Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.027%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.027%, 7d avg +0.043%
=Together, before fees+0.206%+ Points / potential airdropLighter: Season 3 · farm board+$21 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: ApeX Omni is 0.071% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 799.56 | 0.0096 | pay 0.0012% / 1h | 1m 30s | $2.8M | $4.1M | 20x |
| Short | ApeX Omni BNBUSDT | 799.34 | 0.0100 | get 0.0013% / 1h | 1m 30s | $161K | $436K | 50x |
Lighter BNB
ApeX Omni BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: −0.027% → +0.043%
- −$7.06
- Slippage, 4 orders
- −$17.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$33.97
- Costs to cover
- 0.278%
- Break-even
- 290.1 days
Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 11 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 Lighter live order book, 6 min ago | 0.62 bp | 0.8 bp −$1 | 3.1 bp −$31 | 14.1 bp −$1,410 | 67.5 bp −$33.8K |
| Sell ApeX Omni live order book, 11 min ago | 2.06 bp | 18.0 bp −$18 | 39.1 bp −$391 | doesn't fit | 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 | 799.01 | −0.069% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.62 | +0.008% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.00 | −0.070% | $2.5M | $975K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.72 | −0.105% | $3.0M | $27.7M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.71 | +0.019% | $864K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0007% | 8h | 797.54 | −0.252% | $4.1M | $5.4M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.00 | −0.070% | $9.7M | — | 150x | as long as short |
| BingX BNB-USDC | +0.0030% | 8h | 799.38 | −0.022% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0040% | 8h | 799.00 | −0.070% | $138.7M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.68 | −0.110% | $602K | $986K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0077% | 8h | 799.90 | +0.043% | $6.2M | $19.2M | 200x | as long as short |
| Phemex BNBUSDT | +0.0093% | 8h | 799.47 | −0.011% | $69.9M | $50.7M | 50x | as long as short |
| Lighter BNBlong | +0.0096% | 1h | 799.56 | long leg | $2.8M | $4.1M | 20x | |
| Binance BNBUSDT | +0.0097% | 8h | 799.69 | +0.017% | $497.8M | $818.5M | 75x | as long as short |
| MEXC BNB_USDT | +0.0098% | 8h | 800.10 | +0.068% | $83.2M | $13.6M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.95 | −0.076% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.51 | −0.006% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.00 | −0.070% | $54.4M | $112.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.40 | −0.020% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 799.00 | −0.070% | $35.7M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.28 | −0.035% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.02 | −0.067% | $78.9M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.62 | +0.008% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDTshort | +0.0100% | 1h | 799.34 | −0.027% | $161K | $436K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.20 | −0.045% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.90 | −0.082% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.06 | −0.062% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.51 | −0.005% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.20 | −0.045% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.37 | −0.024% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.24 | −0.040% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.92 | +0.046% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.99 | −0.070% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.05 | −0.064% | $384K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.37 | −0.149% | $172K | $36K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0152% | 1h | 799.11 | −0.056% | $70K | $43K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0153% | 8h | 799.50 | −0.007% | $90K | $2.9M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0191% | 1h | 798.83 | −0.092% | $649K | $17K | 10x | as long as short |
| BloFin BNB-USDT | +0.0219% | 8h | 799.70 | +0.018% | $18.1M | $2.5M | 75x | as long as short |
| Hyperliquid BNB | +0.0249% | 1h | 800.13 | +0.072% | $52.5M | $20.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 799.34 | −0.028% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 799.73 | +0.022% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.692% | $19K | $789K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0321% | 1h | 799.74 | +0.023% | $2.7M | $5.7M | 40x | as long as short |
| dYdX BNB-USD | +0.0329% | 1h | 798.88 | −0.085% | $161K | $63K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.91 | −0.081% | $6K | $3K | 40x | as long as short |
Aster BNBUSDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Hibachi BNB/USDT-P
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP
dYdX BNB-USD
Reya BNBRUSDPERP