Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Orderly−0.049%7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.049%, 7d avg −0.089%
=Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 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: Extended is 0.040% dearer against Orderly than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 802.91 | 0.0100 | pay 0.0100% / 8h | 2h 44m | $388K | $593K | 50x |
| Short | Extended BNB-USD | 802.51 | 0.0104 | get 0.0013% / 1h | 44m 20s | $1.9M | $6.1M | 50x |
Orderly PERP_BNB_USDC
Extended BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.049% → −0.089%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$6.15
- Costs to cover
- 0.110%
- Break-even
- 58.2 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.06 bp | 4.4 bp −$4 | 6.0 bp −$60 | doesn't fit | doesn't fit |
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 −0.0195% / S +0.0371% | 1h | 802.78 | −0.016% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.00 | +0.011% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.06 | +0.019% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.20 | +0.036% | $122K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.70 | +0.098% | $869K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.91 | 0.000% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.76 | −0.018% | $2.5M | $910K | 50x | as long as short |
| Variational Omni BNB | +0.0059% | 8h | 802.25 | −0.082% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0068% | 8h | 803.00 | +0.011% | — | $13.3M | — | as long as short |
| Aster BNBUSDT | +0.0086% | 8h | 803.55 | +0.080% | $6.4M | $18.8M | 200x | 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
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Aster BNBUSDTShow 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 | 803.99 | +0.135% | $608K | $888K | 50x | as long as short |
| Bybit BNBUSDT | +0.0089% | 8h | 802.30 | −0.076% | $138.7M | $82.6M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 803.00 | +0.011% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.49 | −0.053% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.91 | 0.000% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.70 | −0.026% | $54.9M | $115.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.00 | +0.011% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.70 | −0.026% | $36.0M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.76 | −0.019% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.61 | −0.037% | $79.0M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.30 | +0.049% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.77 | −0.017% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.84 | −0.009% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDClong | +0.0100% | 8h | 802.91 | long leg | $388K | $593K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 803.02 | +0.014% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.58 | +0.083% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 803.34 | +0.054% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.00 | +0.011% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.51 | +0.075% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0102% | 8h | 803.90 | +0.123% | $84.4M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 803.48 | +0.071% | $518.3M | $803.5M | 75x | as long as short |
| SoDEX BNB-USD | +0.0104% | 1h | 802.90 | −0.001% | $395K | $1.0M | 10x | as long as short |
| Extended BNB-USDshort | +0.0104% | 1h | 802.51 | −0.049% | $1.9M | $6.1M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 802.98 | +0.008% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0119% | 8h | 803.41 | +0.062% | $70.1M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 802.98 | +0.009% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0156% | 1h | 803.53 | +0.077% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | +0.067% | $649K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 803.11 | +0.024% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0221% | 1h | 803.00 | +0.011% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 803.39 | +0.060% | $18.8M | $3.0M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 802.80 | −0.014% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 803.59 | +0.085% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.69 | −0.028% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.250% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0697% | 1h | 803.77 | +0.107% | $3.0M | $5.3M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Lighter BNB
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
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
SoDEX BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
dYdX BNB-USD
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP