Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: SoDEX against Orderly+0.014%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.014%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.024% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 785.59 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $264K | $358K | 50x |
| Short | SoDEX BNB-USD | 785.70 | 0.0100 | get 0.0013% / 1h | 55m 08s | $386K | $953K | 10x |
Orderly PERP_BNB_USDC
SoDEX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: +0.014% → −0.010%
- $2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$11.64
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: live order book, 54 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 SoDEX live order book, 54 min ago | 0.63 bp | 4.6 bp −$5 | 8.5 bp −$85 | 76.7 bp −$7,668 | 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 −0.0168% / S +0.0337% | 1h | 785.62 | +0.004% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.77 | +0.023% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 785.66 | +0.008% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.07 | +0.188% | $849K | $2.7M | 30x | as long as short |
| dYdX BNB-USD | +0.0006% | 1h | 785.65 | +0.008% | $159K | $62K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.60 | +0.001% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 786.73 | +0.146% | $6.0M | $18.6M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.482% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0037% | 8h | 785.91 | +0.041% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0045% | 8h | 787.00 | +0.179% | $81.2M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
dYdX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0046% | 8h | 786.81 | +0.155% | $489.4M | $812.9M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.74 | +0.018% | $2.7M | $3.6M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | +0.009% | $158K | $38K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.25 | −0.043% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.43 | +0.107% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.60 | +0.002% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.09 | +0.064% | $138.4M | $73.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.10 | +0.065% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.50 | −0.011% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.10 | +0.065% | $39.0M | $55.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.37 | −0.028% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.63 | +0.005% | $75.4M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.28 | +0.088% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.82 | +0.029% | $4.1M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.27 | +0.087% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.42 | −0.022% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.55 | −0.005% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDClong | +0.0100% | 8h | 785.59 | long leg | $264K | $358K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 786.49 | +0.115% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.05 | +0.059% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 785.70 | +0.014% | $386K | $953K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 785.82 | +0.030% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.93 | +0.044% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.13 | −0.059% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.59 | 0.000% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0108% | 8h | 786.10 | +0.065% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.127% | $548K | $1.9M | 50x | as long as short |
| BloFin BNB-USDT | +0.0166% | 8h | 786.02 | +0.055% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0185% | 8h | 785.57 | −0.003% | $2.9M | $27.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.01 | +0.054% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.85 | +0.033% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 785.89 | +0.038% | $28K | $3K | 10x | as long as short |
| Phemex BNBUSDT | +0.0259% | 8h | 786.35 | +0.097% | $68.6M | $51.1M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 785.16 | −0.055% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 785.61 | +0.003% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 786.20 | +0.078% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
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
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Phemex BNBUSDT
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P