BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%

Price spread now: OKX against GRVT−0.132%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.132%, 7d avg −0.118%

Together, before fees+0.005%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.118%, 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	GRVT BNB_USDT_Perp	806.76	0	get 0.0000% / 8h	1h 37m	$3.0M	$29.1M	10x
Short	OKX BNB-USDT-SWAP	805.70	0.0100	get 0.0100% / 8h	1h 37m	$55.1M	$115.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against GRVT. 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 GRVTbpFee OKXbpOrdersPrice spread, now −0.132%Rate

Funding earned: $21
Price spread: −0.132% → −0.118%: −$1.33
Slippage, 4 orders: −$1.86
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1.19
Costs to cover: 0.209%
Break-even: 7.4 days

Slippage from GRVT: live order book, 2 min ago; OKX: live order book, 1 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 GRVT live order book, 2 min ago	0.06 bp	4.6 bp −$5	6.9 bp −$69	23.0 bp −$2,304	doesn't fit
Sell OKX live order book, 1 min ago	0.62 bp	5.6 bp −$6	7.8 bp −$78	18.1 bp −$1,806	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 −0.0201% / S +0.0372%	1h	806.68	−0.010%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.63	−0.016%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perplong	0.0000%	8h	806.76	long leg	$3.0M	$29.1M	10x
Kalshi KXBNBPERP	0.0000%	8h	807.00	+0.030%	$106K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	806.55	−0.026%	$872K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	806.75	−0.001%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0044%	8h	806.56	−0.025%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0059%	8h	806.24	−0.065%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0083%	8h	805.60	−0.144%	$139.5M	$81.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	806.41	−0.044%	$2.8M	$4.2M	20x	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	+0.0096%	1h	805.54	−0.151%	$608K	$881K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.85	−0.113%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	806.35	−0.051%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAPshort	+0.0100%	8h	805.70	−0.132%	$55.1M	$115.9M	50x
Arcus BNB-USD	+0.0100%	1h	806.60	−0.020%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	806.00	−0.094%	$36.1M	$57.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.94	−0.102%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.50	−0.156%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	807.06	+0.037%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.65	−0.014%	$162K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.73	−0.128%	$116K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	806.68	−0.010%	$390K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	806.94	+0.022%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	807.39	+0.078%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	806.40	−0.044%	$8.2M	$7.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.77	+0.002%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.71	−0.130%	$1.9M	$5.9M	50x	as long as short
Hibachi BNB/USDT-P	+0.0104%	1h	806.80	+0.004%	$71K	$48K	12x	as long as short
Aevo BNB-PERP	+0.0104%	1h	806.52	−0.030%	$387K	$40K	10x	as long as short
Aster BNBUSDT	+0.0107%	8h	806.76	0.000%	$6.4M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0122%	8h	807.10	+0.042%	$84.8M	$13.4M	200x	as long as short
Binance BNBUSDT	+0.0123%	8h	806.43	−0.041%	$520.6M	$804.0M	75x	as long as short
Phemex BNBUSDT	+0.0135%	8h	807.03	+0.033%	$70.4M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	807.20	+0.054%	$173K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0184%	1h	806.60	−0.020%	$397K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0201%	1h	806.57	−0.024%	$163K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	806.38	−0.047%	$2.5M	$929K	50x	as long as short
Hyperliquid BNB	+0.0232%	1h	806.76	0.000%	$52.2M	$21.9M	10x	as long as short
BloFin BNB-USDT	+0.0242%	8h	806.92	+0.020%	$18.8M	$2.6M	75x	as long as short
Bulk BNB-USD	+0.0295%	1h	807.66	+0.111%	$652K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	806.89	+0.016%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.207%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	806.35	−0.051%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	805.52	−0.154%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	806.85	+0.011%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0695%	1h	807.41	+0.080%	$3.0M	$5.5M	40x	as long as short