BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against MEXC−0.080%7-day average −0.141% · you buy dearer than you sell

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

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 3 days (all we have)−0.200%−$20 · spread now −0.080%, 7d avg −0.141%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.061% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.141%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	799.20	0.0074	pay 0.0074% / 8h	7h 12m	$83.1M	$13.7M	200x
Short	Orderly PERP_BNB_USDC	798.56	0.0100	get 0.0100% / 8h	7h 12m	$386K	$459K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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 MEXCbpFee OrderlybpOrdersPrice spread, now −0.080%Rate

Funding earned: $5.46
Price spread: −0.080% → −0.141%: $6.13
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: $1.59
Costs to cover: 0.100%
Break-even: 5.0 days

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	0.63 bp	2.6 bp −$3	7.1 bp −$71	25.0 bp −$2,505	41.1 bp −$20.5K
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 −0.0159% / S +0.0335%	1h	798.61	−0.074%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.59	−0.076%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.06	−0.018%	$4K	$239	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.73	+0.066%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.92	+0.090%	$864K	$2.9M	30x	as long as short
Gate BNB_USDT	+0.0004%	8h	798.15	−0.131%	$35.9M	$57.0M	75x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	−0.097%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDC	+0.0007%	8h	798.65	−0.069%	—	$13.3M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.62	−0.072%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0025%	8h	799.10	−0.013%	$69.8M	$50.1M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.737%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	−0.016%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	799.15	−0.006%	$6.1M	$19.4M	200x	as long as short
Bybit BNBUSDT	+0.0061%	8h	798.30	−0.113%	$138.6M	$76.1M	75x	as long as short
MEXC BNB_USDTlong	+0.0074%	8h	799.20	long leg	$83.1M	$13.7M	200x
Binance BNBUSDT	+0.0074%	8h	798.93	−0.034%	$496.3M	$809.9M	75x	as long as short
Lighter BNB	+0.0096%	1h	798.79	−0.051%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	800.04	+0.105%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.60	−0.075%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.07	−0.017%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.30	−0.113%	$54.2M	$110.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.90	−0.038%	$53K	$127K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.40	−0.100%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.37	−0.104%	$78.2M	$28.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.52	+0.040%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	+0.021%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.64	−0.070%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDCshort	+0.0100%	8h	798.56	−0.080%	$386K	$459K	50x
Derive BNB-PERP	+0.0100%	1h	798.69	−0.063%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.17	−0.004%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.70	−0.063%	$393K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.49	−0.089%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.39	+0.023%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.22	−0.123%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.64	−0.070%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.175%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.73	−0.059%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0162%	8h	799.20	0.000%	$90K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0191%	1h	799.16	−0.004%	$161K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0194%	8h	799.67	+0.059%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	799.04	−0.020%	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0289%	1h	799.14	−0.008%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.04	−0.020%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0312%	1h	799.36	+0.019%	$68K	$38K	12x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.21	−0.124%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0429%	1h	799.22	+0.003%	$2.7M	$5.7M	40x	as long as short