Funding you earn now, next payment 23:00 UTC+0.0103%/8h= +11.2% APRpaid last 24h +0.102%
Price spread now: dYdX against Orderly+0.032%7-day average −0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.411%+$41 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.032%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.065% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 805.53 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $389K | $592K | 50x |
| Short | dYdX BNB-USD | 805.79 | 0.0203 | get 0.0025% / 1h | 36m 18s | $162K | $63K | 10x |
Orderly PERP_BNB_USDC
dYdX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Orderly. 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
- $21.56
- Price spread: +0.032% → −0.033%
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $12.01
- Costs to cover
- 0.160%
- Break-even
- 3.1 days
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 48 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 Orderly no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 48 min ago | 12.51 bp | 19.7 bp −$20 | 155.0 bp −$1,550 | 267.1 bp −$26.7K | 529.2 bp −$264.6K |
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 −0.0201% / S +0.0372% | 1h | 805.41 | −0.015% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.40 | +0.108% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.76 | +0.153% | $3.0M | $29.1M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.20 | −0.041% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.10 | +0.071% | $871K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.48 | −0.006% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0044% | 8h | 806.56 | +0.128% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0058% | 8h | 805.62 | +0.011% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0083% | 8h | 803.53 | −0.248% | $139.3M | $81.3M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.31 | −0.151% | $2.8M | $4.2M | 20x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Lighter BNBShow 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 | 805.24 | −0.036% | $608K | $880K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.40 | −0.016% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.96 | +0.053% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.80 | −0.215% | $55.0M | $115.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 806.10 | +0.071% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.35 | −0.022% | $36.1M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.31 | −0.027% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.95 | −0.196% | $78.6M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 807.06 | +0.190% | $4.2M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.65 | +0.139% | $162K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 805.54 | +0.001% | $116K | $869K | 10x | as long as short |
| Orderly PERP_BNB_USDClong | +0.0100% | 8h | 805.53 | long leg | $389K | $592K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 805.77 | +0.030% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.22 | +0.085% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.99 | −0.192% | $8.2M | $7.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 806.34 | +0.101% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.07 | −0.181% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.56 | +0.004% | $387K | $40K | 10x | as long as short |
| Aster BNBUSDT | +0.0107% | 8h | 805.67 | +0.017% | $6.4M | $18.8M | 200x | as long as short |
| Hibachi BNB/USDT-P | +0.0112% | 1h | 806.23 | +0.087% | $71K | $48K | 12x | as long as short |
| MEXC BNB_USDT | +0.0122% | 8h | 806.50 | +0.120% | $84.7M | $13.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0123% | 8h | 804.50 | −0.127% | $519.4M | $806.7M | 75x | as long as short |
| Phemex BNBUSDT | +0.0136% | 8h | 804.50 | −0.128% | $70.2M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 807.20 | +0.207% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0174% | 1h | 804.10 | −0.178% | $396K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 805.94 | +0.051% | $1.6M | $165K | 25x | as long as short |
| dYdX BNB-USDshort | +0.0203% | 1h | 805.79 | +0.032% | $162K | $63K | 10x | |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 803.80 | −0.215% | $2.5M | $939K | 50x | as long as short |
| Hyperliquid BNB | +0.0239% | 1h | 806.46 | +0.115% | $52.2M | $21.9M | 10x | as long as short |
| BloFin BNB-USDT | +0.0243% | 8h | 806.57 | +0.129% | $18.8M | $2.6M | 75x | as long as short |
| Bulk BNB-USD | +0.0295% | 1h | 807.66 | +0.264% | $652K | $14K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.055% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.95 | +0.052% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 805.13 | −0.049% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0352% | 1h | 806.38 | +0.106% | $29K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0691% | 1h | 807.09 | +0.194% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Aster BNBUSDT
Hibachi BNB/USDT-P
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
Hyperliquid BNB
BloFin BNB-USDT
Bulk BNB-USD
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP