09	+0.075%	$4K	—	25x	as long as short
Aster BNBUSDT	0.0000%	8h	788.02	+0.065%	$6.0M	$17.2M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.90	+0.051%	$2.9M	$26.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	788.00	+0.063%	$139K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.28	+0.099%	$850K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.41	−0.012%	$9.5M	—	150x	as long as short
MEXC BNB_USDT	+0.0017%	8h	789.20	+0.215%	$83.4M	$11.7M	200x	as long as short
Binance BNBUSDT	+0.0017%	8h	787.98	+0.060%	$481.7M	$768.8M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.233%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0055%	8h	787.20	−0.039%	$138.6M	$67.6M	75x	as long as short
BloFin BNB-USDT	+0.0070%	8h	788.17	+0.085%	$18.4M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0089%	8h	788.09	+0.075%	$68.5M	$51.1M	50x	as long as short
Phoenix BNB	+0.0094%	1h	787.98	+0.061%	$158K	$44K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.60	+0.013%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.40	−0.013%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.07	+0.072%	$51.9M	$16.9M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.88	+0.047%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.30	−0.026%	$53.3M	$102.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.80	+0.038%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.35	−0.019%	$41.1M	$53.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.33	−0.022%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.20	−0.039%	$75.6M	$31.0M	75x	as long as short
BingX BNB-USDT	+0.0100%	8h	787.64	+0.017%	—	$50.1M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.91	+0.052%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.17	−0.043%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.96	+0.058%	$4.1M	$75.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.19	+0.087%	$159K	$444K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.54	+0.005%	$130K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.51	+0.001%	$265K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.09	+0.075%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.60	+0.012%	$387K	$926K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	787.79	+0.036%	$1.5M	$157K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.86	+0.046%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.04	+0.068%	$78K	$356K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.00	−0.064%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.50	0.000%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0120%	1h	788.03	+0.067%	$545K	$1.9M	50x
01 Exchange BNBUSD	+0.0240%	1h	788.01	+0.064%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0277%	1h	788.58	+0.136%	$639K	$0	10x	as long as short
Reya BNBRUSDPERP	+0.0317%	1h	787.04	−0.058%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	787.86	+0.045%	$67K	$37K	12x	as long as short
dYdX BNB-USD	+0.0377%	1h	788.12	+0.078%	$158K	$34K	10x	as long as short
RISEx BNB/USDC	+0.0393%	1h	787.84	+0.043%	$1.1M	$901K	20x	as long as short