Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Orderly−0.165%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)+0.184%+$18 · spread now −0.165%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.107% cheaper against Orderly than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.059%.
| 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 | OKX BNB-USDT-SWAP | 804.20 | 0.0100 | get 0.0100% / 8h | 1h 36m | $54.9M | $115.9M | 50x |
Orderly PERP_BNB_USDC
OKX BNB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.165% → −0.059%
- −$10.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$26.65
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.62 bp | 5.6 bp −$6 | 7.8 bp −$78 | 18.1 bp −$1,806 | 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 −0.0201% / 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 | 803.95 | −0.196% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0083% | 8h | 804.03 | −0.186% | $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-SWAPshort | +0.0100% | 8h | 804.20 | −0.165% | $54.9M | $115.9M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 806.10 | +0.071% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 803.75 | −0.221% | $36.0M | $57.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 803.62 | −0.237% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.43 | −0.261% | $78.6M | $25.3M | 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 | 804.59 | −0.117% | $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 | 804.80 | −0.091% | $84.5M | $13.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0123% | 8h | 804.89 | −0.080% | $519.6M | $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-USD | +0.0203% | 1h | 805.79 | +0.032% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 803.80 | −0.215% | $2.5M | $939K | 50x | as long as short |
| Hyperliquid BNB | +0.0236% | 1h | 804.81 | −0.089% | $52.1M | $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 | +0.0689% | 1h | 805.01 | −0.065% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
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
dYdX BNB-USD
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