BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0458%/8h= +50.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.175%

Price spread now: dYdX against GMX0.000%7-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 dYdX

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BNB/USD [WBTC.b-USDC]	805.63	L −0.0195% / S +0.0371%	get 0.0024% / 1h	25m 43s	$49K	—	200x
Short	dYdX BNB-USD	805.64	0.0264	get 0.0033% / 1h	25m 43s	$170K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $96.25
Price spread: 0.000% → 0.000%: $0.05
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $74.3
Costs to cover: 0.220%
Break-even: 1.6 days

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 63 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 dYdX live order book, 63 min ago	12.60 bp	19.2 bp −$19	63.6 bp −$636	96.8 bp −$9,684	323.0 bp −$161.5K

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]long	L −0.0195% / S +0.0371%	1h	805.63	long leg	$49K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	805.10	−0.066%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	804.60	−0.128%	$3.0M	$29.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.10	+0.058%	$112K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.43	−0.149%	$869K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.68	+0.006%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	805.82	+0.023%	$2.5M	$908K	50x	as long as short
Variational Omni BNB	+0.0049%	8h	803.71	−0.238%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	805.74	+0.013%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0075%	8h	805.20	−0.054%	$139.6M	$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	−0.103%	$609K	$879K	50x	as long as short
Aster BNBUSDT	+0.0094%	8h	806.47	+0.103%	$6.4M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	805.72	+0.010%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.20	−0.054%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.68	+0.006%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.30	−0.041%	$55.2M	$115.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.80	+0.021%	$53K	$165K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.55	−0.010%	$36.0M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.57	−0.008%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.26	−0.046%	$79.2M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.62	−0.126%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	804.73	−0.112%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.39	−0.030%	$119K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.84	+0.026%	$389K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.94	+0.038%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.19	+0.069%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.12	−0.064%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.16	+0.065%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.35	−0.036%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.91	+0.035%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0108%	8h	806.60	+0.120%	$84.6M	$13.6M	200x	as long as short
Binance BNBUSDT	+0.0110%	8h	806.16	+0.066%	$520.6M	$803.7M	75x	as long as short
Phemex BNBUSDT	+0.0124%	8h	806.38	+0.093%	$70.4M	$51.8M	50x	as long as short
Phoenix BNB	+0.0125%	1h	804.63	−0.125%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0170%	1h	806.15	+0.064%	$51.8M	$21.3M	10x	as long as short
SoDEX BNB-USD	+0.0196%	1h	805.80	+0.021%	$396K	$1.0M	10x	as long as short
Bulk BNB-USD	+0.0197%	1h	804.34	−0.161%	$650K	$11K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	806.36	+0.090%	$1.6M	$165K	25x	as long as short
RISEx BNB/USDC	+0.0209%	1h	805.79	+0.019%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0229%	8h	805.82	+0.023%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	804.39	−0.154%	$71K	$48K	12x	as long as short
dYdX BNB-USDshort	+0.0264%	1h	805.64	0.000%	$170K	$55K	10x
Reya BNBRUSDPERP	+0.0334%	1h	805.21	−0.053%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	806.41	+0.096%	$29K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	−0.092%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0652%	1h	806.84	+0.150%	$3.0M	$5.5M	40x	as long as short